This pizza chain founded by a former Starbucks executive is blowing up
MOD PR
MOD Pizza pioneered the fast-casual pizza category by opening its first location in Seattle in 2008. Since then, it has grown to 80 locations all over the US, with plans to open 18 more restaurants by year-end.
Cofounders Ally and Scott Svenson, who have four sons, decided to open a pizza restaurant after struggling to find an affordable option for their family.
Before opening a pizza restaurant, the Svensons opened Seattle Coffee Company in London, which was eventually acquired by Starbucks.
Scott Svenson held the position as president of Starbucks Europe for two years before dedicating his time to developing MOD.
Each pizza is 11 inches and sliced into four pieces. Customers can create their own, with an unlimited amount of toppings for a fixed price. MOD also offers beer, wine, salads, and milkshakes.
MOD saw $20 million in revenue in 2014 and expects $60 million this year.
The pizza chain prides itself on its simple menu. Because it offers franchises, the company anticipates rapid expansion.
MOD Pizza
"We take a lot of inspiration from In-and-Out burger by keeping MOD really focused and simple," Scott Svenson said.
Other notable fast-casual pizza chains of the moment include LeBron James-endorsed Blaze Pizza and Chipotle's Pizzeria Locale.
Here are some photos of the restaurant and food.
MOD Pizza
- India is an oasis of growth amid a slower global economic landscape, witnessing a once-in-a-generation growth: G20 Sherpa Amitabh Kant
- Mutual fund stake in NSE-listed cos at all time high; FPIs at 11-yr low
- Gold prices today: Yellow metal climbs Rs 230 while silver jumps Rs 700
- Indegene IPO: Company details to risk factors, all you need to know
- Indegene IPO subscribed 1.67 times on Day 1 of offer
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market