---
title: "QSR Magazine: Sales Continue to Drop for Rave's Pie Five Pizza Concept"
url: https://burnaze.com/article/646cb19f-799b-4059-9262-a467f18990f7
source: "1851 Franchise"
original_url: https://1851franchise.com/qsr-magazine-sales-continue-to-drop-for-raves-pie-five-pizza-concept-2705485
category: "Pizza"
industry: "Restaurants"
segment: "Pizza"
published: 2018-02-08T22:17:01.000Z
modified: 2026-11-01T02:33:48.185Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/85a1f17737913c21e8c15a4053568d1d6728.jpg
---

# QSR Magazine: Sales Continue to Drop for Rave's Pie Five Pizza Concept

**TL;DR:** Pie Five Pizza Co. experienced a 13.7% loss in same-store sales, while parent company Rave's Pizza Inn brand saw a 2.7% increase. Rave is pursuing a refranchising strategy for Pie Five.

*originally published in 1851 Franchise on 2018-02-08. [Read the original](https://1851franchise.com/qsr-magazine-sales-continue-to-drop-for-raves-pie-five-pizza-concept-2705485).*

## Story

Pie Five Pizza Co. has experienced another less-than-optimal quarter. According to a recent article in QSR Magazine, the Pie Five brand experienced a loss of 13.7 percent in same-store sales during the fourth quarter. The brand was also forced to close several locations throughout 2017, dropping its total unit number down to 80.

"We are diligently pursuing a refranchising strategy at Pie Five. This shift in our model allows us to focus on best-in-class support of our franchise community so that they can, in turn provide a great guest experience," said CEO Scott Crane of parent company Rave.

Despite the hit caused by Pie Five, Rave is experiencing success through the Pizza Inn brand, which increased its same-store sales by 2.7 percent. This growth follows the brand's new express concept, which features a kiosk-based ordering system perfect for airports and convenience stores.

Crane said, "This new concept allows Pizza Inn to diversify its footprint and is a great way to reach new customers in a faster setting, while still serving the same iconic, quality pizza our guests have come to expect."

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- QSR Magazine (publication)
- same store sales (topic)
- Pizza Inn (company)
- Pie Five Pizza (company)
- brand performance (topic)
- unit closure (topic)
- refranchising strategy (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/qsr-magazine-sales-continue-to-drop-for-raves-pie-five-pizza-concept-2705485). Summarized by Burnaze (https://burnaze.com/article/646cb19f-799b-4059-9262-a467f18990f7).