Among the latest: Most recently, Marco’s Pizza was ranked No. 4 in Forbes “Best Franchises to Buy” 2019 Study/Medium Investment, and No. 39 on Entrepreneur’s 2019 Franchise 500 ranking. How much does a pizza franchise owner make? This averages out to just over $600,000 in total revenue per each franchise location.
How much money do Marco’s Pizza owners make? In 2020, the top 50% of Marco’s franchised stores generated average sales of $1,059,571*. You can find a more detailed breakdown of financial results in our Business Model eBook or in our Franchise Disclosure Document.
The income with Marco’s Pizza franchise is not more than $100,000 in a year, even for only a few top locations that have been known for some time. The new franchise owner may find it challenging to earn a decent profit in the first few years. #4 Competitive And High Risks QSR Industry:
How much does it cost to buy a Marco’s pizza franchise?
To buy a franchise with Marco’s Pizza, you’ll need to have at least $125,000 in liquid capital and a minimum net worth of $400,000. Franchisees can expect to make a total investment of $293,515 – $619,710. They also offer financing via 3rd party. * What does Liquid Capital mean? What is Net Worth? What does Total Investment mean?
Who is the owner of Marco’s pizza?
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.
How much does the average pizza franchise owner make?
However, it is said that the average franchise owner makes less than $40,000 a year. Little Caeser’s Pizza brings in a lot of money with their notorious, “Pizza Pizza” if you would like to join, you can follow the application process on their website. 10. Pizza Hut Pizza Hut was founded in 1958 and started franchising in 1959.
How much does it cost to own a Domino’s franchise?
The royalty fee is 5.5% of gross sales, with an additional 1%-4% for advertising efforts. Franchisees should have at least $75,000 in liquid cash available and must have a net worth of at least $250,000. How much does a Domino’s Pizza franchise owner make?
What is the most profitable pizza franchise?
With sales worth approximately 8.29 billion U.S. dollars, Domino’s Pizza was the leading pizza restaurant chain in the United States in 2020. Pizza Hut and Little Caesars were ranked second and third, respectively. Since 2017, Domino’s Pizza has been the leading pizza chain in the U.S. in terms of sales.
What company owns Marco’s pizza?
Marco’s Pizza, operated by Marco’s Franchising, LLC, is an American restaurant chain and interstate franchise based in Toledo, Ohio, that specializes in Italian-American cuisine.
Marco’s Pizza.
| Marco’s Pizza, Van Buren Township, Michigan | |
|---|---|
| Owner | Jack Butorac |
| Number of employees | 20,000 (2021) |
| Website | marcos.com |
Which pizza franchise is the best?
Top Pizza Franchises
- Pizza Hut. Pizza Hut operates the most pizza franchises in terms of locations.
- Domino’s. Domino’s puts a unique twist on its franchise for pizza with a focus on customer convenience.
- Papa John’s.
- Little Caesars.
- Marco’s Pizza.
- Sam & Louie’s.
- MOD Pizza.
- RedBrick Pizza.
Which pizza franchise is the cheapest?
Here are some of the most affordable pizza franchises based on franchise fees charged to franchisees.
Is 800 degrees pizza a good investment?
The two sides estimate that an 800 Degrees Go ecosystem (one kitchen and five pods) could cut labor costs in half compared to a traditional pizzeria, slice real estate costs by three points, and improve profit margin by 23 points.
Is Pizza Pizza a good franchise to own?
Pizza Pizza offers you the best opportunity to be your own boss. We have over 750 locations across Canada, operated by professionals who share the same core values that have made Pizza Pizza one of the most successful pizza Franchises in the country. #10 in Canada’s Top franchises.
How many Marco’s pizza locations are there 2020?
About Marco’s Pizza
The company has grown from its roots as a beloved Ohio brand to operate over 1,000 stores in 34 states with locations in Puerto Rico and the Bahamas. Most recently, Marco’s Pizza was ranked No. 2 in the Pizza category on Entrepreneur Magazine’s 2020 “Franchise 500” ranking, and No.
How many Marco’s pizza locations are there in the US?
What was one store in the Toledo area is now over 1,000 stores across 34 states with locations in Puerto Rico and the Bahamas. Today, we are one of the fastest-growing pizza companies in America.
Is Marco’s pizza better than Domino’s?
Domino’s Pizza has a negative social sentiment, when analyzing social media channels and online mentions. Their current market cap is $14.27B. Marco’s Pizza’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Marco’s Pizza.
Domino’s Pizza vs Marco’s Pizza.
| 33% | Promoters |
|---|---|
| 14% | Passive |
| 53% | Detractors |
Is a pizza business profitable?
As far as we know, a profit margin of this size is considered the industry standard. This means that with around 1m in annual sales, you can expect to make $150K in pre-tax profit.
Is a pizza business a good investment?
Pizza Franchises are a Low-Risk Investment
Franchises all-around have a high success rate, making them a much lower risk than starting a small business.
How much do Blaze Pizza owners make?
How much do Blaze Pizza franchise owners make? The average gross sales of all franchised Blaze Pizza restaurants between 2019 and 2020 was $1,103,681. The 2020 median gross sales were $1,183,590 and the 2019 median gross sales were $921,602.
How much does a Papa John’s owner make?
A report from Franchise.com estimates that Papa John’s franchise operators are making around $67,000 a year. This number is debatable, but we’ll address that in a minute. According to The Street, an annual salary of $67,000 is still considerably above the median wage for U.S. citizens.
How much money does a Domino’s owner make?
While how much Domino’s franchise owners make definitely varies from location to location, Glassdoor reports an annual salary range between $107,000 to $116,000 can be expected. In addition to a very comfortable salary, franchise owners get great benefits, like a 401k and insurance.
How much do Papa Murphy’s franchise owners make?
Papa Murphy’s states that net sales in 2017 averaged a little under $600,000 per location, but the range from high to low is wide. The top third of franchises averaged almost $2 million, while the bottom third averaged slightly less than $450,000 – about a quarter of the net sales of the highest performing stores.
How much does the average marco pizza franchise owner make?
