According to a news report from qsrmagazine.com, “Papa Gino’s, a venerable New England pizza chain, has signed an agreement with the brand’s first-ever franchisee. “We have been serving New England for over 40 years, but this agreement creates an opportunity for individual investors to become involved with our business model and allows us to grow our brand recognition,” says Anthony Padulo, Senior Vice President of Franchise Development.”
“Rajender and Sunita Malhotra are the first to partner with Papa Gino’s and have agreed to build three restaurants over the next three years. While the locations have not been finalized, preliminary indications suggest they will be in Beverly, Salem, and Swampscott, Massachusetts. Financial terms of the agreement were not disclosed,” said the story.