Pizza Inn Signs Multi-Unit Franchise Agreement To Expand In North Texas

Rave Restaurant Group Inc's RAVE subsidiary Pizza Inn has signed a multi-unit development agreement with Franchisees Charlie and Jeannie Clark.
Under the agreement, four new Pizza Inn stores are planned in North Texas, with the first expected to open its doors in Sherman, Texas, in the fall of 2021.
"RAVE is proud to partner with Franchisees like Charlie and Jeannie who have strong operations and are committed to excellence," said RAVE Restaurant's Chief Operations Officer Mike Burns.
Price action: RAVE shares are trading higher by 3.17% at $1.30 on the last check Tuesday.