Pie Five Pizza was founded in 1958 in Fort Worth, Texas, originally as Pizza Inn. The company operates a chain of fast-food pizza restaurants. The focus of the company is that they can make a personal-sized pizza in 5 minutes.
The company began franchising operation in 2013. Currently, there are 98 locations in 19 states. Owners state that they have 400 franchises in various stages of completion. The company pulled all but 2 locations in Illinois, closing 8 or the 9 location in Chicago due to heavy competition. In 2015 alone the company opened 50 locations.
The company is owned by the RAVE restaurant group and operates as a subsidiary. The new CEO, Scott Crane, recently left Smashburger to operate the pizza chain and hopes to increase sales.
Pie Five Pizza offers four different crusts, including classic pan, crispy thin, gluten-free, and traditional Italian. In addition to pizza, the company offers salads and desserts, as well as beer in most locations.
Scott Crane, just appointed as CEO in 2017, was ousted in mid-2019. A new CEO has yet to be named.