Ruby Tuesday, Inc. Expands Franchising in Western States, Offers Growth Opportunities with a Top-Four Casual Dining Brand
MARYVILLE, Tennessee, May 28, 2003 — More than 30 years after opening its first restaurant, powerhouse casual dining company Ruby Tuesday, Inc. is launching an aggressive franchising program in the Western United States that builds on the success of its six-year-old domestic “franchise partner” program.
Adopting a more traditional franchising route is expected to fuel growth beyond the 50 to 55 company-owned units and 25 to 30 franchise partner restaurants that Ruby Tuesday® adds to its 625-unit chain every year.
The opportunity for franchise territories in 20 states provides an entrée to casual dining by restaurant operators and investors who are franchisees of restaurant concepts that have reached their growth potential.
“If you want a casual dining franchise that is proven — and not a high-risk emerging brand — then Ruby Tuesday is an excellent opportunity. We are a national brand and we believe there is tremendous growth opportunity in the Western United States,” says Ruby Tuesday founder and CEO Sandy Beall.
Franchisees of quick-service brands are also targets of the new Ruby Tuesday program. “We are interested in granting franchise rights to business people who have proven their ability to successfully operate multiple restaurants, who know their home ground, and who have solid financial credentials,” says John Brisco, President of Worldwide Franchise Development for Ruby Tuesday.
In addition to the strength of the brand – and the strong operations and financial performance the company has consistently delivered over the years – is an array of support services available to franchisees that offers them the leverage and efficiency of a billion-dollar company. Ruby Tuesday's Restaurant Support Center provides services that include financial and technology systems, training, purchasing and distribution, real estate development, and marketing. Tried and proven core-business processes that have propelled the chain to its position as one of the top four national brands in its category are available through the company's training facility, WOW-U SM.Employee training and development are available during classroom instruction at WOW-U and through distance learning and train-the-trainer programs.
Ruby Tuesday, Inc. is a publicly owned company, traded on the New York Stock Exchange (symbol: RI). It owns, operates, and franchises more than 625 full-service, casual dining restaurants in the United States and in international locations. More information is available on the company's website at www.rubytuesday.com and by contacting John Brisco, President of Worldwide Franchise Development, at 865 379-5733.