The pasta restaurant chain Presto is opening its first licensed location in Donegal Square, Mount Joy.
A company release stated that the opening “marks the beginning of Presto’s journey into franchising,” offering entrepreneurs the opportunity to bring made to order fare to their communities.
“We’re thrilled to announce our first licensed location in Mount Joy,” Presto CEO Toni Calderone said in a statement. “The owners of this location have decades of experience in the franchising sector with the promise of 10 more stores from this group in the future.”
“This represents a major milestone in our mission to share the Presto experience with a wider audience. We’re confident that our innovative approach to fresh, restaurant-quality meals at a fast-food speed will resonate with customers in Mount Joy and beyond,” added Calderone.
Presto’s menu features Tutoni’s Flour Shop fresh pasta, a proprietary noodle made in York. The company has restaurants in York and Lancaster.
Presto has also announced plans for a potential equity crowdfunding campaign for its nationwide growth strategy. This would allow individual investors to become a part of Presto’s story while fueling the development of the franchise model and opening of new locations across the US.
“We’ve spent the last five years figuring out what works for Presto and what doesn’t,” said Calderone. “From store size and setup to service model and pricing, we’ve honed in on what can make Presto successful and we’re ready to duplicate this model moving forward with an experienced team in place to do so.”
Interested individuals can read more about the plan on Presto’s campaign page on Start Engine, an online platform that connects startups and investors.
“We’re passionate about our plan to create a brand experience that our community can have ownership in,” Calderone said. “Equity crowdfunding would allow individuals to invest in our vision and be a part of Presto’s journey just like our local customers have been since day one. We believe this approach fosters a strong connection with our communities and allows us to share our success with those who believe in our mission.”