What is the typical income of a Marco Pizza franchise owner in the United States?How much money do the proprietors of Marco’s Pizza make?In 2020, the top 50% of Marco’s franchised restaurants produced average revenues of $1,059,571*, according to the company.You may discover a more complete analysis of financial outcomes in our Business Model eBook or in our Franchise Disclosure Document, which you can download for free.Is the Marco’s Pizza franchise a lucrative enterprise?
- According to the preceding statement, Marco’s Pizza’s net income in 2019 is 5.9 million, and in 2020 it is 8.7 million, demonstrating that the firm is profitable and that its earnings are growing year after year.
- Aside from that, the franchise had cash on hand of $3.8 million in 2019 and then $9.7 million in 2020.
- Is it a smart idea to invest in Marco’s Pizza?
- Recently, Marco’s Pizza was rated No.
- 4 in Forbes’ ″Best Franchises to Buy″ 2019 Study/Medium Investment and No.
39 on Entrepreneur’s 2019 Franchise 500 rankings, among other accolades.What does a pizza franchise owner make on a monthly basis?This equates to an average of little more than $600,000 in total income per franchise location.
This appears to be something that a large number of people would be interested in.Nevertheless, it is estimated that the average franchise owner earns less than $40,000 per year.
How much does the average marco pizza franchise owner make? – Related Questions
How much is a coverall franchise?
How Much Does a Coverall Franchise Expense? To purchase a Coverall franchise, you’ll need to have at least $20,000 in liquid money available to you. Coverall charges a franchise fee ranging from $9,120 to $30,643 per location.
What does riding a unicorn mean?
It denotes a lovely individual. Instead of farting intestinal gas, which many people find unpleasant, he or she farts butterflies, which many people find to be really delightful. Instead of taking the usual route to work, this individual chooses to ride a unicorn.
What does unicorn mean in tinder?
When you see a unicorn emoji on someone’s profile, it indicates that they are willing to be the third member of a pair. As for the phrase ″searching for a unicorn,″ it refers to someone who is currently in a relationship and is looking for that wonderful individual to join them and their spouse.
How do you make a unicorn fingerling fart?
To make it fart, simply rest your palm on the top of its head for a couple of seconds, and it should give out a little burp. You may even turn the toy upside down and cup its head again to get it to burp. Easy-peasy.
Where does the unicorn spawn garden paws?
Location. The Unicorn spawns in the Outer Islands, however there is no precise spot where it happens to happen to spawn. Every time, the outcome is unpredictable.
Who made the last unicorn movie?
It was directed and produced by Arthur Rankin Jr. and Jules Bass, and it was based on the 1968 novel The Last Unicorn by Peter S. Beagle, who also created the screenplay for the film as well as the film’s script. For ITC Entertainment, it was created by Rankin/Bass Productions, and the animation was done by Topcraft.
What flavor is the unicorn snack pack?
As soon as you open the package, you can smell how delicious these are! The unicorn tastes are pink and blue cotton candy flavors, but they have a creamy consistency. Apple green and cherry red are the colors of the dragons. I really adore both of these tastes!
What is true unicorn root?
True unicorn root (Aletris farinosa L.) is a perennial herb that is endemic to eastern North America and grows at a low height.The actual unicorn root plant, which may be found in old growth woods, is today considered to be endangered owing to the degradation of its natural environment.This subterranean stem is professionally processed into dried bits after it has been exposed to the elements.
Why you should date a unicorn?
Why do couples go on quests in search of unicorns? Unicorns are frequently sought after by couples seeking to spice up their sexual interactions. It is possible for a couple to want for their unicorn to be both sexually and romantically exclusive, which means that the unicorn will not be dating or becoming sexually connected with anyone else save the couple.
How to add expansions to unstable unicorns?
What is the best way to include expansions into the main game? You just mix all of the cards from the expansion into your existing base game deck, and then continue with the game as usual. While it might be fun to build a Super Deck, we recommend just playing with one expansion pack at a time. Creating a Super Deck can also lengthen the game’s duration.
What does zoomer unicorn do?
Instruct Zoomer Enchanted Unicorn to sing, dance, and trot out a figure eight on her own; she is an interactive toy that moves on her own! Increase the level of excitement as you give this amazing unicorn her sugar cube!. She may grow agitated and do her signature sugar dance!
Where did the unicorn originate from?
The unicorn was shown in early Mesopotamian artworks, and it was also mentioned in ancient Indian and Chinese mythology. The historian Ctesias (c. 400 BCE) wrote the oldest known account in Greek literature of a single-horned (Greek monokeris, Latin unicornis) animal, which was a unicorn.
Why honda unicorn 160 failed?
Honda said it intends to make its whole fleet BS6 compliant in the near future, and the new Activa 125 was the company’s first scooter to achieve this status. While the corporation is preparing to fill the backlog, the CB Unicorn 160 has been passed over owing to low demand and sales figures.
What does it mean when someone is called a unicorn?
Uncanny and difficult to capture, or just a very unusual find, a unicorn is a legendary creature that is difficult to come across. When used to describe someone who is extremely gorgeous (a 7.9 on the scale), but who is not at all batshit insane, who is outstanding at sex, and who has an excellent personality..
What does a unicorn mean in swingers?
When a pair comes across someone they find beautiful, who is also authentically bisexual and appreciates the lifestyle, they are said to have discovered the legendary unicorn of love. …
What does sacrifice mean in unstable unicorns?
This word is used to refer to cards such as Unicorn, Upgrade, and Downgrade. Players, not cards, are the intended targets of a sacrifice effect. When a player is targeted, he or she picks which card they will be forced to surrender.
Are rhinos a unicorn?
Breaking News: Scientists have discovered that rhinos and unicorns share a similar ancestor. Although it has long been a mystery as to where rhinos came from, experts from the University of Unicota have now determined that they are descended from unicorns, which was previously thought to be a mystery.
How to passive tame unicorns in ark?
