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Funding for our pizza chain in Germany

Funding for our pizza chain in Germany

23 August 2018

Fyodor Ovchinnikov

Dodo Pizza CEO

Fyodor Ovchinnikov

Looking for funding for our pizza chain in Germany.

Our partners, brothers Thomas and Michael Kochman, set an ambitious goal for themselves and Dodo in Germany. Together, we are gunning for top places in the pizza market of the largest economy in Europe.

Thomas and Michael are our master franchisees in Germany. For 25 years, they have been developing their own brand: UNO Pizza. And this year, they decided to partner with Dodo Pizza. A few months ago, they launched a large dough commissary that will become the base for the future growth of Dodo Pizza in the German market.

Besides attracting partners via franchising, the Kochmans are going to develop their own corporate chain. It’s an important part of our plan. One of the possibilities is to grow the corporate chain and then sell pizza shops to franchisees to grow the chain faster. The brothers already have a pizza chain of 17 units.

Over the course of 25 years, they have never resorted to external sources to fund their growth—not even for bank loans. It’s time to change. The market spurs them to move faster. So the Kochmans are now studying different options for funding. They need money for re-branding of their existing pizzerias into Dodo Pizzas and further development of their corporate chain under our brand.

We proposed that they use our network to secure funding. So they put together a proposal for prospective investors (in German). If you are looking for business opportunities in Europe, send a letter to the manager in charge of our global growth, Renat Sagadeev, at r.sagadeev@dodopizza.com.

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