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Wikipedia

MOD Pizza

MOD Pizza is an American fast-casual pizza restaurant chain based in Seattle, Washington.[3][4] Founded in 2008, MOD has more than 560 locations as of December 2023 in the United States and two locations in Canada.[5][6]

MOD Super Fast Pizza LLC
MOD Pizza
Company typePrivate
IndustryRestaurants
GenreFast casual
Founded2008; 16 years ago (2008) in Seattle, Washington
Founders
  • Scott Svenson
  • Ally Svenson
  • James Markham
Headquarters,
United States
Number of locations
500+[1] (2021)
Areas served
  • United States
  • United Kingdom (until 2020)
  • Canada
Key people
  • Scott Svenson (CEO)
  • Ally Svenson (Protector of the Purpose)
  • Josh Guenser (CFO)
  • Mark Shambura (CMO)
Products
Revenue$398 million (2019)[2]
Websitemodpizza.com

Concept and products edit

The company's name is an acronym which stands for "Made on Demand." Restaurant trade publication QSR News has characterized the concept as the "Chipotle of the pizza industry."[7]

MOD Pizza offers individual, customizable pizzas made with organic dough using King Arthur Flour.[8] Customers specify which ingredients they want included on their order, and watch the preparation process, though the restaurant also offers recommended combinations. Pizzas are then cooked for three minutes using stone ovens at 797 °F (425 °C).[4][9][10]

The decor and layout of MOD restaurants have been described as "family-friendly," with Zagat observing each establishment in the chain has a "simple and functional vibe that ties in nicely with its DIY theme."[11] The interior of each MOD restaurant is unique and "locally inspired."[12][13]

 
The interior of a MOD Pizza restaurant, pictured in 2014

Blaze Pizza, Pieology, and Pizza Rev are all considered direct competitors to MOD Pizza.[14][15]

History edit

MOD Pizza was established in 2008 in Seattle, Washington, by co-founders Scott and Ally Svenson. The Svensons previously founded the Seattle Coffee Company, a coffee company based in the United Kingdom, which they sold to Starbucks in 1998.[16] Afterwards, Scott stayed on as president of Starbucks Europe. The Svensons also helped found Carluccio's Ltd., an Italian restaurant in the U.K.[16] After moving back to their home town of Bellevue, Washington, the Svensons started MOD Pizza after being unable to find fast, affordable healthy meals for their four sons. James Markham, who had previously started pizza parlors in San Diego, California and Shanghai, China, was also a part of the founding team and helped develop the house recipes used by MOD.[17] The restaurant's first location was in Union Square and was followed by additional Seattle locations.[18]

 
The first MOD Pizza location, at Union Square in Downtown Seattle, Washington

By 2010, Markham had left MOD Pizza due to what he later characterized as a dispute in direction with the Svensons. He subsequently started a California-based chain set on MOD's "DIY" pizza concept called Pieology.[17]

Growth and expansion edit

In 2013, the restaurant chain was named one of the United States' "Top 50 Breakout Brands" by Nation's Restaurant News.[19] The same year, it added its first location outside of Washington, with a restaurant at Cedar Hills Crossing shopping center in Beaverton, Oregon.[20]

By 2014, MOD Pizza had 31 locations in Washington, Oregon, California, Arizona, Colorado, and Texas. The same year the company secured $15 million in private investment. Notable backers included Dunkin' Donuts president Paul Twohig and TOMS Shoes CEO Jim Alling.[citation needed]

In 2015, MOD Pizza raised $40 million in new funding for a total of $70 million in investment capital to fund an aggressive national growth strategy.[21] The main investor was the private equity fund PWP Growth Equity. MOD's growth is also accelerated by the addition of several franchise partnerships.[22] The business reached the 1,700-employee milestone in August 2015.[23]

In March 2016, MOD Pizza announced that they had secured $32 million in a funding round and had plans to expand to 190 stores.[24] In June, the company opened their first international location in Leeds, United Kingdom.[25] Additional expansion in the United Kingdom with joint venture partner Sir Charles Dunstone and his business partner, Roger Taylor, began in 2015.[26] MOD named John Nelson, formerly of Nando's, Ltd. (U.K.), as their CEO of U.K. operations in January 2016.[27] MOD Pizza closed all nine UK locations in 2020.[26]

