Income The franchise fee for a Boston Pizza restaurant location is $60,000, with a total initial investment of $1.5 million to $2.4 million. A royalty fee of 7% of gross monthly receipts is paid to the company, in addition to an advertising fee of 2.5-3%.
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How profitable is a pizza franchise?
Most (average) pizza stores operate around a 15% profit margin.
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 much does it cost to own a Boston Pizza?
Receive approval & opening your Boston Pizza franchise.Type of expenditureCostNet-worth Requirement$1,500,000Initial Franchise Fee$40,000Royalty Fee5%Ad Royalty Fee3%11 more rows
Has Boston Pizza been successful as a business?
About Boston Pizza: 1 casual dining brand with more than 390 restaurants in Canada and more than $1 billion in sales. Annually, Boston Pizza serves more than 40 million guests. The company has been recognized as a Platinum Member of Canada's 50 Best Managed Companies.
What is the best pizza franchise to own?
The Top Pizza Franchises of 2022Domino's. Domino's is the new king of pizza, both in terms of global sales ($13.5 billion) and number of locations. ... Pizza Hut. ... Little Caesars. ... Papa John's. ... Papa Murphy's. ... Marco's Pizza. ... Hungry Howie's Pizza and Subs. ... MOD Pizza.More items...•
What is the profit margin on pizza?
a 15%The industry standard for pizza businesses is a 15% profit margin. With 1 million in annual sales, you can expect to earn $150K from pre-tax profits! One of America's favorite fast foods is pizza.
How much is a Boston franchise?
The estimated initial investment required for a single Franchised Business ranges from approximately $1,570,000 to $2,150,000.
What does a Pizza Hut franchise cost?
Pizza Hut has a franchise fee of $25,000 for a 20-year agreement, although the total initial investment ranges between $297,000 and $2,109,000. Additionally, franchisees must pay the company ongoing royalty fee of 6% on all sales, as well as an additional 3% to be applied toward national marketing efforts.
How many Boston Pizza locations are there?
About Boston's Pizza We make sure all Boston's guests get what they need when they need it, and that they have fun getting it. It's an attitude that's helped us grow Boston's to over 400 locations across North America.
How many Boston Pizzas have closed?
Two Boston Pizza restaurants in Waterloo, one in Kitchener and another in Stratford have gone into receivership.
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
What is the target market of Boston Pizza?
Who is the target audience that dines at Boston Pizza? Melnick: It's that typical sports bar demographic; men aged 24 to 54, but the other half of our business is younger families.
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.
What is the most popular pizza place 2022?
Una Pizza NapoletanaUna Pizza Napoletana owned by Anthony Mangieri in New York has captured the title of Best Pizzeria in the United States for 2022. In second place is Tony's Pizza Napoletana owned by Tony Gemignani in San Francisco. In third place is Ribalta NYC in New York.
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 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 .
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.
What is Boston Pizza Foundation?
The Boston Pizza Foundation is established to raise funds for people of all ages living with difficult circumstances throughout Canada.
How many Boston Pizza locations are there in Canada?
Each year, more than 40 million guests are served across more than 380 locations in Canada.
When did Boston Pizza celebrate its 50th anniversary?
Boston Pizza International Inc. achieves record system-wide sales of $1.0 billion and celebrates the brand’s 50th anniversary on August 12, 2014 by serving a record 85,000 individual gourmet pizzas to loyal guests from coast-to-coast. Boston Pizza opens first airport location at Edmonton International Airport.
Where is Boston Pizza located?
First Boston Pizza opens in Edmonton, Alberta. Greek immigrant Gus Agioritis opened Boston Pizza in Edmonton, Alberta , Canada, with plans for steady growth. But even he couldn’t have predicted how far it would come — thanks in part to a Royal Canadian Mounted Police officer named Jim Treliving.
Is Boston Pizza a Platinum Club Member?
Boston Pizza is named as a Platinum Club Member of “Canada’s 50 Best Managed Companies” and has been awarded Platinum status every subsequent year. The company was first awarded with “Canada’s 50 Best Managed Companies” recognition in 1994
Is Boston Pizza fun?
The casual atmosphere, combined with big-screen high-definition TVs in the sports bar, makes Boston Pizza as fun for families as it is for teams and groups of all ages. Most of our restaurants also feature an outdoor patio for those days when guests want to sit back and soak up the sun.
Is Boston Pizza a sports bar?
No matter which side you select, Boston Pizza ...
