Detailed Estimates of Boston’s Pizza Restaurant & Sports Bar Franchise Costs Based on Item 7 (Estimated Initial Investment) of Boston’s 2019 Franchise Disclosure Document
- 1. Initial Franchise Fee: $50,000 ...
- 2. Rent Expense: $10,000 to $27,000 ...
- 3. Real Property: varies ...
- 4. Architectural and Engineering Fees: $36,000 to $65,000 ...
- 5. Construction and Leasehold Improvements: $150,000 to $1,100,000 ...
- 6. Furniture, Fixtures, and Equipment: $385,000 to $735,000 ...
- 7. Audio/Visual Systems: $75,000 to $150,000 ...
- 8. POS and Computer: $40,000 to $50,000 ...
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 it cost to buy a franchise?
The estimated initial investment required for a single Franchised Business ranges from approximately $1,570,000 to $2,150,000. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise.
What are the best pizza restaurants to buy a franchise?
Jet's Pizza offers its customers, including specialty dishes based on their own recipes, and popular burgers. And entrepreneurs can buy a franchise and open their own pizzeria Jett's. 11. Hungry Howie's Pizza
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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
How much is a Boston franchise?
Total investment can range from $1,125,000 to $2,816,000 (excluding land or lease, and depending on the targeted location and type). This includes the cost of the building, furniture, fixtures, equipment, leasehold improvements, initial inventory, working capital, and other expenses.
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 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 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.
How many Boston Pizzas 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.
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.
What is the number 1 pizza place in America?
Earning the top spot: Una Pizza Napoletana, located on New York City's Lower East Side.
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.
Is a pizza business profitable?
Most (average) pizza stores operate around a 15% profit margin.
Who is the biggest pizza company?
Domino's PizzaDomino's Pizza is the largest pizza company in the world, with more than 17,000 stores in 90 countries.
How much is a Starbucks franchise?
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 to buy a Chick-fil-A franchise?
Despite its success, Chick-fil-A charges franchisees only $10,000 to open a new restaurant, and it doesn't require candidates meet a threshold for net worth or liquid assets, the company told Business Insider. That's cheaper than every major fast-food chain in the US.
Is owning a UPS store profitable?
The UPS Store Owner's average profit per year is approximately $100,000. It takes "about $365,000 in annual gross sales" to produce a modest "$35,000/yr income for the owner" and "about 60% of all US stores do not break even."
How much does a McDonald's franchise cost?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
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 .
Where was the first pizza franchise?
After that, they developed the chains in Eastern Canada, with the first location in Ottawa, Ontario, in 1998. The franchise then grew in demand, and in the year 2000, its expansion reached the United States.
Where did Boston Pizza start?
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. Launched in 1964, Gus Agioritis established the Boston Pizza and Spaghetti House. The business grew, and the pizza restaurant became popular. This was when a franchise was born.
What is The Real Cost of A Lemonshark Poke Franchise?
However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.
How long does franchising training last?
Here are some of the training details: The general manager, operating principal, and up to three managers must attend the initial training that lasts five weeks for the first two restaurants.
Where is the franchise accountant training?
The franchisor conducts classroom training at the headquarters in Jacksonville, Florida.
Can a franchisee have exclusive territory?
The franchisor doesn’t grant franchisees exclusive territory. Apart from that, here are the franchise territory details: The franchisee must meet the franchisor’s site selection guidelines. Only then can the franchisee operate the restaurant and conduct authorized delivery and catering services.
Who supervises a restaurant?
The restaurant should be supervised by the operating principal or owner approved by the franchisor. He or she must oversee the restaurant operations and must be the primary liaison. There must also be a general manager who must work full-time to manage and operate the restaurant daily.
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.
Who owns Pizza Hut?
The first franchised location opened in 1960 in Topeka, Kansas. Today, Pizza Hut has locations throughout the world serving pizza, pasta and wings. Pizza Hut is owned by Yum! Brands, parent company of KFC and Taco Bell.
Who owns Pizza Factory in Yosemite?
Danny and Carol Wheeler from California opened their first pizza restaurant near Yosemite Park. Back then, their place was called Danny's Red Devil Pizza. But a few years later, they changed their name to Pizza Factory and started selling the franchise. The business became successful. The company offers its customers a variety of popular dishes. And entrepreneurs have the opportunity to buy a franchise and become part of a large franchise chain using a popular brand.
How many locations does Pizza Ranch have?
He opened his own business at the age of 19 in Hull, Iowa. And began to develop it. Over time, the menu of his pizzeria became more diverse, there were Buffalo wings, salads and desserts. But one thing remained unchanged. People liked his pizza and his food. Now the pizza Ranch franchise chain is deployed in 14 States and has more than 200 locations.
How many Mountain Mike's pizzas are there?
Mountain Mike's Pizza is an example of how one small family firm can turn into a huge chain that is known all over America. To date, there are more than 200 Mountain Mike's Pizza pizzerias operating in the United States. The company offers its future partners many years of experience, an interesting concept, stable earnings and huge opportunities. The firm also promotes its own fundraising program to help local schools, academic clubs, youth sports teams, church groups, charities, and other non-profit organizations.
When did Pizza Hut open?
Pizza Hut began with two brothers, Frank and Dan Carney, borrowing $600 from their mom to start a pizzeria in Wichita, Kansas. The first Pizza Hut opened its doors in 1958. The first franchised location opened in 1960 in Topeka, Kansas. Today, Pizza Hut has locations throughout the world serving pizza, pasta and wings.
How many locations does Romeo's Pizza have?
Romeo’s Pizza was founded in 2001 and has grown rapidly and now has 34 locations in Cleveland, Akron/Canton, and Columbus markets. Romeo’s Pizza has a diverse menu consisting of award-winning pizzas, pasta, subs, calzones, strombolis, salads, wings and appetizers.
What is pizza press?
The Pizza Press is taking our fresh and fun “Publish Your Own Pizza” concept to other parts of the United States . Our franchise program is a natural outgrowth of our commitment to encouraging small business owners and fostering positive relationships with everyone we meet. Together with our franchisees, we will continue to build on the respected brand of The Pizza Press and bring newsworthy pizza to your hometown.
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.