Mounting the Unicorn as soon as possible after the first feeding is essential for taming this wild animal. Each time you’re requested to feed again, press the action button on your keyboard. Griffin Kibble is the sole option available in ARK: Mobile. Players on mobile devices should keep in mind that their Dododex taming multiplier should be set to 0.875x for ARK Mobile.
Who is the masked unicorn?
Jake Shears, a member of the Scissor Sisters, was ultimately revealed to be the Unicorn during episode six. Shears is no stranger to having his name in the spotlight, having previously been on the show as a member of the Scissor Sisters.
How to view unicorn meteor shower comets?
This indicates that watchers should look to the east in order to see the greatest number of meteors. Over the course of the year, the finest views will be obtained from dark locations away from city lights in Western Europe and Eastern North America, South America, and Northwest Africa.
What flavor unicorn frappuccino?
As a result, the Unicorn Frappuccino is a terrible choice if you’re seeking to get your caffeine fix first thing in the morning. Because it’s essentially a sweet and sour blue raspberry milkshake, it’s ideally served as a mid-afternoon or evening dessert rather than an afternoon snack. And if you’re searching for something to post on Instagram, you really couldn’t do much worse.
What Does a Marco’s Pizza Franchise Franchise Cost?
To be eligible to purchase a franchise with Marco’s Pizza Franchise, you must have at least $125,000 in cash capital and a net worth of at least $400,000.Franchisees may anticipate to make a total investment ranging from $293,515 to $619,710 in their business.They also provide financing through a third party, as well as a discount for veterans ($3,000 off the first FF, $100 monthly invoice credit, and finance assistance).
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | $3,000 off initial FF,$100 mthly invoice credit, Financing asst |
Franchisor Details
Facts about this aFranchise:
| Total Units: | 883 |
|---|---|
| Home Office: | Toledo, OH |
| Year Founded: | 1978 |
| Franchising Since: | 1978 |
About Marco’s
Marco’s Pizza is unusual among the major five pizza franchises in that it is the only one that was founded by a genuine Italian immigrant.We take great care to utilize only the freshest ingredients on our pizzas, and we work extremely hard to get your pizza delivered to your door in less than half an hour, on average.Marco’s has been a Midwest institution since it was founded in 1978 by Italian immigrant Pasquale ″Pat″ Giammarco in Toledo, Ohio.When current CEO Jack Butorac took over the company in 2004, he established a goal of becoming the world’s largest genuine pizza chain.The brand’s 1,000th site is expected to debut in early 2020, only one year after the company celebrated its 40th anniversary, making it one of the nation’s fastest-growing pizza businesses.The 1,000th location will be the brand’s 1,000th location overall.
A total of 17 additional stores will open by the end of 2019, bringing the brand’s total number of outlets in Puerto Rico to 34, more than tripling its previous total.Marco’s will continue to expand its worldwide reach, searching for partners in countries such as Costa Rica, Jamaica, Mexico, Puerto Rico, and the Cayman Islands, among other places.Marco’s is winning over the hearts of pizza enthusiasts all around the world with its uncompromising commitment to high-quality ingredients.Customers don’t compromise on quality in their kitchens, and we don’t compromise on quality in ours either.In other words, if it isn’t something you would serve to your own mother, it isn’t something we would give to our consumers.
What Makes Marco’s Different?
Started by a native Italian, Marco’s Pizza is the only large national pizza restaurant founded by an Italian-American.Pat Giammarco, the company’s founder, established a niche in the pizza industry by providing authentic Italian quality pizza.The company is known for its fresh dough made on-site every day, proprietary cheese bland that is never frozen, and a secret original pizza sauce recipe developed by Giammarco.
Why Do Customers Love Marco’s?
Marco’s prides itself on product, service and image. Our teams make every pizza by hand every day. It’s not a bargain pick-up pizza, but it’s definitely an affordable family meal. Customers love the handmade crust, the flavorful sauce, the quality meats, cheeses and toppings that go on every pizza. They also love our delicious subs, salads, CheezyBread and Cinna Sqaures.
Award-Winning Franchise
- Yes, now that you mention it, we have received recognition and prizes for our great performance in business. Marco’s Pizza was recently placed No. 4 in Forbes’ ″Best Franchises to Buy″ 2019 Study/Medium Investment, and No. 39 on Entrepreneur’s 2019 Franchise 500 rating, to name a few recent examples.
- Additionally, the company has received recognition for being ranked No. 2 on Entrepreneur’s 2018 Top 200 Food and Restaurant Franchises list in the pizza area, and No. 8 on the Military Times Best: Franchises 2018 list.
- No. 8 on the Franchise Times Fast & Serious list, which evaluates franchise companies that demonstrate strong staying power and sustainable growth over a three-year period
- No. 5 in the Forbes ″Best Franchises to Buy″ 2018 Study/Medium Investment
- No. 25 on Entrepreneur’s 2018 Franchise 500 ranking
- No. 2 on Entrepreneur’s 2018 Top 200 Food and Restaurant Franchises in the pizza segment
- No. 8 on Military Times Best: Franchises 2018 list
- No. 5 in Forbes ″Best Franchises to Buy″ 2018
Awards
Marco’s Pizza Franchise has received the following awards and acknowledgements:
Franchise Gator Top 100 (2017, 2018, 2019); Harris Poll EquiTrend Study: Most Loved & Most Trusted Pizza Brand (2019); Franchise Gator Top 100 (2017, 2018, 2019); Franchise Gator Top 100 (2017, 2018, 2019); Franchise Gator Top 100 (2017, 2018, 2019);
Availability
Marco’s Pizza Franchise is currently accepting inquiries from the following states:
AK, AL, AR, CA, CO, CT, District Of Columbia, DE, FL, GA, Hawai’i, Iowa, Idaho, Illinois, Indiana, Kansas, KY, LA, MA, MD, ME, MI, MN MO, MS, MT, ND, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, SD TN, UTah Interested parties should have a minimum of $125,000 in liquid funds available to invest.It is possible that this material has changed since it was initially published.Always double-check fees, investment amounts, and offers with the business opportunity directly before deciding whether or not to proceed with the investment.This website makes use of cookies.By continuing to explore the site, you acknowledge and consent to the use of cookies on our site.For more information about cookies, please see our cookies section.
