You're watching...

How Schlotzky’s Was Saved

Details

  • Description

    Kelly Roddy, Schlotzsky’s president, on how the business was saved and its new trade area expansion.

  • Duration 2:41
  • Date

Clips

Also in this playlist...

Latest Small Business

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

My next guest was brought in that helped save a once popular sandwich shop brand that would.

On the brink of bankruptcy and is now looking at 400 locations by the end of this year joining me now for this week's small business big ideas is Kelly Roddy president of slots these.

Thanks very much for joining us -- -- got right now like 375 stores slots he Delhi's across 32 states.

And your expansion do you want to expand where you already are -- trying to move into new states entirely.

Yeah we're -- actually we're doing both.

We.

You know we RDN 32 states so you might as well go there right so we're filling in.

Where we already are but we're taken on new trade areas as well -- -- over or launching in.

New Jersey this year we're launching in Pennsylvania this year.

Will be looking to go strong into Florida this year and we just completed.

-- large deal for California.

And and they LA area and the entire state of Arizona.

OK well how to get so so far flung I would have thought it would be formal -- cheaper to kind of start out say in the south east and budget but to restaurants there and then kind of move out why he's so spread even though it's only 375 stories.

That's a great question -- our preference would have -- consents -- growth start somewhere and grow out but but you know we have restaurants today.

In Anchorage Alaska.

We have restaurants of Florida Southern California so we're -- there were -- driving trucks deliver freight.

Deliver food to our customers in those states so.

To help -- -- actually to help.

Those states.

We're bringing in more restaurants everywhere so so yeah I had absolutely would been great to have -- your growth but slots visa's been.

You know at 32 states for a long time.

Right now now you're owned by this focus brands which in turn is owned by this -- from Rourke.

Now focus brands also owns Carmel it is part of myself -- his childhood and set a -- and 200 -- you put car -- set -- bond.

And it really strange just -- with your -- -- and that's going well those stores grow faster.

Yeah absolutely I mean.

We -- real to to other great brands thus sister brands that.

We put inside our slots he's restaurants and what that does is that really improves the you know level economic so.

Franchise owner can have three brands under one grew up with -- one management team -- rent.

It's of the unit level economics are really really strong those are non competing items that complement each other.

It's great offering with three great brands to our customers okay and end -- there really you're really has -- -- -- well all right sounds like a -- my have to give it a try thanks very much for being -- happy Labor Day -- Kelly Roddy.