McAlister's Deli Franchisee To Develop 30 New Restaurants In Three States
Press release from the issuing company
Tuesday, August 27th, 2013
McAlister's Deli, a leading fast casual restaurant, announced its largest franchisee, The Saxton Group, has signed an agreement to develop 30 new restaurants in three states over the next six years. The growth will occur in markets throughout Texas,Oklahoma, Kansas and Missouri with a primary focus in the Dallas-Fort Worth and Kansas Citymarkets.
"This agreement represents The Saxton Group's long-term commitment to the McAlister's brand by growing our presence in new and existing markets," said company founder and Chairman Kelly Saxton. "Our future growth will not only create approximately 1,500 jobs in these local communities, but also directly benefits our more than 2,000 existing employee-owners that are invested in our Employee Stock Ownership Program."
"The Saxton Group has been a strong franchise partner since it opened its first McAlister's in 1998 and has been named franchisee of the year multiple times," said McAlister's Deli President and CEOFrank Paci. "We are excited to have them continue to grow the brand and to bring McAlister's great food, genuine hospitality and famous sweet tea to more locations."
Three locations included in the agreement have already opened this year in Midwest City, Okla.,Dallas and Sherman, Texas. The Saxton Group has plans for additional locations in Irving, Texas, andLawton, Okla., in the first quarter of 2014, followed by at least two restaurants in the Kansas Citymarket in 2014. The Saxton Group currently owns 54 restaurants throughout Oklahoma, Texas,Missouri and Kansas. In January 2013, The Saxton Group created an Employee Stock Ownership Program ("ESOP"), becoming one of the largest 100 percent, employee-owned companies in the restaurant industry. Under the plan, eligible employees will earn shares of The Saxton Group stock over time.
McAlister's has undertaken initiatives to strengthen its brand, including upgrading menu offerings and improving speed of service. Technomic recently recognized the brand as the top chain in the fast casual industry for food and beverage and as one of consumers' Top 5 Favorite Chains in the country. Fast Casual also ranked the brand No. 2 on its Top 100 "Movers and Shakers" list of 2013 and Paci was named one of the "Top 20 People" in the industry to watch.
To learn more about franchising opportunities with McAlister's, please contact (888) 855-DELI (3354) or [email protected], or visit www.mcalistersdelifranchise.com.