We are requesting your phone number so that the firms from which you have requested further information can contact you by phone or text to discuss their offer with you further.Our policy is that we do not disclose your phone number with anybody other than the businesses that you have expressed an interest in knowing more about.
Here Are The 11 Best Pizza Franchises To Own
The finest pizza franchises provide their owners with lucrative returns as well as amazing brand power, which they can use to their advantage.Thinking about becoming a franchisee in the pizza market but unclear of which firms you should consider franchising your business with?We have selected firms that are well-known and provide the opportunity for the franchisee to start from the ground up.If you want to own a piece of the $46 billion pizza market, these are the 11 finest pizza franchises to own: For those of you who have landed here and have no prior knowledge of how franchisees operate, we conducted research for you here: What is the procedure for operating a franchise?
Table of Contents
- 1. Blaze Pizza
- Franchise Fee: $30,000
- 2. Jet’s Pizza
- Franchise Fee: $20,000
- 3. Cici’s Pizza
- Franchise Fee: $30,000
- 4. MOD Pizza
- Franchise Fee: $30,000
- 5. Hungry Howie’s Pizza
- Franchise Fee: $25,000
- 6. Marco’s Pizza
- Franchise Fee: $25,000
- 7. Papa Murphy’s
- Franchise Fee: $25,000
- 8. Papa John’s
- Franchise Fee: $25,000
- 9. Little Caesars
- Franchise Fee: $15,000-$20,000
- 10. Pizza Hut
- Franchise Fee: $25,000
- 11. Domino’s Pizza
- Franchise Fee: $25,000
1. Blaze Pizza
Blaze Pizza is a fast-casual eating restaurant brand founded in Pasadena, California, that serves pizza and other fast-food items.The number of outlets has risen significantly since the company was founded in 2012 and has expanded to more than 300 eateries in 42 states and five countries since that time.It was the first of the new fast-casual pizza chains to reach 50 stores at the end of 2014, and it went on to become the first to reach 100 locations and generate $100 million in sales in the following year.
Franchise Fee: $30,000
Blaze Pizza is rapidly expanding, and now is an excellent opportunity to establish your own franchise.It costs $30,000 to start a franchise for one restaurant ($20,000 to start a franchise for one restaurant if you manage a certified training shop).Continued royalties are paid at a rate of 5 percent of gross sales, with advertising fees at a rate of 2 percent of total sales.When you become a Blaze Pizza franchisee, you will have access to the Blaze Pizza brand as well as recipes and processes, vendors, training, store design and trade dress, a website, social media, online ordering, gift card program, and other benefits.What’s more, you’ll have the opportunity to be a part of a vibrant company that is devoted to offering handmade pizza in a completely different way.
How much does a Blaze Pizza franchise owner make?
Blaze Pizza is a major contender when it comes to starting a pizza franchise, as seen by the average Blaze franchise’s $930,000 in revenue last year.The final step towards starting your Blaze Pizza is to send them a message through their website if you are able to overcome the supposed ″moody management.″ Blaze Pizza is ranked first on our list of the greatest pizza franchises to buy because to its rapid development and high average annual income per unit.
2. Jet’s Pizza
Jet’s Pizza, which was founded in 1978 and has been franchising since 1990, has long been a staple in Michigan, despite the fact that the firm’s presence in 20 other states has resulted in more people uttering the corporate motto, ″Let’s get Jet’s!″ Brother Eugene and John Jetts started the firm after they realized that they wanted to introduce Detroit-style pizza (square deep-dish) to Sterling Heights, which was located farther north of the city.The state of Michigan is home to about half of the chain’s outlets.There are now 388 sites, 37 of which are owned by the corporation and all of which are situated in the United States of America.
Franchise Fee: $20,000
With an anticipated total beginning cost of $365,000 to $425,000, the Jet’s Pizza franchise charge is a reasonable $20,000, and the franchise fee is a reasonable $20,000. The term of the agreement is 10 years, with a renewal charge of $2,000 if the agreement is renewed. The corporation receives a royalty fee of 8-10 percent of gross monthly earnings, which is paid to them.
How much does a Jet’s Pizza franchise owner make?
Jet’s is a modest firm with only a couple hundred franchise sites in the United States, and the company is exclusively available in that country.Last year, the typical franchise generated total revenue of $1.34 million dollars.Because Jet’s has a lower franchise cost and an average revenue of $1.34 million, Jet’s pizza is a high-return alternative for those who are considering opening a franchise in the food industry.To begin, go to the Jet’s Pizza website and follow the on-screen instructions.
3. Cici’s Pizza
A pizza-centric American buffet restaurant franchise established in Irving, Texas, Cici’s Pizza is known for its pizza selection. The firm was established in 1985 and began franchising operations in 1987. In 32 states, there are more than 450 franchised and corporately owned restaurants to choose from.
Franchise Fee: $30,000
The Cici’s Pizza franchise fee is $30,000 (and $25,00 for each additional store), with the total first investment ranging from $446,000 to $715,000.The total initial investment varies from $446,000 to $715,000.4-6 percent of net sales (depending on the degree of profitability of the shop) must be set aside by franchisees for the payment of an ongoing royalty fee each month.They are also required to give 3 percent of sales to advertising initiatives, a percentage that may be increased at the discretion of CiCi’s Pizza at any time.Owners of a CiCi’s Pizza franchise should have a credit score of at least 720, liquid assets in excess of $250,000, and a net worth that is at least three times the amount of their liquid assets.
How much does a Jet’s Pizza franchise owner make?
When it comes to starting a franchise, Cici’s Pizza may appear to be an excellent choice.Obtaining accurate data and supporting information on Cici’s and the amount of money they make can be difficult, and the information that is available might be deceptive.Having said that, it is estimated that the average Cici’s franchise generates $780,000 in annual income.This lower revenue not only comes with a larger initial investment, but it also has a limited amount of information that is publicly available.If you decide to start a Cici’s, you can do so by completing the form on the ″Join the Family″ part of the Cici’s website.
