Furthering expansion of its brand, Bar Louie signed a multi-unit area development agreement with new franchise partner, Windy City Restaurant Management. The company is planning to expand the Bar Louie brand in Chicago with a total of six restaurants.
"Our growth and success thus far in 2014 is a true testament to our franchisee partners and unique bar/restaurant concept," says John Neitzel, chief executive officer of Bar Louie. "Having been around since 1990, we are thrilled at the growth we saw last year and look forward to expanding our brand's presence across the country over the next few years. As we continue to develop, we invite interested entrepreneurs to join our team and help bring Bar Louie to additional markets in the U.S."
The first location of Windy City Restaurant Management’s six-store development is expected to open before year-end. In addition to this multi-unit agreement, Bar Louie is in active discussions with several groups to develop between 20-25 restaurants across various states including Indiana, Kentucky, Tennessee, and Florida.
The company is currently experiencing solid growth with 16 projected new openings for 2014. In addition, Bar Louie has plans for nearly 100 new corporate and 100 franchise locations across the U.S. within the next five years. Bar Louie is also looking to develop new restaurants on the West Coast, in Arizona, Nevada, Oregon, and California.