EIN News:
Spicy Pickle Franchising, Inc., the Denver-based fast-casual franchising company, announced today that it has entered into a binding letter of intent with a new franchisee and developer for seven new Spicy Pickle® Sandwich Company locations in the State of Qatar. Representing the company’s first foray into the booming Middle East nation, the first Spicy Pickle location in Doha, Qatar is scheduled to open for business in April 2012.
“We are very fortunate to have found really great partners to launch our Middle East expansion plan,” said Mark Laramie, Spicy Pickle’s Chief Executive Officer. We have been working diligently for the last year preparing for this exciting growth opportunity. This part of the Middle East, particularly Doha, Qatar, is a great place for Spicy Pickle expansion, and we expect our development there to accelerate existing interest in the surrounding region.