4. MOD Pizza
When Scott and Ally Svenson opened MOD Pizza in Seattle, Washington, in 2008, they described it as a ″purpose-led″ enterprise with an emphasis on paying employees decent wages.MOD Pizza employs people with a variety of histories including imprisonment, substance addiction, and mental health difficulties.MOD Pizza is well-known for its artisan pizzas, which are baked in 3-minute bursts in 800-degree ovens, according to the company.Across recent years, the number of sites has increased significantly, reaching a current total of 433 locations in 28 states and the United Kingdom.
Franchise Fee: $30,000
Given the tremendous expansion of MOD Pizza, now is an excellent moment to consider opening a franchise.The initial franchise price for each restaurant can be as high as $30,000 per establishment.Permanent royalties are calculated at 5% of gross sales, with the advertising charge calculated at 3% of total sales on a yearly basis.MOD Pizza franchisees get access to a variety of resources, including recipes, training, vendors, social media, a website, a gift card program, online ordering, and much more.
How much does a MOD Pizza franchise owner make?
MOD Pizza is the greatest choice if you are planning to launch a franchise and want to be a part of the company’s development.MOD is well-known for its internal relationships, which extend all the way from top management to store personnel.MOD Pizza has an annual income of around $600,000 on average.Is it worth it to have a strong community within the firm if the numbers are lower?If this is the case, you can apply for a franchise through the MOD’s website.
5. Hungry Howie’s Pizza
Hungry Howie’s Pizza has been in business since 1973, and it has been franchising since 1982.Because it was one of the first pizza companies to introduce flavored crusts, Hungry Howie’s claims to be the ″Home of the Flavored Crust Pizza.″ The company released its first flavored crusts in 1985, offering eight various tastes.The number of sites has been relatively stable in recent years, and it presently stands at 551, with 30 of them being company-owned and all of them being in the United States of America.
Franchise Fee: $25,000
If you’re a veteran, you might want to think about becoming the owner of a Hungry Howie’s restaurant franchise.Veterans who qualify for a 50 percent discount at Hungry Howie’s can take advantage of this offer as a thank you for their service.The standard franchise cost is $25,000 per year.The royalty charge is 5.5 percent of gross sales on an ongoing basis.You will be required to contribute an extra 6% of your gross sales to cover marketing and advertising costs associated with your franchise.You designate 1 percent of your gross sales for national marketing and 5 percent for local marketing from your total sales.
An additional one percent of your budget is recommended for neighborhood marketing efforts.
How much does a Hungry Howie’s Pizza franchise owner make?
If you know what you’re talking about at this firm, go ahead and give them your money; if you don’t, Howies may not be the best fit for you.Trying to obtain current or reliable information on Howie’s Pizza and their stats might be challenging at times.It is also possible to find stats and statistics from the Hungry Howies website for the years 2014 and 2015.According to my understanding, the average Hungry Howies generates around $500,000 in income each year.In this case, the likelihood of getting reliable information on the firm is quite low, which is especially true…………………………….If you want to start a Hungry Howie’s of your own, you may get the necessary information on their website.
6. Marco’s Pizza
According to the results of a recent Harris Poll EquiTrend study of more than 77,000 individuals, Marco’s Pizza was voted ″Pizza Chain of the Year.″ Marcos was established in 1978 and has been in the franchising business since 1979.Pat Giammarco, an Italian immigrant who came to the United States as a child, created Domino’s Pizza, which is the only major American pizza franchise to be founded by a native Italian.
Franchise Fee: $25,000
The franchise price for Marco’s Pizza is $25,000, with a potential discount of $10,000 – $25,000 for veterans or those with service-related impairments who sign up for the business.The entire amount of the original investment is between $383,780 and $528,330 dollars.In order to maintain their franchise, franchisees must set aside 5.5 percent of their net sales as an ongoing royalty charge.They are also required to give 1.5 percent of their sales to marketing activities.
How much does a Marco’s Pizza franchise owner make?
Obviously, when we get closer to the more well-known firms, you will see a difference in these figures. Marco’s generates about $400 million in total income per year, however because the firm has 800 locations, this equates to less than $500,000 in revenue per franchisee. Interested in becoming a Marco’s franchisee? Go to their website and fill out the application form there.
7. Papa Murphy’s
Papa Murphy’s has more than 1500 franchise locations, having been founded in 1985 and franchising since 1986.According to the company, it is the only national-scale pizza business that entirely focuses on ″take and bake″ pizzas, which are constructed in the store and baked by customers at their homes.Papa Murphy’s places a strong emphasis on the freshness of its ingredients, emphasizing that its locations do not have freezers, that the dough is prepared from scratch daily, that 100 percent whole-milk mozzarella cheese is grated daily, and that vegetables are hand-sliced.
Franchise Fee: $25,000
The franchise cost to launch a Papa Murphy’s restaurant is a modest $25,000, which is more than enough to get you started. A total estimated start-up investment ranging from $280,000 to $520,000 is required for this venture. A monthly royalty charge of 5 percent of total sales is collected, with an extra 2 percent of gross sales collected as an advertisement royalty fee.
How much does a Papa Murphy’s Pizza franchise owner make?
Individual shop revenues might vary significantly based on the area and the owner/manager of the business.According to Papa Murphy’s, more than 1,500 franchisees generate an average yearly net sales of $586,229, with the top third generating an average annual net sales of $870,188.If you’re confident in your abilities to manage a Papa Murphy’s better than 70 percent of the other franchisees, you should consider opening a Papa Murphy’s location in your community.To get started with your Papa Murphy’s franchise, visit their website and fill out a franchise application form.
8. Papa John’s
Due to the fact that it has more than 5,000 locations, Papa John’s had a gross profit margin of more than 33 percent in 2019.The company was established in 1985 and has been franchising since 1986, during which time the number of sites has increased steadily for more than 30 years.Papa John’s is mostly known for its takeout and delivery services rather than its in-store eating.In 2002, it was also one of the first major chains to make online ordering available to customers throughout the whole organization.
