Pie Five Pizza In Naperville Closes

The Naperville Pie Five Pizza has closed permanently, according to the Daily Herald. The restaurant is one of six locations of the casual pizza chain that shut down this week. Company-owned restaurants in Palatine, Glenview, Skokie, Algonquin and Oak Lawn also closed.

The restaurant offered patrons custom pizzas that were ready in five minutes.

"We made the very difficult but operationally necessary decision to focus development on our growing markets," Jami Zimmerman, a Pie Five spokeswoman, said in a statement according to the Daily Herald. "It was truly in the best interest of the brand, our franchisees, shareholders and other team members."

The company also pulled out of the Denver and Minneapolis metro areas for a total of 14 closures, according to Crain's Chicago Business.

A franchise in Rolling Meadows, Illinois closed last year only three month after opening. The owner of that location, Carl Dissette, sued the Pie Five parent company for a alleged fraud and breach of contract, according to the Daily Herald. Dissette claimed that he was deceived by inflated its financial reporting about the profitability of Pie Five Restaurants.

One Pie Five location remains in Schaumburg and another is expected to open in Oak Brook.

Map showing the location of the closed restaurant, powered by Google

Photo "Pie Five Pizza Co at VCU" by Eli Christman via Flickr (https://creativecommons.org/li...)