Wednesday, March 26, 2003

Straw Hat Pizza Named Franchisor Of The Year

The Straw Hat Pizza Cooperative has been named 2003 Franchisor of the Year by the American Association of Franchisees and Dealers (AAFD). The AAFD is a national non-profit trade association representing the rights and interests of franchisees and independent dealers throughout the United States. The AAFD was formed in 1992 with the mission of "Bringing Fairness to Franchising." Each year the AAFD recognizes one franchise organization for exemplary franchise practices with its Franchisor of the Year Award.

“The selection of the Straw Hat Pizza Cooperative as the AAFD Franchisor of the Year is a testament to the premise that fair franchising, or in this case licensing, is good business,” said AAFD Chair, Robert Purvin. “Straw Hat’s license agreement embodies fairness, and as a cooperative, the company takes maximum advantage of the group purchasing synergies that should be the rule in franchising,” reported Purvin.

“The Straw Hat Cooperative is very pleased to be recognized in this manner by the AAFD,” said Joshua Richman, Straw Hat President and CEO. “This award underscores the benefits of our cooperative system; a commitment to service, support, and value, while keeping the interests of our Membership as our foremost concern,” continued Richman. “With so many excellent franchise opportunities available today, it is extremely gratifying to be singled out as Franchisor of the Year.”

[SHCC licenses members to operate nearly 50 Straw Hat Pizza locations in California & Nevada. The “Cooperative” is solely directed by its membership owners and has been called “the un-franchise, franchise.” It provides the benefits of a franchise system, however, the Cooperative’s individual owners enjoy greater control, and corporate overhead is kept to a minimum, (about 1/3rd of the average franchise fee.)]

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