Boise, ID – Flying Pie Pizzaria (Flying Pie) has launched a national search for a new “Whirled Leader” with the expertise and financial backing to perpetuate the restaurant’s growth and expand it beyond Boise, Idaho’s city limits.
A unique contest is underway to find a suitable Whirled Leader, with Flying Pie looking to its loyal customers and the nation’s progressive business investors to act as headhunters. Those who apply or nominate someone for this role will be rewarded based on the results of the application and review process. The individual who helps find the ultimate Whirled Leader will receive a mouth-watering finder’s fee – pizza for life.
“Flying Pie takes a progressive and unique approach to business, which has led to an established loyal clientele,” said Howard Olivier, owner of Flying Pie. “We have had a great time building Flying Pie into what it has become today and because of our success we have decided the time is right to find an investor who can take Flying Pie to the next level.”
National business valuation thought leader Kevin R. Yeanoplos stated in the latest issue of BVWire, “Some business appraisers make the mistake of focusing almost exclusively on the quantitative aspects of a restaurant, looking just at the raw numbers. They forget to consider the very important qualitative aspects of the business. The ability or inability of management to change a company's future economic performance is arguably the most important qualitative factor that should be considered. These qualitative factors are at least as important if not more important in determining the value of a closely-held business.”
For 30 years, the business technique of focusing on the restaurant’s environment and the customer experience has worked for Flying Pie. “We have not only survived but prospered during the good, and more importantly, the difficult economic periods. Last year’s sales for the two locations exceeded two million dollars, and we have already experienced a six percent growth during the second quarter of 2008,” said Olivier.
Some of the unique aspects of the Flying Pie atmosphere that have driven customer and employee loyalty since 1978 include:
• Asking customers to rate their service on a scale of hand-drawn smiley faces
• Allowing customers to have their “own” day to make a pizza
• Raising a 299-pound aluminum ball of foil named Flora
“Flying Pie customers are amazing people who know amazing people and are very interested in continuing the excellence Flying Pie represents to the community,” said Olivier. “Why wouldn’t we share this search with them?”
The contest is running through December, or until the new Whirled Leader is selected, whichever comes first. For more information on how to become Flying Pie’s next Whirled Leader visit http://www.flyingpie.com/
Lesley Juel
(208) 861-8781 (cell)
(208) 376-3455
Lesley@flyingpie.com
