Runza Corporate HQ (8800 Firethorn Lane)

[CapitalGuy]

Runza National's new HQ

Lincoln-based Runza plans to break ground later this month on a new 47,000-square-foot office building at 8800 Firethorn Lane in southeast Lincoln. The building is expected to be completed by June 2018.

[Greg S]

Looks cool. Will be interesting to watch their upcoming growth.

Greg

[Omaha_corn_burner]

Looks cool. Will be interesting to watch their upcoming growth.

Greg

Any reason why you think they will suddenly start growing more than before? Is corporate planning to expand? They've had franchising available for years and seem to only have 5 locations outside on Nebraska. I've pitched the idea to a few close friends that have moved out of state, but they all say "people here in XYZ city wouldn't like it."

[nebugeater]

Looks cool. Will be interesting to watch their upcoming growth.

Greg

Any reason why you think they will suddenly start growing more than before? Is corporate planning to expand? They've had franchising available for years and seem to only have 5 locations outside on Nebraska. I've pitched the idea to a few close friends that have moved out of state, but they all say "people here in XYZ city wouldn't like it."

Not sure if you read the story or not but it states that their growth plans are about the same number of stores per year as recent years. They will focus more on out of state and franchise as the "local" are is close to full. More people are needed to support the franchise operation than company owned.

All about building for the next generation it states.

[Omaha_corn_burner]

Basically I was wondering if he knew something that we didn't. The article sounded like, "we've stagnated for several years but hopefully a new corporate office will [somehow] get us new stores." Are they not gaining franchisees because their corporate office is not exciting?

[Greg S]

Looks cool. Will be interesting to watch their upcoming growth.

Greg

Any reason why you think they will suddenly start growing more than before? Is corporate planning to expand? They've had franchising available for years and seem to only have 5 locations outside on Nebraska. I've pitched the idea to a few close friends that have moved out of state, but they all say "people here in XYZ city wouldn't like it."

From reading the article the expansion will take place outside of Nebraska and through franchising. The thing with Runza is, even if you don't like the signature Runza, their burgers, fries and rings are top notch.

If I was going to buy their franchises, I'd go to KC. Lots of ex Nebraskans there that will provide you a strong base. I imagine they will hit the border states hard.

Greg

[Omaha_corn_burner]

Yeah but they've been franchising for years. Why would they all of the sudden start pushing those more? Maybe they changed their process or maybe corporate has decided that they will expand into other states more?

[Greg S]

Yes, from the article the indication was expansion through franchising outside of Nebraska. They basically said they have saturated the Nebraska market.

Greg

[Omaha_corn_burner]

They've already been franchising outside of Nebraska for years.

[Linkin5]

They've already been franchising outside of Nebraska for years.

Lol, read the article.

[Omaha_corn_burner]

They've already been franchising outside of Nebraska for years.

Lol, read the article.

Have you read the article? I've read it twice now.

Runza hit 80 locations in 2008 and now sits on 83

So in 9 years they added 3 locations. Yeah, let's continue that growth.

Everett said Runza forecasts opening three to five new locations a year going forward.

Is this what you're excited about? 3-5 new locations per year?

Percentage-wise, okay, 4% growth each year.
Dollars-wise, that's nothing.

They're going to build a building for over 10 million dollars. I hope they have some good cash reserves, because 4 locations a year will take forever (15+ years) to pay back 10 million dollars.

[Bob from Omaha]

I give them credit. The corporate name is Runza National. If you're going to brag to the women, change your name to Mr. Big. So their "nation" is Nebraska, Iowa, Kansas & Colorado? Big nation there Bubba. Seriously, they do ship nationwide & probably quite a bit. I do miss Runza. One thing about them versus Godfathers & Valentinos is that their quality has held up. Godfathers & Vals are nothing like they were when they were starting out.

[Louie]

Godfathers & Vals are nothing like they were when they were starting out.

Especially Godfather's. That stuff is terrible anymore.

[Uffda]

They've already been franchising outside of Nebraska for years.

They opened a couple in Sioux Falls several years ago --- they didn't catch on and closed.

[Coyote]

Runza offers 'Temperature Tuesdays' again this winter

Runzas are made from scratch each day at 82 restaurants across Nebraska and outlets in Loveland, Colo., Clarinda and Council Bluffs, Iowa, and Lawrence, Kan.

[Coyote]

Runza to open Colorado location in former Jack in the Box space

[Padre]

Runza to open Colorado location in former Jack in the Box space

This will be the second one in Colorado, with the other in Loveland. There was one in Ft Collins that closed. I think that one was the first Runza I ever tried.