Pie Five Pizza Franchise Cost

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2020-2021 have been really successful for pizza franchise businesses in the USA especially for those which offer well-established delivery services. Therefore, if you are looking for a profitable business which will give you a fast return on investment, look no further. Here is a pizza franchises list which includes only proven business concepts. How to choose the right brand for you to join? First of all, align your ambitions with your budget. Pizza franchise costs differ from $1K to 2 mln. Of course, investing substantial funds in a well-known international brand will pay off. But on the other hand, starting one of cheap pizza franchises is not so risky and it can be scalable later. Then, consider what format and related services the business offers. Would you like to run a walk-in pizza restaurant, provide a drive thru or a delivery service, or probably incorporate all the mentioned above? And lastly, review the conditions of a franchisor. The best pizza franchises will provide you with a good support, which will make your work easier and smoother.

Pizza Franchises Hoping To Deliver Millions

The next big slice of the fast-casual restaurant market is expected to come from an Italian American staple: pizza.

The success of the fast-casual trend is best evidenced by Chipotle Mexican Grill, which since September of last year has seen its stock rise more than 55 percent, an upsurge driven primarily by same-store sales growth. At the same time, sales at fast-food behemoth McDonald’s dropped for the third straight quarter, while a recent survey of McDonald’s franchise owners showed the highest level of pessimism in a decade.

Consumers want better food, but they still want it quickly. That’s makes fast-casual pizza a compelling proposition for franchises. Chipotle, Buffalo Wild Wings and Smashburger are among the existing fast-casual chains investing in the pizza concept. Why? The fast-food pizza market is a $32 billion annual industry, according to NPD Group’s food service unit, Crest. And it’s fair to say that in a landscape dominated by Domino’s, Papa John’s, Papa Murphy’s, Little Caesers and Pizza Hut, there is room for food-quality improvement.

“Each year, a new fast-casual segment is being added, and now we are hearing more about fast-casual pizza,” said Bonnie Riggs, NPD Group restaurant industry analyst who has covered the industry for three decades. Fast casual has grown into a $21 billion annual industry, according to NPD Group data for the one-year period ended June 2014.

Nicholas Duva, special to CNBC.com Posted 5 Oct. 2014

Pie Five Fdd Franchise Information Costs And Fees

Type of BusinessThe franchisee is to operate a fast casual Pie FiveĀ®-branded restaurant featuring specialty pizzas prepared in accordance with proprietary recipes and ingredients, and other approved food items.

Corporate InformationPie Five Pizza Company, Inc. is a Texas corporation incorporated on June 16, 2011. Their principal business address is 3551 Plano Parkway, The Colony, Texas 75056. Their parent is Rave Restaurant Group, Inc., a Missouri corporation incorporated on August 26, 2011. In September 2011, they began offering franchises for Pie Five Restaurants.

InvestmentThe total investment necessary to begin operation of a standard Pie Five Restaurant ranges from approximately $392,500 to $585,417. This includes $53,000 to $64,000 that must be paid to the franchisor or their affiliate. Certain Pie Five Restaurants operate, under different terms, in special venues, like airports and universities, that have captive consumer markets. The total investment necessary to begin operation of a Captive Market Restaurant ranges from approximately $442,500 to $891,000. This includes $62,000 to $67,000 that must be paid to the franchisor or their affiliate.

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Ive Chosen My Brand Now What

Once you find the pizza franchise that best fits you and your business goals, contact the franchisor and set up a time to discuss your interest. What questions do you have for them? Connecting with a representative from the brand is a surefire way to get answers that may be more personal and specific to you, your location or your endeavors, answered.

When you choose which franchise you want to open your pizza restaurant, youll then send them an application for them to review. If the leadership team sees that you are a hard worker and good fit for their brand, they will ask you one of the biggest questions

Hungry Howies Pizza And Subs

Pie Five Pizza Co Franchise Cost &  Profit Opportunity Review

Hungry Howies Pizza and Subs claims to be the Home of the Flavored Crust Pizza as it was one of the first pizza chains to create flavored crusts, which it launched back in 1985 with 8 different flavors, which today include butter, butter cheese, Cajun, garlic herb, onion, ranch, sesame, and Asiago cheese. In addition to pizza, the menu at Hungry Howies includes calzone-style subs, chicken wings and tenders, bread, salads, and brownies.

The chain has been a latecomer to digital marketing and has learned some hard lessons along the way, but is finding success now with a fully-integrated marketing plan, supplemented by having the same point-of-sale system in all locations to quickly implement daily specials.

Founded in 1973 and franchising since 1982, the number of locations has held mostly steady in recent years and currently stands at 531 , of which 32 are company-owned and all are located in the US.

