The new Pizza Hut Delivery restaurant opened in retail park Militari Shopping in capital city Bucharest, on January 19, 2022. The location is a Fast Casual Delivery (“FCD”) restaurant, being the third FCD of the Group and the 20th delivery unit of the Group in Romania. The opening of a new FCD restaurant is part of the Group’s strategy to restructure and increase the profitability of the Pizza Hut business.
The new KFC restaurant opened in Calarasi, within Catex commercial center, also on January 19, 2022. The location is a Drive Thru restaurant, being the 93rd KFC restaurant in Romania.
Starting January 20, 2022, Sphera Franchise Group operates 170 restaurants: 93 KFC restaurants in Romania, two in Moldova and 20 in Italy, as well as 42 Pizza Hut restaurants and 13 Taco Bell restaurants located in Romania. Out of 42 Pizza Hut restaurants, 21 locations are dine-in, 20 are Pizza Hut Delivery and one unit is Pizza Hut Express.
Sphera Franchise Group reported profit worth RON28 million in the first nine months of 2021, against a RON4.7 million net loss in the same period of 2020, while restaurant sales amounted to RON728.7 million, the equivalent of a 45% growth.
CFF (Taco Bell) sales grew by 75%, USFN Moldova (KFC Moldova) by 54%, USFN Romania (KFC Romania) by 48%, USFN Italy (KFC Italy) by 36% and ARS (Pizza Hut) by 25%.
The group is 28.2% held by Tatika Investments Cyprus and 16.3% by Wellkept Group Bucuresti, both controlled by Radu Dimofte, while Computerland Romania, owned by Nicolae Badea, holds 20.5% of the shares.