In January 2017, MOD Pizza had open its 200th location, which was located in Frederick, Maryland. At the time of the opening, the company had locations in 20 states, including Arizona, California, Colorado, Florida, Idaho, Illinois, Kansas, Kentucky, Maryland, Michigan, Missouri, Montana, New Jersey, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington and Wisconsin, along with five locations in the United Kingdom.[28]

In its tenth year of business, MOD announced the opening of its 300th location in 2018.[29]

In May 2019, MOD Pizza raised $160 million in a funding round and plans to expand to 1,000 stores within next five years.[30]

MOD Pizza opened its first Canadian location (Langford, B.C.) in 2019.[31][32] In 2022, a second location opened in Nanaimo, B.C.[33]

By 2020, the company had grown to 400 locations and $400 million USD in revenue.[34]

In May 2021, the company announced a promotion celebrating its 500th location.[35]

Awards edit

  • #7 of Fortune Magazine's 20 Best Places to Work in Retail in 2015.[36]
  • 2015 Community Impact Award for "Job Creation and Workplace Development" by Seattle Business Magazine.[37]
  • FEAT Reach for the Stars Award for Best Employer
  • 50 Breakout Brands by Restaurant News in 2013[38]

See also edit

References edit

  1. ^ "MOD Surpasses 500-Store Milestone". 17 May 2021.
  2. ^ "Mod Pizza's CEO on How to Manage Purpose and Profit". 14 September 2020.
  3. ^ "Eastside Entrepreneurs Create a Family Business - 425 Magazine". 425 Magazine. 7 December 2015. Retrieved January 15, 2016.
  4. ^ a b "Eastside Fastest-Growing: MOD Pizza grabs slice of quick-service pie - Puget Sound Business Journal". Puget Sound Business Journal. Retrieved January 15, 2016.
  5. ^ "MOD Surpasses 500-Store Milestone". May 17, 2021.,
  6. ^ "Store Locations". August 18, 2021.
  7. ^ "Top-your-own pizza chains emerging fast". Pizza Marketplace. January 29, 2011. Retrieved January 14, 2015.
  8. ^ "MOD Pizza introduces new non-GMO pizza dough flour". www.fastcasual.com. 12 November 2015. Retrieved January 15, 2016.
  9. ^ Yuasa, Mark (January 13, 2012). . Seattle Times. Archived from the original on January 15, 2015. Retrieved December 20, 2017.
  10. ^ Tice, Carol. "Rising Crust: Why VCs Bet $15M On Seattle's MOD Pizza". FORBES. No. May 10, 2014. Retrieved January 14, 2015.
  11. ^ "MOD Pizza". zagat.com. ZAGAT.
  12. ^ "MOD Pizza Expands to San Jose with 3 Locations". QSR Magazine. June 16, 2014. Retrieved January 15, 2015.
  13. ^ . Ballard News-Tribune. October 31, 2014. Archived from the original on December 21, 2014. Retrieved January 15, 2015.
  14. ^ Gonzalez, Angel (March 17, 2014). "MOD Pizza raising $15M in expansion effort". Seattle Times. Retrieved January 15, 2015.
  15. ^ Oches, Sam (September 2013). "Pizza's Arms Race". QSR Magazine. Retrieved January 15, 2015.
