How much does an Old Chicago Pizza & Taproom franchise cost?
- Initial Franchise Fee: $40,000
- Total Investment: $1,329,000 to $1,947,000
- Working Capital: $60,000 to $80,000
- Royalty Fee: 4.0%
Who owns Old Chicago pizza?
CraftWorks Restaurants & Breweries operates 60 restaurants under the name Old Chicago. Franchise partnerships under its Old Chicago brand account for 36 additional locations not owned or operated by CraftWorks.
Who owns Old Chicago now?
SPB Hospitality, the parent company for Logan's Roadhouse, Old Chicago Pizza & Taproom and other brands, is consolidating its corporate offices in Denver, Colo., and Nashville, Tenn., to Houston by mid-August, says CEO Jim Mazany.
Who is the CEO of Old Chicago?
Jim MazanySPB Hospitality, the parent company of Logan's Roadhouse and Old Chicago Pizza & Taproom, recently named Jim Mazany its new CEO. Mazany most recently served as chief operations officer at TGI Fridays, where he helped lead the purchase and integration of more than 125 franchises into the system.
Who founded Old Chicago?
Frank DayThe Old Chicago chain, founded in 1976 by Frank Day and eventually sold to Nashville-based CraftWorks Restaurants & Breweries Group Inc., closed its flagship location in Boulder in December 2016 and the Old Town Fort Collins restaurant two years later.
Why did Old Chicago close down?
Old Chicago didn't fare well financially either. There were too many empty stores and the amusement park was too confined to attract amusement park aficionados. Old Chicago abruptly closed the amusement park in 1980 and the mall followed in 1981. The building was razed in 1986.
What replaced Old Chicago park?
Six Flags Great AmericaThe outdoor Six Flags Great America (then known as Marriott's Great America) theme park opened in 1976, drawing visitors away from Old Chicago.
Who owns Logans Roadhouse?
Cracker BarrelSPB HospitalityCanyon Capital AdvisorsKelso & CompanyCraftWorks HoldingsBruckmann, Rosser, Sherrill...Logan's Roadhouse/Parent organizations
Why did Old Chicago amusement park close down?
The venue had amusement rides, circus performers and a concert venue, but it failed after running up costs and struggling to keep visitors coming back. The massive Old Chicago structure featured a 16-story dome and was demolished in 1986.
How much does an Old Chicago Pizza & Taproom franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
When did they begin franchising?
They began franchising in 2000. The average Pizza franchise began franchising in 2006.
What is the Old Chicago pizza?
Old Chicago Pizza & Taproom feature a welcoming casual dining atmosphere Chicago-style deep dish pizza, pasta, calzones, burgers and sandwiches and related food items and beverages featuring a wide ever-changing selection of the best local and regional craft beers as well as a full range of imported and mass domestic beers.
What is franchising fee?
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What is a 3% royalty fee?
Ad Royalty Fee. 3%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
What is the Chicago franchise?
www.nbc.com/one-chicago. The Chicago franchise (also called One Chicago) is a media franchise of American television programs created by Derek Haas, Michael Brandt and Dick Wolf, produced by Wolf Entertainment, and broadcast on NBC, all of which deal with different public services in Chicago, Illinois. The Chicago franchise has maintained strong ...
What does Chicago P.D. do?
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When was Old Chicago Pizza founded?
Will Powers (WP): Old Chicago was started by Frank Day in Boulder, CO. in 1976 with the goal of offering great Chicago style pizza. Coupled with his love for craft beer, Old Chicago Pizza & Pasta and 110 beers were born. Close to four decades later, Old Chicago has grown to nearly 100 units coast to coast.
What is the highest desired product in the restaurant industry?
WP: Pizza and beer are some of the highest desired product offerings in the restaurant industry. The versatility and popularity of the product offering does well in suburban and urban locations, cities of all sizes and appeal to guests everywhere.
WHO MAKES A GOOD EAST OF CHICAGO PIZZA FRANCHISEE?
Opening an East of Chicago Pizza franchise does not require past experience. If you have experience, it is an advantage since you already understand the time commitment and what it takes to be successful. If you don't have experience, you are in a great situation since you don't have any pre-existing ideas about what you should be doing. Our experienced team of support personnel will help you make the most of your time and answer any questions. Plus, you can take advantage of the experience and wisdom of our franchisees, area developers, and our vendors. Our ideal candidate has a background in restaurant management, preferably franchise restaurants; strong management skills; the ability to consistently motivate themselves and those around them; and the willingness to devote time and energy to the business. Successful franchise operators are unanimous in their belief that working with people, building our Brand value and a commitment to our founding core principles are the best attributes for any potential franchise owner.
How many East of Chicago locations are there?
East of Chicago Pizza is a proven franchise system, which has thrived for over twenty years in the ultra-competitive pizza industry. We have more than 80 locations in six states and in 2013, East of Chicago continued its impressive growth by surpassing 48 consecutive months of same-store-sales increases, the addition of 12 new locations, all while breaking the $30 million mark in franchise-wide sales.
What is East of Chicago Pizza?
We believe our commitment to these three principles is the driving force behind our growth and success. East of Chicago Pizza is a proven franchise system, which has thrived for over twenty years in the ultra-competitive pizza industry. We have more than 80 locations in six states and in 2013, East of Chicago continued its impressive growth by surpassing 48 consecutive months of same-store-sales increases, the addition of 12 new locations, all while breaking the $30 million mark in franchise-wide sales. In 2008, Tony Collins, a multi-unit operator, purchased the franchise. Tony's vision for the East of Chicago brand centered on the drive and success of existing operators. "It started with engagement of the owners across the board," Collins said. "We looked at each operating unit and completed over 200 store visits in order to establish our vision and company goals for the next five years. Plus, we invested heavily in training and operational systems while securing national distribution channels." Today, East of Chicago Pizza is recognized throughout the Midwest for our specialty pizzas, delicious subs, and signature wings. In the next five years, the company plans on reaching a total of 150 units and growing the corporate structure to provide continued support to the franchisee in all aspects of development, training and operations. The drive and success of existing franchisees are major aspects of East of Chicago's future growth plans. "You have to see beyond initial investment and want to grow larger with us," said Collins, noting the brand emphasizes there is a huge opportunity for aggressive expansion in key territories. "We look for potential franchisees who have great passion, a background in restaurant management, or, ideally, a multi-unit operator."
