Chef Anthony Russo’s New York Pizzeria & Italian Kitchen Inks a Multi-Unit Agreement to Bring New York-style Pizza to the Philippines
May 30, 2023
HOUSTON - Russo’s New York Pizzeria announces its first location in Manila, Philippines. Chef Russo inked a multi-unit development agreement to open stores with the Le Frank Group. Read more on franchising.com
*The following data involves historic performance information for Domestic Restaurants corporate- or affiliate-owned, open and operating under effective Franchise Agreements by the same franchisee for fiscal year 2021. There are 35 franchised domestic Russo’s New York Pizzeria Restaurants operating under effective Franchise Agreements as of December 31, 2021. 30 of which had been open for 12 months or longer. The following results include (a) the average Gross Sales for the 24 Domestic Russo’s New York Pizzeria Restaurants that were franchisee owned, open, and operated for fiscal 2021. (b) The cash flows for the FOUR (4) company-owned Russo’s New York Pizzeria Restaurants operated for fiscal year ended December 31, 2021. Because we do not maintain the accounting records of our franchisees, we are unable to make any representation to the reliability of the financial data provided by franchised Restaurants.
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