  16. ^ a b Canal, Emily (23 January 2018). "This Married Couple Sold Their Company to Starbucks for $90 Million, and Then Built a $131 Million Pizza Empire". Inc. Retrieved 23 January 2024.
  17. ^ a b Hynum, Rick (October 2013). "Fast-casual pioneer James Markham blazes a bold new trail into pizza's future". Pizza Magazine. Retrieved January 18, 2015.
  18. ^ "Eastside Fastest-Growing: MOD Pizza grabs slice of quick-service pie". Puget Sound Business Journal. July 19, 2013. Retrieved January 14, 2015.
  19. ^ Caley, Nora (January 28, 2013). "Breakout Brands: MOD Pizza". Nation's Restaurant News.
  20. ^ "MOD Pizza expands beyond Washington State". FastCasual. January 14, 2015. Retrieved April 3, 2013.
  21. ^ "MOD Pizza snags $40 million for plan to go national". The Seattle Times. March 5, 2015. Retrieved January 15, 2016.
  22. ^ Mod Pizza c.2014 CNTV, November 4, 2014, retrieved January 15, 2016
  23. ^ "MOD Pizza Reaches Hiring Milestone and Continues to Spread Its Unique Culture Across the Country". Yahoo Finance. 12 August 2015. Retrieved January 15, 2016.
  24. ^ Garnick, Coral (March 16, 2016). "Mod Pizza brings in another $32M, plans to double store count". Puget Sound Business Journal. Retrieved June 8, 2016.
  25. ^ Garnick, Coral (June 8, 2016). "Mod Pizza continues its rapid rise, makes international debut". Puget Sound Business Journal. Retrieved June 8, 2016.
  26. ^ a b Witts, Sophie (22 October 2020). "MOD Pizza closes its UK restaurants". The Caterer. Retrieved 24 January 2022.
  27. ^ "MOD Pizza appoints new UK CEO". www.fastcasual.com. 8 December 2015. Retrieved January 18, 2016.
  28. ^ "MOD Pizza Celebrates 200th Store". GlobeNewswire (Press release). January 23, 2017.
  29. ^ "Funding to Help MOD Pizza Open More Locations". January 9, 2018.
  30. ^ "The fastest-growing chain in America just raised another $160 million as it sets its sights on opening 1,000 locations". 28 May 2019.
  31. ^ "[Langford] Belmont Market | Commercial; rentals, condos | Under construction - Page 18 - Saanich, Esquimalt, Oak Bay, Saanich Peninsula, View Royal and the West Shore". September 26, 2019. Retrieved August 18, 2021.
  32. ^ "Store Locations". Retrieved August 18, 2021.
  33. ^ "Country Club Centre | Nanaimo, BC". Mod Pizza. Retrieved 2023-05-13.
  34. ^ "How to Manage Purpose and Profit, According to the CEO of a Pizza Chain With $400 Million in Revenue". September 14, 2020.
  35. ^ "MOD Surpasses 500-Store Milestone". May 17, 2021.
  36. ^ "The 20 Best Workplaces in Retail". Fortune. Retrieved January 15, 2016.
  37. ^ "The 2015 Community Impact Awards: Job Creation and Workforce Development | Washington and Puget Sound Business News Source | Seattle Business Magazine". Seattle Business Magazine. 19 October 2015. Retrieved January 15, 2016.
  38. ^ "Breakout Brands: MOD Pizza". nrn.com. 28 January 2013. Retrieved January 15, 2016.

