Monday, March 7, 2011

Flying Pie Sold to New Owner

Posted By on Mon, Mar 7, 2011 at 5:36 PM

On March 2, Flying Pie Pizzaria quietly passed into the hands of a new owner. The quirky Boise pizza institution, which opened in 1978, was sold by owner Howard Olivier to Florian Penalda Penalva, a Sun Valley transplant originally from France.

“We’ve been looking for an investor for several years,” explained Flying Pie Marketing Director Lesley Juel. “We ran a ‘spare a million dollars’ campaign a few years ago, so it’s not an all-of-the-sudden thing. We have been looking for an investor to help Flying Pie grow.”

When asked if “growing” means expanding outside of Boise, Juel responded, “Could be.” She also confirmed that both Flying Pie locations at 4320 State St. and 6508 Fairview Ave. will keep their current staff.

“Almost nothing [will change], just the person signing our paychecks and the person who owns Flying Pie,” said Juel. “The sale went through last Wednesday and almost nothing has changed. We continue to be a popular, happy, fun, profitable place.”

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