How much does a Hungry Howie's franchise cost?
- Initial Franchise Fee: $25,000
- Total Investment: $228,311 to $555,315
- Working Capital: $0 to $20,000
- Royalty Fee: 5.5%
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.
Are pizza franchises profitable?
Profitability: Ingredient costs are relatively low compared to the price charged, ensuring profitability. 3. Growing industry: The pizza industry is $47 billion a year, and franchises constitute $36.4 billion of that, according to research firm IBISWorld. It is forecast to continue growing over the next five years.
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 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.
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...•
Do franchise owners make money?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.
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.
When did Hungry Howies open?
1973, Taylor, MIHungry Howie's Pizza / Founded
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 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 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 a Subway franchise?
The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
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.
What is the average markup on pizza?
A meat-loaded pizza only costs $1.90 to make, and generally sells for $14. That's a 636% markup. A plain margherita pizza, at a cost of $1.77, retails for $12 — a 580% markup. A big contributor to these huge markups is the incredibly low cost of making the crusts.
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 do Little Caesar franchise owners make?
Average Franchisee Profit The average Little Caesars franchisee will make $50,000 – $200,000 per year after expenses.
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.
What is the Hungry Howie's franchise?
All new Hungry Howie ’s franchisees receive extensive training that consists of classroom and in-store training, supplemented with online training and food safety certification. Our training program covers such topics as food preparation, customer service, management and local store marketing.
When did Hungry Howie start?
We started in 1973 with one hamburger shop turned delivery and carryout pizzeria in the suburbs of Detroit. Our now President/CEO Steve Jackson was there as a delivery driver. Since then, Hungry Howie’s has become a top pizza franchise with over 550 locations in 20 statesand still growing.
What is the mission of Hungry Howie's?
At Hungry Howie’s, our core focus is to provide people the opportunity to enrich their lives and community. This means so much more than making sure we offer great products at a fair value. We think our franchisees should be part of the communities they serve and help make a difference. Whether it is a nationally recognized charity or the elementary school down the street, our franchisees give back. Since 2009, Hungry Howie’s has supported the National Breast Cancer Foundation® through our Love, Hope & Pizza campaign. Together we’ve raised over $2.5 million for this deserving cause.
How long does the franchisee support staff stay on site?
Franchisees receive on-site assistance for up to two weeks during the grand opening period. The marketing support staff is also available to assist with grand opening advertising campaigns.
Does Hungry Howie's have support?
New franchisees receive extensive support to get up and running successfully. But we don’t stop there. All Hungry Howie’s franchisees receive easy access to ongoing support. Here are some of the key areas where we provide assistance:
Who is Dan from Hungry Howie?
Dan began working with Hungry Howie's in 1997 as the primary consultant for Hungry Howie’s first consumer website. In 1999, he offically became part of the Hungry Howie's team in the role of Network Administrator. In 2006, he expanded use of technology in the brand and the growth of the department in the role of IT Manager. Dan was named Director of IT in 2011, using his 30 years of experience in technology and over 20 plus years in the pizza industry to build solutions for the brand.
Who is Jennifer from Hungry Howie's Pizza?
Jennifer has been involved with Hungry Howie’s Pizza since age 10 and officially started as a Hungry Howie’s employee in 1998 as Fundraising Coordinator. In 2000, she was promoted to Director of Marketing and in 2005, Jennifer was named Director of Marketing & Franchise Development. After taking a brief hiatus to work in various other marketing and franchise positions, Jennifer returned to Hungry Howie’s in 2012 as Director of Franchise Development. Jennifer restructured the department and qualification process. In 2015, she was named Vice President of Development.
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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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.
Where is Hungry Howie's pizza?
In 1976, he approached Hearn about becoming partners and opening a second Hungry Howie's location in Southgate, Michigan. The partners awarded their first Hungry Howie's franchise in Auburn Hills, Michigan, in 1983. The company offers Flavored Crust pizzas in eight varieties, oven-baked calzones, chicken wings, bread and salads.
What does a successful franchise exec do?
Successful franchise execs do more than run the home office. They support an entire network of franchisees-and above all, that requires empathy. Here's how to seek out that skill set.
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.
Who we are
Hungry Howie’s Pizza & Subs is a chain of pizza restaurants. It boasts eight flavored crusts, including butter, butter cheese, onion, ranch, and garlic herb. The crusts are created from dough made fresh every day in each restaurant’s kitchen. Other menu items include salads, buffalo wings, oven-baked subs, bread, pizza rolls and giant cookies.
Why choose Hungry Howie's?
The numbers explain part of why Hungry Howie’s is a good choice. For example, the chain has been successful in the competitive pizza industry for decades, it has experienced eight consecutive years of same-store sales growth, and it uses flavored crusts to differentiate itself from rivals.
Who we're looking for
Hungry Howie’s emphasizes values such as integrity, community involvement, education, growth and positive energy.