Franchise Fee: $25,000
Potential franchisees must have a net worth of at least $250,000 and the capacity to get financing of up to $275,000 in order to operate a Papa John’s location.For new locations, the corporation additionally charges a one-time franchise fee of $25,000, which is non-refundable.Franchisees are also required to pay the firm two continuing monthly fees on a recurring basis (royalty fees).The normal royalty charge is equivalent to 5 percent of net sales, with an extra 3 percent for advertising included in the calculation.
How much does a Papa John’s Pizza franchise owner make?
It is estimated that you may earn an average of $781,202 in income from your Papa John’s franchise, according to the franchise disclosure document (FDD).A company-owned facility generates an average yearly revenue of $966,460, which is somewhat more than the national average.You should consider becoming a franchisee with Papa John’s if you’re serious about generating money and have plenty of money to spend on other things.More information may be obtained by following the guidelines on their website.
9. Little Caesars
Little Caesars Pizza, founded in 1959 by Mike Ilitch and franchising since 1962, is a restaurant chain.The corporation just completed construction of a nine-story headquarters building in Detroit, which cost $150 million.In addition to its well-known catchphrase ″Pizza!Pizza!″ and square pies, Little Caesars made history with the introduction of its ″Hot-N-Ready″ concept, which offered carryout pizzas at surprisingly low prices during specific hours of the day, from 4 p.m.to 8 p.m., during certain hours of the day, 4 p.m.to 8 p.m., during certain hours of the day, 4 p.m.
to 8 p
Franchise Fee: $15,000-$20,000
The cost of establishing a Little Caesars franchise varies depending on the type of unit being established.A minimum net worth of $250,000 as well as a minimum of $100,000 in liquid assets are required for applicants to be considered.Furthermore, they must be able to secure money to cover the expenditures of establishing their company.The initial investment ranges from $334,000 to more than $1.3 million, depending on the project.This includes the $15,000 – $20,000 franchise fee that is required at the start of the business.With a continuing royalty cost of around 6 percent of net sales and an extra advertising fee of up to 7 percent of net sales, this franchise is one of the more expensive options we’ve looked at in this comparison.
How much does a Little Caesars Pizza franchise owner make?
It’s estimated that Little Caeser’s Pizza generates more than $3.3 billion in revenue annually.This equates to an average of little more than $600,000 in total income per franchise location.This appears to be something that a large number of people would be interested in.Nevertheless, it is estimated that the average franchise owner earns less than $40,000 per year.Little Caeser’s Pizza makes a lot of money with their well-known ″Pizza Pizza,″ and if you’re interested in joining them, you can find out more about the application procedure on their website.
10. Pizza Hut
Pizza Hut was established in 1958 and began franchising operations in 1959. Since then, the number of sites has continued to grow, reaching a current total of more than 15,000. It has recently stated that it would close about 500 dine-in outlets in order to better focus on the more popular delivery and carryout market in order to avoid falling farther behind Domino’s.
Franchise Fee: $25,000
In exchange for a 20-year agreement, Pizza Hut charges a $25,000 franchise fee, with the total initial investment ranging between $297,000 and $2,109,000.Extra fees include a 6% continuous royalty charge on all sales, as well as an additional 3% to be used for national advertising initiatives, which are collected from franchisees on an annual basis.A net worth of $700,000 or more is required for the acquisition of a franchise, with at least half of that amount accessible in liquid assets, to be eligible for consideration.
How much does a Pizza Hut franchise owner make?
With more than 15,000 franchise sites, the average business generates about $400,000 in annual sales on average.Despite the fact that this does not appear to be a substantial sum of money, there are several advantages to working for a large corporation.Pizza Hut has earned a positive reputation for providing excellent care to its employees and business owners.If you are interested in becoming a franchisee of Pizza Hut, go to the company’s website and click on the ″Join The Family″ page.
11. Domino’s Pizza
When it comes to pizza, Domino’s is the undisputed leader, both in terms of worldwide sales ($13.5 billion) and the number of stores (over 17,000).The brand, which was founded in 1960, was one of the first to promote home delivery and currently distributes more than a million pizzas every day, according to the company.The key to Domino’s success has a lot to do with the ordering system that the company uses.Customers may place purchases using the company’s new digital ordering platform on a variety of devices, including smart speakers (Amazon Echo/Alexa), smart TVs, wearables, and social media platforms, in addition to the normal assortment of computers, tablets, and mobile phones.
Franchise Fee: $25,000
Domino’s Pizza provides franchise opportunities at an unexpectedly cheap cost.This is one of the reasons why Domino’s Pizza is the greatest pizza franchise to own.The first franchise fee is $25,000, with the total initial investment ranging from $119,950 to $461,700.The entire initial investment is between $119,950 and $461,700.The franchise agreement is valid for 10 years and can be extended for an additional fee.The royalty charge is 5.5 percent of gross sales, with an extra 1 percent to 4 percent for marketing and advertising activities added on.
In order to become a franchisee, you must have at least $75,000 in liquid cash on hand, as well as a net worth of at least $250,000.
How much does a Domino’s Pizza franchise owner make?
In other words, how much does a franchisee of the world’s largest pizza company make every year?From one Domino’s store to the next, the amount of money that franchise owners make differs significantly.According to some studies, an annual compensation in the region of $107,000 to $116,000 might be expected.Several individuals feel that owning and managing a Domino’s pizza franchise is the greatest way to get started in the pizza business.To learn more about starting your own Domino’s pizza business right away, visit the ″Achieve The Dream″ page on the Domino’s website.Entrepreneurs interested in getting a piece of the pizza business can choose from a variety of franchise opportunities.
Does one of the items on this list now belong to you?Do you know of another pizza business that we should consider adding to our list of the greatest pizza franchises?Please leave a remark below…Sawyer Radermacher Christ-Follower is a student at the University of Minnesota’s College of Science and Mathematics, an intern at Rob LeMay Consulting, a chef at Crave, a lover of urban exploration, and a car enthusiast.
