Rave Restaurant Group, Inc.RAVE
What Rave Restaurant Group, Inc. does.
As of June 28, 2026, we had 109 franchised Pizza Inn restaurants, 13 franchised Pie Five Units, and zero licensed PIE Units. The 91 domestic franchised Pizza Inn restaurants were comprised of 80 Buffet Units, four Delco Units, seven Express Units and zero Pizza Inn Ghost Kitchen Units. As of June 28, 2026, there were 18 international franchised Pizza Inn restaurants. Domestic Pizza Inn restaurants were located predominantly in the southern half of the United States, with North Carolina, Texas, Arkansas and South Carolina accounting for approximately 21%, 18%, 11% and 10%, respectively, of the total number of domestic units.
We franchise Buffet Units, Delco Units, Express Units and Pizza Inn Ghost Kitchen Units under the Pizza Inn brand. Buffet Units and Delco Units feature crusts that are hand-made from dough made fresh in the restaurant each day. Our pizzas are made with a proprietary all-in-one flour mixture, real mozzarella cheese, and a proprietary mix of classic pizza spices. In international markets, the menu mix of toppings and side items is occasionally adapted to local tastes.
Buffet Units offer dine-in, carryout, and catering service and, in many cases, also offer delivery service. Buffet Units offer a variety of pizza crusts with standard toppings and special combinations of toppings in addition to pasta, salad, sandwiches, appetizers, desserts and beverages, including beer and wine in some locations, in an informal, family-oriented atmosphere. We occasionally offer other items on a limited promotional basis. Buffet Units are generally located in free standing buildings or strip center locations in retail developments near offices, shopping centers and residential areas. The current standard Buffet Units are between 1,800 and 9,600 square feet in size and seat 50 to 300 customers. The interior decor is designed to promote a casual, lively, contemporary, family-style atmosphere. Some Buffet Units feature game rooms that offer a range of electronic game entertainment for the entire family.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $8.6M | $10.7M | $11.9M | $12.2M | $12.0M | $12.9M |
| Net income | $1.5M | $8.0M | $1.6M | $2.5M | $2.7M | $2.9M |
| Free cash flow | $1.3M | $1.3M | $2.8M | $2.8M | $3.3M | $3.5M |
More on RAVE.
- Rave Restaurant Group, Inc. summary
- Rave Restaurant Group, Inc. financial statements
- Rave Restaurant Group, Inc. key metrics
- Rave Restaurant Group, Inc. health scores and style box
- Rave Restaurant Group, Inc. earnings
- Rave Restaurant Group, Inc. dividends
- Rave Restaurant Group, Inc. valuation
- Rave Restaurant Group, Inc. ownership and insiders
- Rave Restaurant Group, Inc. peers
Figures from Rave Restaurant Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.