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Russo’s New York Pizzeria to bring new microbrewery concept to the Heights area

June 5, 2019

By: Matt Dulin

Russo’s New York Pizzeria has announced plans to launch several locations of a microbrewery concept,  Russo’s New York Italia Pizza Kitchen & Brewery , including one 3415 Katy Freeway slated to open in early 2020. The Heights-area location was eyed for another concept in 2016, but received new building permits May 15. The concept will offer pizza and pasta dishes, as well as brewed in-house craft beers. The company expects to open more than 20 brewery locations in Arizona, Florida, Tennessee, Texas and internationally, according to a news release. Another Houston location is planned near Memorial City Mall, according to the release.  www.nypizzeria.com

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*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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