Majors Management LLC has entered a development agreement with Noble Roman’s Inc., the Indianapolis-based franchisor of Noble Roman’s Pizza and Noble Roman’s Craft Pizza & Pub, for 100 new Noble Roman’s franchise locations.
Based in Lawrenceville, Georgia, Majors Management develops, operates and supports convenience stores and larger travel plazas. Development of the new Noble Roman’s locations will begin in the next few weeks, and Majors Management has committed to having 31 locations open by June 30, 2024, 50 locations by Dec. 31, 2024, and the remainder of the 100 on or before Sept. 30, 2026, Noble Roman’s said.
“The new locations can be developed throughout the 48 contiguous states, but the greater concentration of locations will be in Texas, Alabama, Georgia and Tennessee,” Noble Roman’s said. “Majors paid an upfront fee for the development agreement and will be paying ongoing weekly royalties on sales as each location opens.”
Majors Management was one of the most active acquirers in convenience in 2022, completing three significant acquisitions and earning its first mention onCSP’s Top 202 list. The chain owns more than 100 c-stores and operated 60 under a variety of banners.
In the future, Majors Management plans on expanding Noble Roman’s beyond the 100 locations now included in the current development agreement, Noble Roman’s said.
“We continue to expand franchise partnerships with many exceptional organizations, and we are proud to now count Majors among them,” said Scott Mobley, presidentand CEO of Noble Roman’s. “Noble Roman’s franchise program for convenience stores and travel plazas is known for high-quality, great-tasting products, simplicity of operations, tremendous brand presentation and highly affordable startup and operating costs. Sought after by quality operators of all sizes, we are happy to have a forward-thinking market leader like Majors come alongside and partner with us.”
Ben Smith, president of Majors Management, said “Noble Roman’s pizza-focused foodservice program and their senior management team stood out as the obvious choice for us to partner with in our effort to offer the best food program in our locations. A well-conceived food program is now an essential element in the convenience store and travel plaza industry, and Noble Roman’s checked off every feature we need to excel.”
Majors Management is an owner, developer and operator of convenience stores and a distributor of branded and unbranded motor fuels. Majors Management and its affiliates supply fuel to more than 1,400 convenience stores. Its current markets include Alabama, Arkansas, Arizona, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Maine, Michigan, North Carolina, Mississippi, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and West Virginia.
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