RAVE RESTAURANT GROUP, INC.

The company operates and franchises pizza restaurants under two primary brands: Pizza Inn and Pie Five Pizza Company. Pizza Inn locations function as buffet restaurants offering dine-in, carryout, and catering services alongside delivery options, while also maintaining delivery/carry-out units and express locations. The company has expanded its footprint through non-traditional restaurant formats, including Pizza Inn Express units that operate as pizza-only models and Pizza Inn Ghost Kitchen operations that fulfill orders through third-party delivery platforms. Additionally, the company licenses pizza kiosks under the Pizza Inc trademark.

Revenue is generated through two main segments: Pizza Inn Franchising and Pie Five Franchising. The Pizza Inn segment encompasses the historic buffet format alongside newer express and ghost kitchen models, while Pie Five represents the company's fast casual pizza offering. The business model relies on both company-operated units and franchise locations, with franchising serving as a primary growth mechanism that requires minimal capital investment from the parent company.

The company operates with a minimal corporate workforce of 24 full-time employees based in The Colony, Texas. Founded in 1958 as Pizza Inn Holdings, the company rebranded as Rave Restaurant Group in 2015. The company maintains operations and franchise agreements across the United States and internationally, though the majority of units are domestically located.