TL;DR
Dickey's Barbecue Pit signs a multi-unit franchise deal in Suffolk County, New York, adding five new locations to the brand's development push in the Northeast. Prosper Food Corporation, led by CEO and President John Malinconico, will develop the locations over the next seven years.
Dickey’s announced today that the company has signed a multi-unit area development agreement with Prosper Food Corporation. CEO and President John Malinconico led the negotiations for Prosper Food and recently signed the agreement to develop five Dickey’s multi-unit franchise locations over the next seven years. Malinconico is an accomplished entrepreneur with a background as a Commercial Banker/Underwriter.
Prosper Food purchased its first existing Dickey’s location back in October in Centereach, N.Y. The company also has plans to develop another four variations of Dickey’s throughout Suffolk County, N.
Y.
“Right off the bat we knew Dickey’s Barbecue Pit was the ideal, long-time partner to help accelerate our business growth plans,” said Malinconico. “The flexibility offered in terms of various operational formats, including traditional stand-alone stores, virtual locations and food trucks, will allow us to flourish in this dynamic and ever-evolving industry. We’re excited to develop multiple locations in partnership with the experts in Texas-style barbecue over the next few years across the Suffolk County territory.”
“We’re thrilled to have Prosper Food join our family of brands,” said Roland Dickey Jr., CEO of Dickey's Capital Group. “John is an incredibly talented and experienced businessman, and we’re proud to welcome him to the Dickey’s Franchise family. We look forward to partnering together to introduce more fans to Dickey’s Legit. Texas. Barbecue™ as we continue to expand the brand in the Northeast.”
In this story
This story was originally published in Franchising.com on December 6, 2021. Burnaze summarizes and links to the original reporting.
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