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Rapid Growth For Pie Five Pizza Company

Pie Five Pizzas parent company is Pizza Inn Holdings, Inc., founded in 1958and publically traded company on the NASDAQ index. The company originallyproduced pizza in the traditional manner for its restaurants. Then, in 2011,Pie Five Pizza was created, beginning with a single store in the Dallas area.The concept of individual pizzas made fast caught on quickly, with 26locations now covering nine states. In its most recent financial disclosure,the Pie Five Pizza subsidiary saw a 17 percent increase in comparable storesales. Contracts for more than 200 new units in 14 states as well asWashington, D.C. have already been signed.

Does Pie Five Have Wings

Guests at Pie Five can create their own experience from start to finish as our fast-casual concept allows for complete customization. Gluten-free crusts and vegan cheeses are also available at Pie Five to accommodate dietary restrictions. Enjoy tasty chicken wings, fresh tossed salads, or warm cinnamon stix desserts to complete your meal.

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About Pie Five Pizza Co

Dallas-based Pie Five Pizza Co. is a subsidiary of RAVE Restaurant Group, Inc. . RAVE owns, franchises and supplies more than 300 Pie Five and Pizza Inn restaurants operating domestically and internationally. Pie Five Pizza Co. is the leading brand in the rapidly growing fast-casual pizza space, offering individual handcrafted pizzas with fresh ingredients made to order in less than five minutes. Named among Fast Casual’s Top “Movers & Shakers” for three consecutive years, 2015 “Best Franchise Deal” by QSR Magazine, 2012 Hot Concepts winner by Nation’s Restaurant News and one of “10 Hot New Restaurant Chains from Established Brands” by Forbes.com, the company currently has 100 locations in 23 states and the District of Columbia.

Franchise Details:

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  • $76 million is the amount the AMPM has received.
  • 676 million dollars went to the Golden Corral.
  • A Buffalo Wild Wings Grill & Bar located in Buffalo, New York, has a $3.2 million budget.
  • A $2.8 million investment in Culvers.
  • A $2.5 million contract was awarded to KFC Corp.
  • The amount of the purchase was $2.4 million for Dennys Inc.
  • There is a $1.8 million profit for Carls Jr.
  • A $1.6 million contract was signed with Hardees.
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    Pie Five Pizza Opens In Skokie Illinois

    Provided

    Pie Five Pizza has returned to Skokie, Illinois. The new location is owned and operated by local franchisee Marwan Murrar, according to a press release.

    “I could not pass up the opportunity to open another Pie Five restaurant in the Skokie area,” Murrar said in the release. “Pie Five is the perfect spot to grab a craft pizza with house-made dough and a variety of custom toppings made in just five minutes. This new location is for pizza-loving guests who want customizable pizza options without the hassle of a long wait.”

    The Pie Five is located in the popular outdoor Westfield Old Orchard Center and will feature in-store and to-go delivery options with a simplified menu. The restaurant hours are 11 a.m. to 9 p.m. Monday through Saturday, and 11 a.m. to 7 p.m. on Sunday. This is the second location in the state and the 33rd store location systemwide.

    “Our brand takes house-made to a whole new level and offers incredible value to the craft pizza scene,” RAVE Restaurant Group CEO Brandon Solano said in the release. “This is Murrar’s second Pie Five location in addition to Oakbrook Mall, and we are confident that he will continue to serve local guests with excellent service and delicious, personalized pizzas.”

    Specialty Pizza For Those Who Cant Decide

    Those who dont want to make all those decisions can opt for a preselected pizza: Chicken Carbonara, which starts with Alfredo sauce and features grilled chicken and parmesan cheese Athenian, which takes that same grilled chicken and treats it to olive oil with Kalamata olives, feta and more High Five, a classic with Tuscan Marinara sauce, cheddar cheese and a five-meat combo Pesto Chicken Alfredo, which begins with Alfredo sauce, combines grilled chicken, roasted tomatoes and caramelized onions, and ends with a basil drizzle Buffalo Chicken, with grilled chicken, cheddar cheese and banana peppers atop Buffalo Ranch sauce and for vegetarians and tomato lovers alike, the Margherita, which combines olive oil, Roma tomatoes, minced garlic and basil.

    Specialty pizzas are available in certain cities. The Jack Stack BBQ is only and aptly available in Kansas City, while Chicago diners can order the Windy City Works and those in St. Louis can try out the St. Louis Supreme, all featuring ingredients near and dear to those cities.

