Full Answer
How much does it cost to own a Hungry Howie's?
The franchise fee is $25,000. We do discount the franchise fee by 50% for qualifying owner/operator veterans to thank them for their service.
Is Hungry Howies a franchise?
We started in 1973 with one hamburger shop turned delivery and carryout pizzeria in the suburbs of Detroit. Our President/CEO Steve Jackson started there as a delivery driver. Since then, Hungry Howie's has become a top pizza franchise with over 530 locations in 20 states and growing.
How much does a pizza franchise cost?
Opening a pizza franchise can cost anywhere from $25,000 to over $1 million, depending on locations of your franchise business and other factors. Most fall somewhere between $200,000 and $600,000.
How much does it cost for Domino's franchise?
Initial franchising fee: The Domino's initial franchise fee is $10,000 for building a new store or refranchising a closed store. Do note that Domino's sometimes charges a "reservation fee" of $25,000. The franchise disclosure document that you receive will have more details on this additional fee.
How many states is Hungry Howie's in?
22 statesWe now have over 550 locations in 22 states across the US. We have built a brand known for inventing Flavored Crust® pizza and providing customers of all ages a high-quality product at a great value.
Where is Hungry Howies from?
Taylor, MIHungry Howie's Pizza / Place foundedTaylor is a city in Wayne County in the U.S. state of Michigan. Its population was 63,409 at the 2020 census. Taylor is the fifth most-populated city in Wayne County and the 17th most-populated city in Michigan. Wikipedia
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Which pizza franchise makes the most money?
Highest-Grossing Pizza Chains in the U.S.Domino's. U.S. sales: $12,252,100,000.Pizza Hut. U.S. sales: $12,034,000,000. ... Little Caesars Pizza. U.S. sales: $4,000,000,000. ... Papa John's International. U.S. sales: $3,695,000,000. ... 5. California Pizza Kitchen. U.S. sales: $840,000,000. ... Papa Murphy's International. ... Sbarro. ... Marco's Pizza. ... More items...•
Is owning a pizza shop profitable?
Most non-chain pizza stores run have a 3-7% profit margin. Whichever way you slice it, that number can be improved.
How Much Is a Little Caesars franchise?
Estimated total investment: Starting at $379,000. Net worth requirement: $350,000. Liquid asset requirement: $150,000.
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How much does a Taco Bell franchise cost?
Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.
Is a pizza business 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.
How much does a Domino's owner make a year?
The average franchise owner reports a salary or profit between $50,000 to $200,000.
How much does a Pizza Hut franchise owner make?
Average Store Sales / Revenue per Year The average Pizza Huts store generates $714,000 sales per unit on average. The entire system makes $3.5 billion average sales in revenue per year. Each franchisee will average around $100,00 profit overall after all expenses.
How much is a Pizza Hut franchise?
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 much is the royalty fee on Hungry Howie's?
The ongoing royalty fee is approximately 8%. Based on other franchises, Hungry Howie’s has one of the lowest initial investment requirements and net worth requirements.
How much does it cost to franchise pizza #4?
A company with steady growth and franchise rank history, pizza franchise #4 requires an initial investment between $224,000 and $549,000. Franchisees’ net worth must be $350,000 and the ongoing royalty fee is 5.5%. This pizza franchise also requires about 20 employees to run the franchise.
Who is Hungry Howie's distribution?
Hungry Howie’s Distribution and Roma Foods are the vendors that provide all food and products to our franchisees. They provide quantity discounts to improve the franchisees bottom line.
How much does it cost to open a franchise?
Actual costs may vary, but it typically is between $290,600 and $538,400 to build and open a franchise location.
How much of your sales do you contribute to pizza franchise?
You will contribute 7% of your gross sales for marketing and advertising fees for your pizza franchise (s). Currently, this is divided so that 1% of your gross sales is allocated for national marketing and 6% for local marketing. You’ll spend an additional 1% on community marketing.
How far away do franchise owners live?
Franchise owner operators usually reside within a 30-mile radius of their location.
Does Hungry Howie have training?
Hungry Howie’s has an initial training program and also offers ongoing training to franchisees.
How many square feet are restaurants?
You must secure suitable real estate for your Restaurant. Typical locations for Restaurants are between 1,200 and 1,600 square feet. Ordinarily, the real estate is leased and located in strip centers within metropolitan and suburban areas. Less typically, the real estate is a free-standing building.
Does Hungry Howie's franchise offer financing?
The franchisor does not offer direct financing to franchisees for any items.
How much does a Hungry Howie's franchise make?
As with any business, profits from a Hungry Howie's franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 504 franchised Hungry Howie's locations in the USA.
When did they begin franchising?
They began franchising in 1982. The average Pizza franchise began franchising in 2006.
What is a Hungry Howie's franchise?
The franchisor offers qualified purchasers the right to establish and operate a Hun gry Howie's traditional restaurant at a single location. The franchisor may also franchise non-traditional restaurants developed for locations such as, stadiums, arenas, airports, train and bus stations, toll roads, amusement parks, convenience stores and other similar retail facilities, gas stations, hotels, schools, colleges, universities, office buildings, shopping malls and food courts, hospitals, institutional service facilities, and other “non-traditional” venues, which may offer a limited menu and/or services to its customers.
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years. If, among other things, franchisees are in good standing upon expiration of the original Franchise Agreement, they will have the right to renew the franchise for one additional 10-year term by signing the then-current Franchise Agreement.
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