Pie Face Bakery Cafe secures rising BRW Fast Starters ranking 3rd year in a row

Pie Face Bakery Cafe , has secured a position on the prestigious BRW Fast Starters list for three consecutive years – 2007, 2008 and 2009.

Starting from 71st place in 2007, 34th in 2008, and 18th position in 2009, this growth is even more impressive because unlike many other food operators the pie franchise group has accomplished this by building and operating its own stores, and sharply rising same store sales.

“Pie Face has focused on quality and format innovation, rather than growth for growth’s sake. The BRW rising ranking is a result of our dedicated focus to making our stores and products the best they can be – not really from store expansion. Every key performance indicator has improved through the past year. Same store sales, gross margins, labour ratio’s and store profitability have all improved significantly. This will provide a great platform for future store expansion – so expect to see continued rising rankings!” says Wayne Homschek Pie Face CEO.

The pie franchise group has secured the support of many high profile investors with the company taking the approach from the outset with investors to focus on getting the business format working well. The latest BRW result underscores this approach and bodes well for future growth of Pie Face.