External links edit

  •   Media related to MOD Pizza at Wikimedia Commons

pizza, this, article, contains, content, that, written, like, advertisement, please, help, improve, removing, promotional, content, inappropriate, external, links, adding, encyclopedic, content, written, from, neutral, point, view, july, 2023, learn, when, rem. This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view July 2023 Learn how and when to remove this message MOD Pizza is an American fast casual pizza restaurant chain based in Seattle Washington 3 4 Founded in 2008 MOD has more than 560 locations as of December 2023 update in the United States and two locations in Canada 5 6 MOD Super Fast Pizza LLCTrade nameMOD PizzaCompany typePrivateIndustryRestaurantsGenreFast casualFounded2008 16 years ago 2008 in Seattle WashingtonFoundersScott SvensonAlly SvensonJames MarkhamHeadquartersBellevue Washington United StatesNumber of locations500 1 2021 Areas servedUnited StatesUnited Kingdom until 2020 CanadaKey peopleScott Svenson CEO Ally Svenson Protector of the Purpose Josh Guenser CFO Mark Shambura CMO ProductsPizzaSaladRevenue 398 million 2019 2 Websitemodpizza wbr com Contents 1 Concept and products 2 History 3 Growth and expansion 4 Awards 5 See also 6 References 7 External linksConcept and products editThe company s name is an acronym which stands for Made on Demand Restaurant trade publication QSR News has characterized the concept as the Chipotle of the pizza industry 7 MOD Pizza offers individual customizable pizzas made with organic dough using King Arthur Flour 8 Customers specify which ingredients they want included on their order and watch the preparation process though the restaurant also offers recommended combinations Pizzas are then cooked for three minutes using stone ovens at 797 F 425 C 4 9 10 The decor and layout of MOD restaurants have been described as family friendly with Zagat observing each establishment in the chain has a simple and functional vibe that ties in nicely with its DIY theme 11 The interior of each MOD restaurant is unique and locally inspired 12 13 nbsp The interior of a MOD Pizza restaurant pictured in 2014 Blaze Pizza Pieology and Pizza Rev are all considered direct competitors to MOD Pizza 14 15 History editMOD Pizza was established in 2008 in Seattle Washington by co founders Scott and Ally Svenson The Svensons previously founded the Seattle Coffee Company a coffee company based in the United Kingdom which they sold to Starbucks in 1998 16 Afterwards Scott stayed on as president of Starbucks Europe The Svensons also helped found Carluccio s Ltd an Italian restaurant in the U K 16 After moving back to their home town of Bellevue Washington the Svensons started MOD Pizza after being unable to find fast affordable healthy meals for their four sons James Markham who had previously started pizza parlors in San Diego California and Shanghai China was also a part of the founding team and helped develop the house recipes used by MOD 17 The restaurant s first location was in Union Square and was followed by additional Seattle locations 18 nbsp The first MOD Pizza location at Union Square in Downtown Seattle Washington By 2010 Markham had left MOD Pizza due to what he later characterized as a dispute in direction with the Svensons He subsequently started a California based chain set on MOD s DIY pizza concept called Pieology 17 Growth and expansion editIn 2013 the restaurant chain was named one of the United States Top 50 Breakout Brands by Nation s Restaurant News 19 The same year it added its first location outside of Washington with a restaurant at Cedar Hills Crossing shopping center in Beaverton Oregon 20 By 2014 MOD Pizza had 31 locations in Washington Oregon California Arizona Colorado and Texas The same year the company secured 15 million in private investment Notable backers included Dunkin Donuts president Paul Twohig and TOMS Shoes CEO Jim Alling citation needed In 2015 MOD Pizza raised 40 million in new funding for a total of 70 million in investment capital to fund an aggressive national growth strategy 21 The main investor was the private equity fund PWP Growth Equity MOD s growth is also accelerated by the addition of several franchise partnerships 22 The business reached the 1 700 employee milestone in August 2015 23 In March 2016 MOD Pizza announced that they had secured 32 million in a funding round and had plans to expand to 190 stores 24 In June the company opened their first international location in Leeds United Kingdom 25 Additional expansion in the United Kingdom with joint venture partner Sir Charles Dunstone and his business partner Roger Taylor began in 2015 26 MOD named John Nelson formerly of Nando s Ltd U K as their CEO of U K operations in January 2016 27 MOD Pizza closed all nine UK locations in 2020 26 In January 2017 MOD Pizza had open its 200th location which was located in Frederick Maryland At the time of the opening the company had locations in 20 states including Arizona California Colorado Florida Idaho Illinois Kansas Kentucky Maryland Michigan Missouri Montana New Jersey North Carolina Ohio Oregon Pennsylvania South Carolina