
Grandpolitan Signs A RM8M International Franchise Agreement To Bring
Tony Roma’s World-Famous Ribs To Malaysia
Grandpolitan
Sdn. Bhd. and Romacorp, Inc., the parent company of world-famous rib
restaurant Tony Roma’s, today signed an International Franchise
Agreement (IFA) for the development of a chain Tony Roma’s restaurants
in Malaysia.
Romacorp, Inc. is the operator of Tony Roma’s restaurants throughout
the world, and the company currently operates 29 restaurants, and
through its subsidiary companies, franchises 222 restaurants in 26
states and 27 foreign countries and territories.
According to the IFA, Grandpolitan will act as a holding company and
will have a Territorial Agreement with Romacorp, Inc. that gives
Grandpolitan the exclusive rights to develop four Tony Roma’s
restaurants in Malaysia.
Each individual restaurant operation will have its latest Tony Roma’s
design concept with 5,000 to 6,000 sq. ft. of floor space and an
independent franchise agreement for a 20-year period.
With an estimated investment value of RM8 million to develop four Tony
Roma’s in the Klang Valley, the first Tony Roma’s outlet in Malaysia is
expected to be launched in May 2006 in one of the major shopping malls
in the Klang Valley.
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