Pizzaria owners target expansion
The new owner of the two Papa John’s pizzerias in Reno says northern Nevada is a “blank slate” when it comes to expansion opportunities for the quick-service pizza chain.
Bryan Casuscelli, who purchased the Papa John’s stores in northwest Reno and Damonte Ranch with Rick Rebozzi of San Jose, Calif., hopes to open additional franchise locations in Reno, Sparks, Carson City and Carson Valley, Fernley, Fallon, Elko and the Nevada side of Lake Tahoe in the next five to eight years.
Cost for opening a location, Casuscelli says, runs about $250,000 plus operating capital. Reno-Sparks at one time had four Papa Johns locations, but two closed. The two remaining stores are located at McQueen Crossing on Robb Drive and Mae Anne Avenue and in the Smith’s Shopping Center at South Meadows Parkway and Double R Blvd.
The two eateries employ about 15 at each location. Bob Elam of BTI Mergers & Acquisitions represented Casuscelli and Rebozzi’s firm, BozzCas Inc., while Katrina Loftin-Winkel, managing director of BTI, represented the seller, RJSK Diamond Inc.
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