FDD Talk: How Much Does a Marco’s Pizza Franchise Make (Average Revenues and/or Profits)?
So, how much does a franchisee of the world’s largest pizza company make every year?…From one Domino’s store to the next, the amount of money that franchise owners make is different.According to some studies, an annual compensation in the region of $107,000 to $116,000 might be anticipated.Several people feel that owning and managing a Domino’s pizza franchise is the greatest way to break into the pizza business.Visit the ″Achieve The Dream″ page on the Domino’s website to learn how to create your own Domino’s pizza restaurant right away.Entrepreneurs interested in getting a piece of the pizza business can choose from a variety of franchise possibilities.
Which items on the list do you presently own?You have a suggestion for another pizza franchise that you believe should be included on our list?Fill in the blanks with your thoughts….Sawyer Radermacher Christ-Follower is a student at the University of Minnesota’s College of Social and Occupational Sciences, an intern at Rob LeMay Consulting, a chef at Crave, a lover of urban exploration, and an enthusiast of automobiles and motorcycles.
Item 7 of Marco’s Pizza’s 2021 Franchise Disclosure Document (FDD) provides an estimate of the initial investment required to open a Marco’s Pizza franchise.
In Section III, the company’s 2021 Franchise Disclosure Document lists the initial franchise fee, royalty charge, marketing cost, and other payments associated with a Marco’s Pizza franchise.
Section IV – Number of franchised and company-owned Marco’s Pizza locations at the beginning of the year and at the end of the year for 2018, 2019, and 2020, based on Item 20 of the company’s 2021 FDD (Financial Disclosure Document).
In Section V, the following information is presented and analyzed: Marco’s Pizza financial performance representations, which are based on Item 19 of the company’s 2021 FDD, comprising information on the
According to category and cumulative Net Royalty Sales in 2020 for the top 25 percent (50 percent), the middle 25 percent (75 percent), the top 100 percent (100 percent), as well as the bottom 25 percent (50 percent), the middle 75 percent, and the bottom 75 percent of the 738 Franchised Stores that were open for business for 52 weeks during Marco’s Pizza’s 2020 fiscal year
According to category and cumulative Net Royalty Sales in 2020 for the top 25 percent (50 percent), the middle 25 percent (75 percent), the top 100 percent (100 percent), as well as the bottom 25 percent (50 percent), the middle 75 percent, and the bottom 75 percent of the 738 Franchised Stores that were open for business for 52 weeks during Marco’s Pizza’s fiscal year 2020
Gross Net Royalty Sales for each of the seven fiscal quarters of 2020 and the first fiscal quarter of 2021, based on the 738 franchised stores that were open for business for a total of 52 weeks during Marco’s Pizza’s fiscal year 2020.
For the 2019 and 2020 fiscal years, the following tables show the number of franchised stores having net royalty sales in excess of $1,000,000 by year.
Based on the 42 Company-Owned Stores that were open for business for 52 weeks during Marco’s Pizza fiscal year that concluded on December 27, 2020, the following are the average and median food/paper and labor expenditures in 2020, expressed as a percentage of Net Royalty Sales:
For the fiscal year ending December 27, 2020, the following figures were calculated: the average, median, lowest, and highest EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) on a category and cumulative basis for the top 25 percent, 50 percent, 75 percent, and 100 percent, as well as the bottom 25 percent, 50 percent, and 75 percent of the 42 Company-Owned Stores that were open for business for 52 weeks
Section I – Background Information
26 Things You Need to Know About the Marco’s Pizza Franchise
Opens the 1,000th store, marking a significant milestone.To commemorate its 1,000th restaurant, Marco’s Pizza announced the official launch of its Kissimmee, Florida location in late October 2020.The brand’s journey to 1,000 stores has been an incredible one, beginning with an Italian founder, Pasquale Giammarco, and a dream of creating a pizza brand, continuing with CEO Jack Butorac, who discovered a tremendous growth opportunity, and culminating with the immigrant entrepreneurs – Kattya Barbaran and Rafi Vargas – who are behind the brand’s 1,000th store.2.Marco’s Pizza has celebrated the opportunities that franchising has provided from its inception to this historic time.Franchisees may seek business ownership while also contributing to the development of a national brand alongside other like-minded, enthusiastic entrepreneurs, according to the company.
In addition, Butorac stated, ″Watching this firm develop from its humble beginnings in Ohio to become a well-known pizza brand around the country has been nothing short of miraculous.″ As a result, we have the highest-quality product in the business as well as an outstanding leadership team as well as a collection of fantastic franchise partners and hardworking team members.Our irresistible power is formed when all of these things come together.″ 4.Fast forward to 2020, and Marco’s Pizza launches its 1,000th location with the help of a couple of immigrant entrepreneurs who, like Marco’s, recognized promise in the primo pizza model.Barbaran and Vargas both emigrated to the United States with the ambition of starting their own business and giving back to their respective families back home in Colombia.Their extensive industry knowledge and unrivaled work ethic made them the ideal choice to launch this landmark site, which will serve as a platform for the next 1,000 locations to follow.5.
Vargas stated, ″When I was a youngster growing up in the Dominican Republic, I never imagined that one day I would have the opportunity to start my own business.″ The discovery of an amazing partner in Kattya – someone who was so driven and enthusiastic, who had an entrepreneurial attitude with us, and who would urge us to establish this landmark shop – made this possible.″ 6.Barbaran went on to say, ″While life may throw you several problems, your success will be decided by your capacity to rise above the circumstances, remain resolute, and put your people first.″ Despite our difficulties and in the midst of a global epidemic, this is precisely what we did – and it provided us with the chance to realize a goal that we had shared since childhood.″ Marco’s has remained dedicated to expansion in 2020, having opened 51 outlets as of October with upwards of 80 sites anticipated to open in total in 2020 despite the epidemic.Additionally, it has 89 new store commitments in the queue and has achieved unprecedented sales milestones, all while helping communities around the country as part of its ″You Can Count on Marco’s Pizza″ commitment to them.