Texas Utah Virginia Washington and Wisconsin along with five locations in the United Kingdom 28 In its tenth year of business MOD announced the opening of its 300th location in 2018 29 In May 2019 MOD Pizza raised 160 million in a funding round and plans to expand to 1 000 stores within next five years 30 MOD Pizza opened its first Canadian location Langford B C in 2019 31 32 In 2022 a second location opened in Nanaimo B C 33 By 2020 the company had grown to 400 locations and 400 million USD in revenue 34 In May 2021 the company announced a promotion celebrating its 500th location 35 Awards edit 7 of Fortune Magazine s 20 Best Places to Work in Retail in 2015 36 2015 Community Impact Award for Job Creation and Workplace Development by Seattle Business Magazine 37 FEAT Reach for the Stars Award for Best Employer 50 Breakout Brands by Restaurant News in 2013 38 See also editList of pizza chains of the United StatesReferences edit MOD Surpasses 500 Store Milestone 17 May 2021 Mod Pizza s CEO on How to Manage Purpose and Profit 14 September 2020 Eastside Entrepreneurs Create a Family Business 425 Magazine 425 Magazine 7 December 2015 Retrieved January 15 2016 a b Eastside Fastest Growing MOD Pizza grabs slice of quick service pie Puget Sound Business Journal Puget Sound Business Journal Retrieved January 15 2016 MOD Surpasses 500 Store Milestone May 17 2021 Store Locations August 18 2021 Top your own pizza chains emerging fast Pizza Marketplace January 29 2011 Retrieved January 14 2015 MOD Pizza introduces new non GMO pizza dough flour www fastcasual com 12 November 2015 Retrieved January 15 2016 Yuasa Mark January 13 2012 MOD s pizzas are fast tasty and inexpensive Seattle Times Archived from the original on January 15 2015 Retrieved December 20 2017 Tice Carol Rising Crust Why VCs Bet 15M On Seattle s MOD Pizza FORBES No May 10 2014 Retrieved January 14 2015 MOD Pizza zagat com ZAGAT MOD Pizza Expands to San Jose with 3 Locations QSR Magazine June 16 2014 Retrieved January 15 2015 Seattle based Company Expanding Brand within Local Community Ballard News Tribune October 31 2014 Archived from the original on December 21 2014 Retrieved January 15 2015 Gonzalez Angel March 17 2014 MOD Pizza raising 15M in expansion effort Seattle Times Retrieved January 15 2015 Oches Sam September 2013 Pizza s Arms Race QSR Magazine Retrieved January 15 2015 a b Canal Emily 23 January 2018 This Married Couple Sold Their Company to Starbucks for 90 Million and Then Built a 131 Million Pizza Empire Inc Retrieved 23 January 2024 a b Hynum Rick October 2013 Fast casual pioneer James Markham blazes a bold new trail into pizza s future Pizza Magazine Retrieved January 18 2015 Eastside Fastest Growing MOD Pizza grabs slice of quick service pie Puget Sound Business Journal July 19 2013 Retrieved January 14 2015 Caley Nora January 28 2013 Breakout Brands MOD Pizza Nation s Restaurant News MOD Pizza expands beyond Washington State FastCasual January 14 2015 Retrieved April 3 2013 MOD Pizza snags 40 million for plan to go national The Seattle Times March 5 2015 Retrieved January 15 2016 Mod Pizza c 2014 CNTV November 4 2014 retrieved January 15 2016 MOD Pizza Reaches Hiring Milestone and Continues to Spread Its Unique Culture Across the Country Yahoo Finance 12 August 2015 Retrieved January 15 2016 Garnick Coral March 16 2016 Mod Pizza brings in another 32M plans to double store count Puget Sound Business Journal Retrieved June 8 2016 Garnick Coral June 8 2016 Mod Pizza continues its rapid rise makes international debut Puget Sound Business Journal Retrieved June 8 2016 a b Witts Sophie 22 October 2020 MOD Pizza closes its UK restaurants The Caterer Retrieved 24 January 2022 MOD Pizza appoints new UK CEO www fastcasual com 8 December 2015 Retrieved January 18 2016 MOD Pizza Celebrates 200th Store GlobeNewswire Press release January 23 2017 Funding to Help MOD Pizza Open More Locations January 9 2018 The fastest growing chain in America just raised another 160 million as it sets its sights on opening 1 000 locations 28 May 2019 Langford Belmont Market Commercial rentals condos Under construction Page 18 Saanich Esquimalt Oak Bay Saanich Peninsula View Royal and the West Shore September 26 2019 Retrieved August 18 2021 Store Locations Retrieved August 18 2021 Country Club Centre Nanaimo BC Mod Pizza Retrieved 2023 05 13 How to Manage Purpose and Profit According to the CEO of a Pizza Chain With 400 Million in Revenue September 14 2020 MOD Surpasses 500 Store Milestone May 17 2021 The 20 Best Workplaces in Retail Fortune Retrieved January 15 2016 The 2015 Community Impact Awards Job Creation and Workforce Development Washington and Puget Sound Business News Source Seattle Business Magazine Seattle Business Magazine 19 October 2015 Retrieved January 15 2016 Breakout Brands MOD Pizza nrn com 28 January 2013 Retrieved January 15 2016 External links edit nbsp Media related to MOD Pizza at Wikimedia Commons Portal nbsp Companies Retrieved from https en wikipedia org w index php title MOD Pizza amp oldid 1220515573 History, wikipedia, wiki, book, books, library,

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