Ruby Tuesday Announces Guam Expansion

Biz Yahoo:

Ruby Tuesday, Inc. one of the nation’s leading casual dining restaurant companies, announced plans for the opening of its first franchised restaurant in Guam in late 2007. The restaurant will be developed and operated by RT Restaurants, LLC. Principle investors in the franchise company include Ron Mullers and Ted Davenport.

Ron Mullers is the developer of Papa Ron’s Pizza restaurants and has been a restaurant franchisee in Indonesia for more than 25 years. He has over 35 years of experience in the hospitality business.

Ted Davenport, the current franchisee for highly successful Ruby Tuesdays in Hawaii, is also a principal of a Ruby Tuesday franchisee in Southern California.

“Over a million tourists visit Guam every year, so developing a Ruby Tuesday there creates a huge opportunity for exposure of our brand to people from throughout southeast Asia and Japan,” said Mark Ingram, President-Franchising for Ruby Tuesday. “We believe this new franchise will be a spring board for additional development of Ruby Tuesdays in other counties in this part of the world, he added.