How much does a MOD Pizza franchise cost?
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners. How much does Mod Pizza franchise cost? Mod Pizza has a franchise fee of up to $30,000, with a total initial investment range of $714,000 to $985,000.
How much does it cost to start a pizza franchise?
Pizza Hut: $295,000-$422,000
- Minimum net worth: $700,000
- Minimum liquid assets: $350,000
- Initial franchise fee: $25,000
- Royalties: 6% of gross monthly sales
- National advertising: 2.5-3% of gross monthly sales
What is the price of MOD Pizza?
This made MOD Pizza a real home to its clients. MOD Pizza prices are below $11.00, and this made people appreciate MOD Pizza even more. MOD Pizza Coupon Promo codes can be used at any outlet. You can save around $5 using three coupon codes and deals and one printable coupon code regarding mod pizza.
How much does it cost to franchise a Pizza Inn?
To buy a franchise with Pizza Inn, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $200,000. Franchisees can expect to make a total investment of $352,000 - $798,000.
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Is MOD Pizza a chain?
MOD has a network of nine multi-unit franchisees who collectively operate 80 MOD locations across the U.S. and Canada. As a people-first, culture-centric brand, MOD is committed to using the business to make a positive impact on its people and the communities they serve.
How many franchise locations does MOD Pizza have?
MOD Pizza is a Seattle, Washington-based fast casual pizza restaurant chain based in the United States. Founded in 2008, MOD has more than 500 locations as of May 2021 in the United States and Canada (one location).
What is the most profitable pizza franchise?
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.
Is MOD Pizza a publicly traded company?
It's the eighth restaurant to announce an IPO this year. Digital revenue soared 275 percent in 2020. MOD Pizza announced plans to go public Monday, becoming the eighth restaurant to do so this year.
Who owns MOD Pizza franchise?
Scott and Ally SvensonMOD Pizza was founded in 2008 by Scott and Ally Svenson. One of the country's fastest-growing restaurant chains is hitting the accelerator.
What does MOD Pizza stand for?
Made On DemandPiping hot pizzas are cooked in just three minutes using an 800° oven and if the customer doesn't like their first creation, they get a do-over free. MOD Pizza (MOD is short for Made On Demand), is the brainchild of Scott and Ally Svenson who were trying to figure out an economical way to feed their four hungry boys.
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 is the largest pizza franchise?
Pizza Hut, Domino's Pizza and Little Caesars are the largest pizza chains in the United States in 2022 based on the number of locations. Pizza Hut has the most number of locations with 6,605 locations across 52 states and territories. Domino's Pizza has 6,571 and Little Caesars has 4,172 locations in the US.
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.
Are blaze and MOD Pizza the same?
The two chains have near-identical concepts: speedy, customizable, freshly made pizzas with grab-and-go sides and beer on tap. So who does it better? Since I'm from Seattle, MOD was my go-to fast-casual pizza first. But I frequently ate at Blaze during my college years in the Midwest.
How many employees does MOD Pizza have?
MOD Pizza has more than 10,000 employees.
Who founded MOD Pizza?
Scott SvensonAlly SvensonMOD Pizza LLC/Founders
How many mod locations are there?
How many Modpizza stores are there in the United States? There are 543 Modpizza stores in the United States as of October 04, 2022. The state with the most number of Modpizza locations in the US is Texas, with 109 stores, which is about 20% of all Modpizza stores in the US.
Did Starbucks buy MOD Pizza?
They sold their company to Starbucks coffee in 1998. Scott remained on as President of the European Starbucks. The couple also founded another restaurant in the UK with an Italian theme. Their hometown was Bellevue, Washington and after they started up Mod Pizza, they moved back to the Pacific Northwest.
Is MOD Pizza expanding?
MOD will begin to reaccelerate its expansion in 2021 with dozens of new locations expected to open, including its 500th store by mid-year. MOD continued to lean into its purpose – to serve people in order to contribute to a world that works for and includes everyone.
Are blaze and MOD Pizza the same?
The two chains have near-identical concepts: speedy, customizable, freshly made pizzas with grab-and-go sides and beer on tap. So who does it better? Since I'm from Seattle, MOD was my go-to fast-casual pizza first. But I frequently ate at Blaze during my college years in the Midwest.
