Close Menu
  • Home
  • Business News
    • Entrepreneurship
  • Investments
  • Markets
  • Opinion
  • Politics
  • Startups
    • Stock Market
  • Trending
    • Technology
  • Online Jobs

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Tech Entrepreneurship: Eliminating waste and eliminating scarcity

July 17, 2024

AI for Entrepreneurs and Small Business Owners

July 17, 2024

Young Entrepreneurs Succeed in Timor-Leste Business Plan Competition

July 17, 2024
Facebook X (Twitter) Instagram
  • Home
  • Business News
    • Entrepreneurship
  • Investments
  • Markets
  • Opinion
  • Politics
  • Startups
    • Stock Market
  • Trending
    • Technology
  • Online Jobs
Facebook X (Twitter) Instagram Pinterest
Prosper planet pulse
  • Home
  • Privacy Policy
  • About us
    • Advertise with Us
  • AFFILIATE DISCLOSURE
  • Contact
  • DMCA Policy
  • Our Authors
  • Terms of Use
  • Shop
Prosper planet pulse
Home»Investments»Investment group buys rights to Duane’s House of Pizza, plans future locations – InForum
Investments

Investment group buys rights to Duane’s House of Pizza, plans future locations – InForum

prosperplanetpulse.comBy prosperplanetpulse.comJune 21, 2024No Comments4 Mins Read5 Views
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


FARGO — Duane’s House of Pizza, one of Fargo-Moorhead’s most beloved tavern-style pizza places, has a new franchise owner and more locations are expected to open in the area in the coming days.

Slainte Hospitality, the investor group that also owns the Blarney Stone Pub and Hotel Donaldson in downtown Fargo, has purchased the franchise rights to Duane’s from longtime owner Steve Schultz, the partners announced Friday, June 21.

“I’m very excited to be involved with a brand that’s been in Fargo for decades and make it even better,” Jim Poolman said in an exclusive interview with The Forum.

Poolman said additional locations are also being considered.

“I’m particularly interested in looking at north Fargo near the North Dakota State University campus,” Poolman said, “or even bringing it to other towns.”

Grand Forks, Bismarck and Minnesota’s Lakes Country are good areas for expansion, Poolman said.

Poolman said the two Fargo stores and one in Moorhead will continue to be operated independently by their respective owners under a master franchise agreement that Slante purchased from Schultz.

“We look forward to working with these franchisees to continue to provide a great customer experience and deliver a great product,” he said.

062224.N.FF.Duanes

Hot, fresh pizza is seen at Duane’s House of Pizza on South University Drive in Fargo, Friday, June 21, 2024.

David Samson/The Forum

According to Poolman, FM franchise locations include:

  • Duane’s House of Pizza, located at 1629 S. University Drive in Fargo, is operated by Slice, LLC.
  • Duane’s at SouthTown PourHouse, 4281 45th St. S. in Fargo, is owned by Chad Klimek.
  • Duane’s, the Midtown Tavern at 2223 Centre Ave. on Moorhead’s east side, is owned by RKB Investments Inc.

Schultz, who now lives in Florida, said his family has been in the pizza business for nearly 70 years and he’s been making pizza for 47 years.

“(He’ll be missed, no question about it),” Schultz said. “It’s in the blood.”

Poolman said Sláinte Group initially sought to enter into a franchise license agreement with Schultz.

062224.N.FF.Duanes

Sergio Salinas prepares to remove a pizza from the oven at Duane’s House of Pizza on South University Drive in Fargo on the morning of Friday, June 21, 2024.

David Samson/The Forum

The two had a good relationship, and over time the conversation shifted to the idea of ​​Schultz retiring and “having people with restaurant experience take over the brand,” Poolman said. “He decided we would be the right fit.”

“Like the Hotel Donaldson acquisition, Duane’s is an iconic Fargo brand, it’s well known, it’s a mainstay in Fargo, and people have supported Duane’s for decades,” Poolman said.

He added that Duane’s location has room to expand.

“Even with all the growth in this particular market, we think leveraging a great product and a great brand will always work,” Poolman said.

“We have enough experience in the food business that we’d love to try it ourselves, but (Sláinte) is open to other businesses wanting to franchise,” Poolman said. “Our product is unique, it’s proven and people really like it, so we think there’s an opportunity for growth.”

Like many Fargo-area residents, Poolman grew up eating Duane’s Pizza.

But he never expected he’d end up owning the brand.

“Growing up in Fargo, Duan’s Pizza was a treat in our home and I never imagined I’d actually own it 40 years later. As a Fargo native, it’s exciting to be involved with a Fargo staple brand that I grew up with,” Poolman said.

Poolman added that Sláinte Hospitality will maintain Duane’s high standards.

“Steve and his father built a great business that performed consistently well and always wanted to improve, and we have that same mindset,” Poolman said. “We’re very excited about the opportunity this brings and are excited to continue to grow and expand our great product.”

Helmut Schmidt

Helmut Schmidt is Forum’s business reporter. A German immigrant, he came to the United States about a decade after the introduction of the Volkswagen Beetle. After graduating from high school in Cottage Grove, Minnesota, he served in the U.S. Army as a microwave radio technician and repairman. After earning a journalism degree from the University of St. Thomas in St. Paul, he joined the Albert Lea Tribune in southeastern Minnesota, where he served as editor in chief for three years. Helmut has covered a variety of topics for Forum, including K-12 schools, city government, police, courts and the business community. Contact Helmut at 701-241-5583 or hschmidt@forumcomm.com.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
prosperplanetpulse.com
  • Website

Related Posts

Investments

Mirae Asset Global Investments Co., Ltd. sells 18,000 shares of Global Super Dividend US ETF (NYSEARCA:DIV)

July 14, 2024
Investments

6 investments that will plummet in value by the end of 2024

July 14, 2024
Investments

Investment in the county’s agriculture sector will yield bountiful harvests. [column] | Local Voices

July 14, 2024
Investments

Mirae Asset Global Investments Co. Ltd. Increases Stake in Stride, Inc. (NYSE:LRN)

July 14, 2024
Investments

Allspring Global Investments Holdings LLC invests in WPP plc (NYSE:WPP)

July 14, 2024
Investments

How much should I invest to retire at 30?

July 14, 2024
Add A Comment
Leave A Reply Cancel Reply

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Editor's Picks

The rule of law is more important than feelings about Trump | Opinion

July 15, 2024

OPINION | Biden needs to follow through on promise to help Tulsa victims

July 15, 2024

Opinion | Why China is off-limits to me now

July 15, 2024

Opinion | Fast food chains’ value menu wars benefit consumers

July 15, 2024
Latest Posts

ATLANTIC-ACM Announces 2024 U.S. Business Connectivity Service Provider Excellence Awards

July 10, 2024

Costco’s hourly workers will get a pay raise. Read the CEO memo.

July 10, 2024

Why a Rockland restaurant closed after 48 years

July 10, 2024

Stay Connected

Twitter Linkedin-in Instagram Facebook-f Youtube

Subscribe