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    Uncle Maddio’s Pizza Joint

    • Number of franchises: 25
    • Locations: Alabama, Arkansas, Colorado, Florida, Georgia, Kentucky, Nebraska, North Carolina, North Dakota, South Carolina, Tennessee, Texas, Virginia
    • Initial franchise investment cost: $400,000 to $600,000

    Description: Uncle Maddio’s, based in Atlanta, was created by Moe’s Southwest Grill co-founder Matt Andrew. Much like Moe’s, it has a relatively broad menu, offering not just pizzas but paninis and salads as well.

    Slicing up the pizza market: “If someone can’t go down the line, customize the pizza to their preference and get it served to them within 5 to 7 minutes, the restaurant will be behind the eight ball,” Wunderlich’s Derrington said.

    Nobody Knows Pizza Like We Do

    My Pie: Pizza Your Way Franchise Information: 2020 Cost, Fees and Facts ...

    Customers love how our pizzas taste, but our franchisees love how our business model makes dough!

    60 years of pizza experience with Pizza Inn

    5 Airports in development

    Exclusive oven technology = highest throughput in Fast Casual Pizza

    Five distinctive crusts including gluten-free

    Fresh ingredients Interactive Fast Consistent Customizable

    Drive-thru, mobile app ordering and delivery options

    Highly scalable labor and food cost model

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    Pie Five’s Reviews Have Been Less Than Stellar

    As per The Washington Post, the restaurant industry is notoriously ruthless. Fans certainly aren’t willing to hold back if they feel they’ve been cheated out of their hard-earned money. With economic hardships and crippling debt running rampant, consumers are warier than ever when it comes to which restaurants get their money, fast-casual included. These days, it’s common for the would-be consumer to scroll through endless posts, reviews, and comments before landing on a final decision on where they’re going to get their grub. While everything should be taken with a grain of salt, most restaurants still operate under the assumption that the customer is always right.

    Pie Five has experienced its fair share of negative reviews that may have impacted business. One Pie Five location Lexington, Kentucky has a middling 3.5 stars out of a possible 5 on Yelp. Many complain that the restaurant isn’t living up to its promise of fast pizza, with many waiting over 10 minutes for their meal. Pie Five’s Independence, MO location is also not immune to bad reviews. Customers have frequently called out the shop for its stingy toppings, dry crust, and lack of cohesive management. While regulars are essential to a booming restaurant business, for the consumer, consistency is key. These mishaps may prevent a future visit from the once loyal customer. According to Restaurant Engine, a whopping 70 percent of customers don’t return because of failings like those at Pie Five locations.

    The Pie Five Concept:

    • Pie Five is leading innovation in the rapidly growing fast-casual pizza space
    • We dont create pizza for the masses our pies are all about the individual each customer can create their own fresh, customizable pizza at one affordable price
    • Pie Five has a state-of-the-art, custom designed pizza oven that cooks our pizzas in just 145 seconds which allows our customers to get unlimited topping choices, a variety of crusts, and a delicious pizza in less than 5 minutes
    • Its a unique and innovative concept that allows you to satisfy your pizza craving free of compromises, while also having true control over the entire pizza experience without having to share!
    • We know many pizza lovers have to adhere to dietary restrictions, so Pie Five has a variety of gluten-free, calorie-conscious, vegan and vegetarian options to fit every diet and lifestyle

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    Where Do I Start

    According to a state of the industry report done by PMQ, pizzerias are thriving internationally, with a predicted growth rate of 10.7% within the next five years. Data from the Economic Research Service also shows the vast majority of adults reported that, in the last 12 months, they bought food from a fast-food or pizza place. This tells you that youre already in a market that is going to increase, so your next big move would be choosing a pizza franchise brand that embodies your same passion, mission and business mindset.

    New Rosatis Pizza To Fill Former Pie Five Pizza Location In Mishawaka

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    Another pizza restaurant will fill the former Pie Five Pizza location in Mishawaka by this fall.

    Franchise owner Carl Dissette, who also owned Pie Five before closing eight of his stores last June because of unforeseen circumstances with the Pie 5 brand, has decided to open Chicago pizza chain Rosatis Pizza at the 5111 N. Main St. location next to Potbelly Sandwich Shop.

    According to the Rosatis Pizza website, the business offers various pizza sizes, with four different dough choices including a gluten-free option and a Chicago deep-dish style. The business also offers appetizers, salads and wings, and four beer selections will also be available.

    Dissette said the new restaurant will be counter service, with 70 seats available for dine-in customers. Carryout and delivery will be available as well. Unlike Pie Five, Rosatis is not a personal pizza business, but instead focuses on real pizza.

    The difference is that you bake a Pie Five pizza in a convection-type pizza oven and that costs about $6,000. To cook a Rosati pizza, the oven cost is approximately $85,000, Dissette said. That just shows that this is real pizza.

    Dissette hopes to open the new restaurant by August and also mentioned plans to open locations in South Bend and Elkhart in the future.

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