How much does a Mod Pizza franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.
What is mod pizza?
Mod Pizza Restaurants feature “made on demand” artisan pizzas, salads, desserts, beverages, and other menu items in a distinctive atmosphere. MOD Pizza Restaurants also offer a selection of wines and beers to compliment the menu items.
How many franchise locations do they have?
As of the 2021 Franchise Disclosure Document, there are 82 franchised Mod Pizza locations in the USA.
When did they begin franchising?
They began franchising in 2013. The average Pizza franchise began franchising in 2006.
How many states are there for mod pizza?
Based on 2021 FDD data, Mod Pizza has franchise locations in 14 states. The largest region is the Midwest with 31 franchise locations. This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How much does a mod pizza franchise cost?
How much does Mod Pizza franchise cost? Mod Pizza has a franchise fee of up to $30,000, with a total initial investment range of $714,000 to $985,000. Initial Investment: $714,000 - $985,000.
What is a mod pizza?
The concept of Mod Pizza franchise is to take care of their employees, who will take care of customers and the business will take care of itself. It means that owning a Mod Pizza restaurant franchise an entrepreneur will always be supported and guided. The restaurant offers for sale custom-made pizza with salads, sides and beverages.
Who owns MOD pizza?
Seattle based MOD Pizza was founded in 2008 by Scott and Ally Svenson, and was inspired by the couple’s love of Italian street-style pizza, their desire for authentic, affordable and fast dining options for their busy family and the idea that a great company could be built around people.
What is MOD in Washington?
MOD is committed to creating not just a cool place to eat, but an inspired place to work. The company has been recognized as one of the “Top 50 Breakout Brands” by Nation’s Restaurant News, named one of the “Fastest Growing Private Companies in America” by Inc. Magazine, ranked as a “Fastest Growing Private Company” (2013 and 2014) by the Puget Sound Business Journal and named one of “Washington’s Best Work Places” by the Puget Sound Business Journal (2013 and 2014). www.modpizza.com The MOD Difference Video
Who owns MOD Pizza?
MOD Pizza is a pioneer of the fast casual pizza segment, founded in Seattle in 2008 by entrepreneur husband and wife team Scott and Ally Svenson.
What is MOD pizza?
MOD's individual artisan-style pizzas are made on demand, allowing customers to create their own pizzas and salads, using fresh-pressed dough and signature sauces for one price.
Is MOD Pizza accepting new applicants?
While MOD Pizza is not currently accepting new applicants on Franchi sing.com , these other similar opportunities are actively looking for new franchisees.
About Franchise
At MOD, our aim is to make a lasting impact on the lives of our team members and customers. And while we love opening new stores, our real motivation is to be a positive force in the communities we serve. To that end, we own and operate most of our stores.
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Who is the CEO of MOD Pizza?
Mr. Svenson co-founded the MOD Pizza concept in February 2008. In October 2012, Mr. Svenson became the CEO and a Manager of MOD Pizza, the franchise entity, since its formation in July 2013.
How long does it take to open a franchise?
From the moment you allocate your capital to invest in a food franchise, it can take up to a year to open the location and pass the breakeven point. Then, another year or more to reach the average franchise profits.
What is a franchise agreement?
A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model, brand and rights to sell its products and services. The franchisee signs a contract (franchise agreement) with the franchisor to acquire the franchise and generally has a territory granted to operate. What is a Franchise?… More
Does MOD Pizza have franchises?
MOD Pizza does not disclose any information for current or past franchisee operated or company operated stores.
Is MOD Pizza a good company?
MOD Pizza has a good business model and is trying to execute in the fast casual space. Their model also has the added benefit of serving alcohol to improve average ticket sales and reach a broader audience.
Is the MOD Pizza Franchise Profit Worth the Franchise Cost?
To assign a valuation multiple for Marco’s Pizza, we leverage estimates from DealStats, a database of acquired private company transactions sourced from U.S. business brokers and SEC filings. We reviewed the pizza franchise industry’s selling price multiples to determine Marco’s Pizza’s resale value.