How much does a Boston's the gourmet pizza franchise cost?
In order to become a part of the Boston's The Gourmet Pizza franchise team, prospective franchisees pay an initial franchise fee for the license to operate a single Franchised Business of $35,000. The estimated initial investment required for a single Franchised Business ranges from approximately $1,570,000 to $2,150,000.
Is Boston’s Pizza restaurant a good franchise in Canada?
And one of the most popular pizza restaurants that started in Canada is Boston’s Pizza Restaurant. Read on to know the training, obligations, and the Boston’s Pizza Restaurant franchise cost. Boston’s Pizza Restaurant has a rich history. Their story is as diverse as the pizza dishes they serve, and it all started in Edmonton, Alberta.
How much does Boston Pizza charge for royalty fee?
A royalty fee of 7% of gross monthly receipts is paid to the company, in addition to an advertising fee of 2.5-3%. One of the first Boston Pizza franchises was opened by Royal Canadian Mounted Police Officer Jim Treliving, in Penticon, British Columbia, in 1969.
How many Boston Pizza locations are there in the US?
Today, there are more than 335 Boston Pizza restaurants across Canada. In 1998, the Boston Pizza franchise crossed the border into the United States, as Boston’s, with headquarters in Dallas, Texas. Boston’s has 51 locations in the United States and three locations in Mexico.
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How much money does a Boston Pizza franchise make?
Over $1 billion in system wide gross sales; average unit volume exceeds $2.8 million; Average annual SSSG sales growth 2011 to 2016: 1.7%....Opportunity details.TypeFranchiseCash Required$800,000Total Investment$1,800,000 to $3,000,000
Which pizza franchise is most profitable?
Pizza chains in the U.S. with the highest sales 2021. With sales worth approximately 8.64 billion U.S. dollars, Domino's Pizza was the leading pizza restaurant chain in the United States in 2021.
How profitable is a pizza franchise?
Most (average) pizza stores operate around a 15% profit margin.
How many franchises are in Boston Pizza?
About Boston's Pizza It's an attitude that's helped us grow Boston's to over 400 locations across North America.
What is the best pizza franchise to own?
Here are the top 10 best pizza franchisesMOD Pizza. Founded in: 2008. ... Marco's Pizza. Founded in: 1978. ... Pizza Hut. Founded in: 1958. ... Domino's. Founded in: 1960. ... Hungry Howie's Pizza and Subs. Founded in: 1973. ... Cicis. Founded in: 1985. ... Papa John's. Founded in: 1985. ... Rosati's Pizza. Founded in: 1964. Franchising since: 2006.More items...
Who sells the most pizza 2022?
Pizza Hut is the largest pizza chain the United States in 2022.6,605. LOCATIONS. PIZZA HUT. Largest pizza chain in 26 out of 56 States and Territories.6,571. LOCATIONS. DOMINO'S PIZZA. Largest pizza chain in 25 out of 56 States and Territories.4,172. LOCATIONS. LITTLE CAESARS.
Is pizza a good investment?
Are pizza franchises a good investment for 2021 and 2022? The pizza business, when operated by qualified and competent franchisees, are generally profitable as it is a fast-food product that is widely accepted globally.
Do pizzerias make money?
Pizza business profit margin: 15% As far as we know, a profit margin of this size is considered the industry standard. This means that with around 1m in annual sales, you can expect to make $150K in pre-tax profit.
Is a pizza shop a good investment?
Pizza shops can be a great investment for those looking to enter the food industry. The start-up costs are relatively low, and there is a large potential customer base. Pizza shops also have the potential to generate a good amount of repeat business.
Who is the owner of Boston Pizza?
Jim TrelivingBoston Pizza / OwnerWalter James Treliving OC is a Canadian businessman and TV personality who co-owns Boston Pizza. From 2006 to 2021, Treliving was one of the investor "dragons" on the Canadian television show Dragons' Den. Wikipedia
How many Boston Pizzas have closed?
Two Boston Pizza restaurants in Waterloo, one in Kitchener and another in Stratford have gone into receivership.
How can I own a Starbucks franchise?
You can't. Starbucks Coffee doesn't franchise. Even though franchising is a classic, successful growth strategy for myriad beloved, familiar brands, Starbucks does not grant franchises. It's not because franchising isn't a time-tested model for growth.
Who sells the most pizza in the world?
Domino'sDomino's is the largest pizza chain in the world in terms of revenue and second in terms of stores opened. It has over 15,900 stores across 85 different countries.
Which company pizza is best?
List of Top 10 Best Pizza franchise in India 2022Chicago Pizza.Domino's Pizza.Pizza Hut.Pizza Corner.Papa John's.US Pizza.Burger King.Taco Bell.More items...•
How much is a La Pinoz franchise?
Franchise ModelModelCasual Dine InSpace350 - 750 Sq.ft.Setup Cost18.9 LakhsFranchise Fee9.9 LakhsTotal Investment28.8 Lakhs2 more rows
How much does Pizza Hut franchise owner earn?
Franchise owners make an average profit of $100,000 per year. However, the end profit margin ends up being only 3%-7% of annual store sales due to all the fees franchisees have to pay to their corporate headquarters.
How much money did Boston Pizza raise?
Boston Pizza's Heart-shaped Event Raises More Than $614k#N#British Columbia-based Boston Pizza's 20th annual heart-shaped pizza fundraiser, held in conjunction with Valentine's Day in February, raised more than $614,000 for the Boston Pizza Foundation. This is the most money raised in the history of the event. The Boston Pizza Foundation raises funds ...
