About two-thirds of TelePizza outlets in Spain are franchises while 90 percent of the 40 stores abroad are
company- owned. In addition to Spain, there are TelePizza outlets located in Mexico, Colombia, Chile, Portugal,
Belgium, Greece, and Poland—with stores in France and Brazil set to open before year’s end.
“We plan to go into the U.S. in due time,” Fernandez said. “For now we are maturing and learning from growth
markets.