John's Incredible Pizza Company Announces Expansion Partnership
September 28, 2010 (Rancho Santa Margarita, CA) - John's Incredible Pizza Company, known for its family focused restaurant and
entertainment facilities located throughout California, formally announces its partnership agreement with H. Katz
Capital Group, a venture capital firm formed by Philadelphia entrepreneur Harold Katz. The partnership will
expand John's from 10 locations to 20 or more over the next three to four years.
A typical John's Incredible Pizza Company location occupies on average 50,000 square feet per store and will seat
nearly 1000 guests. "For 13 years, John’s has been dedicated to creating an 'incredible' experience for guests by
providing multiple themed dining rooms; an all-you-can-eat pizza, pasta, soup, salad and dessert buffet; as well
as rides, attractions, video and ticket-dispensing games geared at pleasing visitors of all ages," said Vice President
of Operations, Lori Stowe. "Opening each new location allows the company to hire approximately 180 new employees for
a facility that will serve over 4,000 guests on a busy Saturday. We are pleased to partner with Mr. Katz to grow our
business and bring the John’s experience to new communities."
"Our biggest challenge was finding a partner we believed could help us impact the marketplace as we expand and we've
found that in Harold Katz and the H. Katz Capital Group," said John's founder, John Parlet, "Katz's enterprising talent
is undeniably evident in his history as Founder of NutriSystem, along with numerous other companies, and as former owner
of the Philadelphia 76ers. This partnership represents a fantastic growth opportunity for our company and a lucrative
investment for the Katz Group. We look forward to becoming a part of Mr. Katz's impressive and growing roster of successes."
The first store of this partnership will open in Beaverton, Oregon in early 2011 making it John's 11th location with a
12th location due to open operations in Moorestown, New Jersey in August. Additional new locations will be announced
as they are confirmed in the coming weeks.
Download Press Release