Beginning in January, 2017, Kuwait, Bahrain and Oman will be seeing a new restaurant chain within their borders. Over the next five years approximately 22 Yellow Cab Pizza restaurants will be established after a deal was forged between casual dining chain and owner of the Yellow Cab Pizza brand, Max’s Group Inc., and Silver Group.
“We are pleased with the opportunity to further expand our presence in the Gulf Cooperation Council (GCC) region. Our international business has been scaling up quite aggressively with Yellow Cab Pizza emerging as the most coveted brand. We are optimistic in sustaining this pace as we possess the necessary structure and support systems to fuel overseas growth through franchising,” said Robert Trota, MGI president and CEO.
MGI has been growing its international business quickly this past year, with seven overseas franchise contracts signed, including the latest. MGI has 153 stores in the pipeline to open across the world in the coming next few years.
“Silver Group pioneered our pizza offerings in this territory. We appreciate their continued trust and for sharing our vision of Yellow Cab Pizza as a global mainstream brand. Together, we are confident of replicating our earlier success in Qatar into surrounding nations,” Trota added.
Silver Group CEO Abdulrahman Al-Kaabi said:
“Silver Group greatly values the partnership and mutual success. Therefore, it was one of our great achievements to have an agreement with MGI to operate Yellow Cab in Kuwait, Bahrain and Oman as we believe on the brand potential in these markets after the achieved results in Qatar. It is our commitment to deliver the best possible customer experience and great quality Pizza in Gulf region.”