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How many square feet are there in a Donatos pizza restaurant?
A typical Donatos Pizza Restaurant’s premises range from 1,400 to 2,500 square feet and are located in-line within a commercial strip center. This range represents the estimated initial investment for a typical Donatos Pizza Restaurant of 2,000 square feet which accommodates 25 to 35 seats, although you may choose to build a stand-alone restaurant at an acceptable site or a restaurant with more or fewer seats. Unless the franchisor specifies otherwise, each Donatos Pizza Restaurant must have a pick-up window.
How much does a restaurant computer system cost?
The franchisor sells the Computer System components to you at cost without a mark-up, and such components cost between $6,000 and $8,000, depending upon the size of the Restaurant.
How long does it take to open a restaurant?
You are required to execute a grand opening marketing program for the Restaurant in accordance with the Operating Standards for the grand opening of your Restaurant (the “Grand Opening Marketing Program”). The Grand Opening Program is approximately 15 weeks in duration, spanning 2 to 4 weeks before the Restaurant opens and 12 to 13 weeks after the grand opening of the Restaurant.
Section I – Background Information
1. In mid-May 2021, Donatos Pizza announced it had a system-wide goal to hire at least 2,500 new associates ranging from delivery drivers and hourly associates to managers. To achieve this goal, Donatos began holding “Dinnerviews” on Wednesdays from 2-5 p.m. in all of its local restaurants starting on May 19.
Section II – Estimated Costs
Detailed estimates of Donatos Pizza franchise costs, based on Item 7 of the company’s 2021 FDD.
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
Detailed information on Donatos Pizza’s initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2021 FDD.
Section V – Financial Performance Representations (Item 19, 2021 FDD) and Analysis
As of December 28, 2020 (the end of Donatos’ 2020 fiscal year), there were 167 Donatos Pizza Restaurants open and operating.
Who owns Donatos Pizza?
With $1,300, Ohio State University sophomore Jim Grote bought a small pizzeria in Columbus, Ohio, in 1963 and named it Donatos Pizza. He began franchising the concept in 1991. In 1999, McDonald's purchased Donatos, but the Grote family bought it back in 2003. The company continues to franchise throughout the Midwest, South and Southeast, with franchised locations serving pizza, subs, salads and desserts.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
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.
When was Donatos founded?
Donatos was founded in 1963 and we opened our first franchise location in 1991.
What does the fee for a training center cover?
The fee covers your training, plans for building out your location, access to our systems, technology, operational support and more.
