Noble Roman’s Inc.

Noble Roman's, Inc. (OTC: NROM) is a pizza franchise company headquartered in Indianapolis, Indiana, operating a franchise system for Noble Roman's Craft Pizza & Pub full-service restaurants and Noble Roman's take-and-bake pizza outlets across the United States. According to its website at nobleromans.com, the company's franchise model enables entrepreneurs to develop and operate Noble Roman's branded pizza concepts with the support of Noble Roman's brand recognition, recipe portfolio, franchise operations system, and marketing support. Noble Roman's has operated in the pizza franchise business for more than 50 years, during which it has evolved from a traditional pizza restaurant chain to a multi-concept franchise company offering both a full-service restaurant concept and non-traditional take-and-bake formats suited for deployment in supermarkets, convenience stores, and other retail food service environments.

Noble Roman's franchise offerings, described at nobleromans.com, include the Noble Roman's Craft Pizza & Pub concept — a full-service restaurant featuring a broad menu of craft pizzas, calzones, pasta, and other Italian-American dishes alongside a craft beer and beverage program in a casual dining environment — and the standalone Noble Roman's take-and-bake pizza format, which provides consumers with fresh, unbaked pizzas to be finished at home. The company's take-and-bake franchise format has been particularly developed as a grocery and convenience store in-store concept, enabling Noble Roman's to distribute its pizza through food retail channels where take-and-bake pizza competes with the frozen pizza category in the fresh, store-baked pizza segment. Noble Roman's franchise system provides franchisees with established brand identity, proven product recipes, operational support, and marketing materials that reduce the startup challenges of independent restaurant ownership.

Noble Roman's is publicly traded on the OTC markets and pursues its franchise development strategy through both franchisee recruitment and support of existing franchisees in growing their individual Noble Roman's locations. According to nobleromans.com, the company's franchise revenue model generates royalties and fees from franchisees who operate Noble Roman's branded concepts, creating a recurring revenue stream that is less capital-intensive than company-owned restaurant operations. Noble Roman's combination of pizza franchise heritage, multi-concept franchise portfolio spanning full-service dining and take-and-bake, OTC-listed public company structure, and 50-plus year franchise operating history reflects its participation in the large and competitive pizza restaurant franchise market.