Where did the first Boston Pizza start?
It started with Gus Agiortis, a Greek immigrant who had jumped ship in Vancouver, and then opened the first Boston Pizza in Edmonton, Alberta in 1964. He worked tirelessly to make pizza a household name in Western Canada. Gus' first restaurant was known as "Boston Pizza and Spaghetti House."
When did Gus start franchising?
The company started franchising in 1968 and has since evolved from a "pizza joint" into a full service casual dining restaurant and sports bar. Six years after opening, Gus had 17 locations (two corporate and 15 franchised) in operation across Western Canada. Gus believed that a potential franchisee didn't need a restaurant background, but needed strong people skills, a passion for hard work and new horizons. This philosophy still stands true today.
Can you own a franchise if you are absent?
Absentee ownership of franchise is NOT allowed.
Who is Boston Pizza?
Franchise Description: Boston Pizza Restaurants, LP is the franchisor. Franchisees will establish and operate a Boston’s The Gourmet Pizza Restaurant & Sports Bar restaurant for the sale of gourmet pizza and pasta dishes, and a wide variety of entrees, appetizers, fresh salads, sides and desserts. The franchisor specializes in serving family and friends in a full service casual dining restaurant, combined with a sports bar featuring large flat screen TVs, drinks, and food in a fun atmosphere.
What is a franchise agreement?
The Franchise Agreement provides that franchisees must offer, and may only offer, the products and services that the franchisor authorizes in the manuals, as they may be updated or otherwise changed in writing. Franchisees are prohibited from offering or selling products and services not authorized by the franchisor.
How long does it take to become a kitchen manager in a restaurant?
At the franchisor’s discretion, the kitchen manager may go through an abbreviated three week training program. For the first Restaurant, the franchisor will also provide its Franchise Partner Orientation, and at least one of the principal owners other than the operating principal must attend.
Can a franchisee deliver outside of a 10 mile radius?
Franchisees are prohibited from offering or selling products and services not authorized by the franchisor. Franchisees may not conduct delivery services outside of a 10-mile radius of the restaurant or within the protected area of another Boston’s restaurant without the franchisor’s prior, written consent.
Does Franchise Direct sell your information?
Franchise Direct's reputation for integrity in the franchise industry has been established over our 20+ years in business. We NEVER sell your information or share it with anyone other than the companies from which you have requested information. Please view our privacy policy.
How many locations does Boston Pizza have?
Boston Pizza is Canada’s Number One casual dining brand and has more than 340 locations across the country, exceeding $853 million in sales in 2010. The restaurant company is seeking talented entrepreneurs to open Boston Pizza franchises, offering flexible partnership arrangements. Unlike most restaurant franchising companies, Boston Pizza notes that prior restaurant experience is not mandatory for potential franchisees.
What is Boston Pizza?
Known as BP in Canada, and as Boston’s Restaurant and Sports Bar in the United States, Boston Pizza offers casual dining with more than 100 menu items, including gourmet pizzas made with the restaurant’s signature hand-pressed dough, as well as pasta dishes, burgers and sandwiches, main meat entrees, salads, sides and desserts.
When did Treliving acquire Boston Pizza?
Treliving teamed with his accountatin George Melville to open 16 more restaurants, then in 1983, acquired the Boston Pizza chain, and have continued to expand. In 1986, Boston Pizza was the official pizza supplier for Expo 86 in Vancouver.
When was Boston Pizza founded?
Boston Pizza Franchise Opportunities – History. Boston Pizza was founded in 1964 by Greek immigrant Gus Agioritis, who opened his first Boston Pizza and Spaghetti House in Edmonton, Alberta, Canada. By 1970, he had expanded his brand to 17 locations in Western Canada, with 15 franchises.
Is Honey Baked Ham a franchise?
The Honey Baked Ham Company, America's first and favorite ham franchise, has been serving high quality products for over 60 years. As a retail food franchise, HoneyBaked stands out with its multiple revenue streams and simple operating requirements.
Is Boston Pizza a franchise?
Boston Pizza is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $1,000,000 .
AMERICAN AS PIZZA PIE
We love our pizza! Some estimates show that Americans eat 3 billion pieces, or 46 slices (per person) every year. 350 slices are sold every second.
FINANCIAL REQUIREMENTS
Like all food chains, pizza franchises typically set minimum net worth and/or minimum liquid assets requirements for franchisees. Net worth requirements can range from $100,000 to more than $1 million. Your Pie is looking for a net worth of at least $500,000; $150,000 of which is liquid.
INITIAL FEES
The initial franchise fees typically range between $10,000 to $50,000.
WHY YOUR PIE?
Your Pie stands apart from other pizza restaurants in almost every way. Our pizza comes from authentic family recipes and tradition, with superior ingredients and top quality, delicious pies.
What is Franchise Times number 8?
Franchise Times named us No. 8 on its Fast & Serious list, which evaluates franchise companies that show strong staying power and sustainable growth over a period of three years.
Where is Marco's Pizza located?
Founded in Toledo, Ohio, in 1978 by Italian transplant Pasquale "Pat" Giammarco, Marco's has been a cult-favorite in the Midwest. When current CEO Jack Butorac took over in 2004, he set his sights on becoming the largest authentic pizza franchise in the world.
Is Marco's Pizza a good franchise?
Most recently, Marco’s Pizza was rank ed No. 4 in Forbes “Best Franchises to Buy” 2019 Study/Medium Investment, and No. 39 on Entrepreneur’s 2019 Franchise 500 ranking.