Marco’s Pizza, according to Tony Libardi, the company’s president and then-chief operating officer (COO), ″is built on the strength of our franchisees, devoted team members, and long-term consumers.″ 9.This is only the beginning of the enormous growth opportunities that lie ahead for us.″ ″We have developed a fantastic culture that continues to strengthen as we extend our countrywide reach, and this is only the beginning of the huge growth potential that lie ahead for us.″ The only national pizza business started by a native Italian, Marco’s, is number nine on the list.Known for its fresh dough that is prepared in-store daily, three fresh trademark cheeses, and an original pizza sauce recipe, it has carved out a position for itself in the market for real Italian quality pizza.Marco’s has gone a long way from its humble beginnings, according to Butorac, who described it as ″a narrative of hard labor, courage, and endurance.″ ″I recall telling to Founder Pat during one of our early meetings, ‘you have a 1,000-store concept here,’ and to witness this historic occasion come to fruition is a true honor.″ Tony Libardi is promoted to the position of Co-CEO.
- On January 11, 2021, following a record-breaking year, Marco’s Pizza announced the promotion of Tony Libardi from president and chief operating officer to co-CEO and president.
- The promotion took effect on December 28, 2020, and is intended to help the company accelerate its growth strategy and strengthen the brand.
- 12.
- In order to prepare for a long-term transition of leadership, Libardi joins forces with Jack Butorac, who has served as the company’s chief executive officer since 2004.
Marco’s is able to smoothly produce results, profitability, and growth for its franchisees and other stakeholders because of their deeply entrenched enthusiasm and understanding of leadership and innovation, which they have developed through time.13.Since joining the company from Burger King in 2014, Libardi has amassed an impressive list of accomplishments, including increasing same-store sales growth by more than tripling the number of locations and increasing profitability for franchisees.A restaurant operations veteran with 30 years of experience, Libardi put Marco’s in a position to accelerate growth by implementing a single point-of-sale system, instituting operational standards, launching Marco’s first national advertising campaign, and increasing digital sales through enhanced online ordering, the development of an iPhone app, and the adoption of third-party delivery services.
- This solid foundation, along with his laser-like concentration on performance and improved communication with his leadership team and the field, enabled him to guide the Marco’s Pizza team to an unprecedented year in 2020, despite the difficulties brought on by the pandemic.
- The Marco’s team achieved historic record-breaking sales, piloted new innovations, signed 114 new store commitments, and opened more than 70 new locations, including the brand’s milestone 1,000th store – all while supporting communities nationwide through the company’s ″You Can Count on Marco’s Pizza″ pledge.
- 16, According to Butorac, who is now chairman and co-CEO of Marco’s Restaurants, ″To say Tony is deserving of this promotion is an understatement.″ Marco’s has grown into a performance-driven culture that is focused on putting ‘People First.’ This has occurred under Tony’s guidance.
- Marco’s has more than doubled in size as a result of a fantastic collection of franchise partners.
- We are quite pleased with his passion and effort, as well as the overall influence he has made on this brand.
- We are entering a new phase of Marco’s as a national brand with more than 1,000 locations, and I am convinced that Tony will be a driving factor behind our continuing growth.″ 17.
Libardi expressed his gratitude by saying, ″It has been a pleasure to be a part of this brand’s incredible rise.″ Success has come as a result of a collaborative effort between our great senior leadership team, our dedicated Support Center, and all of our franchisees and team members at the store level who go above and beyond to fulfill our brand promise on a daily basis.″I am honored to take on this new job and continue to build on our brand’s enviable reputation as we propel Marco’s into the national limelight.″ 18.Libardi’s passion and commitment to Marco’s has not gone unnoticed despite his busy schedule.His efforts have been important in laying the groundwork for the Marco’s of the future, and he has set his sights on opening the next 1,000 locations.
Marco’s has been able to pivot and swiftly adjust its policies, operations, and marketing in order to fit with its future route by concentrating on three key areas: people, business, and community wellness.Several innovations and pilot programs were accelerated as a result of the pandemic, including the testing of ghost kitchens in several strategic markets, the rapid expansion of third-party delivery, the introduction of new contact-free delivery and curbside pickup options, and the testing of robotic kitchen innovations that improve efficiencies without compromising the quality or craftsmanship of pizza.Marco’s is devoted to the future, as seen by the company’s continued expansion and the signing of new partnerships throughout the COVID era.
- Expansion of the National Footprint continues.
- 20.
- Marco’s Pizza said in early May 2021 that company was on track to have a record-breaking year in 2021, following a successful year in 2020.
- In addition to signing 88 new franchise agreements since the beginning of the year, the brand has also signed multiple area development agreements that will result in the addition of a total of 20 units to Colorado.
- This is all part of a larger strategy to increase the brand’s 1,000-plus unit footprint by more than 10% by the end of the decade.
- 21.
″Our teams have been hard at work trying to minimize unit buildout costs while concurrently increasing sales,″ said Tony Libardi, co-CEO and president of Marco’s Pizza.This, along with the ease with which financing can be obtained, has provided an advantageous opportunity for both existing and potential franchisees to expand their businesses with Marco’s.The epidemic tested our ability to be flexible, and we responded by rapidly expanding third-party delivery, introducing new contact-free delivery and curbside pickup alternatives.This innovation will serve our network well for years to come.″ The History of the Company 22.Pat Giammarco, an Italian immigrant, created Marco’s Pizza in Oregon, Ohio, in 1978.
Marco’s Pizza has been in business since 1978.After emigrating to the United States when he was nine years old, Giammarco’s family started a pizzeria in which he grew up working.As an adult, Giammarco aspired to open his own restaurant, which would specialize on serving real Italian pizza.He utilized his father’s sauce recipe, which is still in use today at Marco’s Restaurant.23.
The first Marco’s location was a success, and over the next two decades, Giammarco gradually expanded the brand’s presence.By 1987, the firm had 32 sites around Ohio, half of which were company-owned and the other half of which were franchisees.At its peak in the early 2000s, Marco’s had more than 112 locations, the most of which were in Ohio and neighboring states.
- 24.
- The year was 2002, when Giammarco met Jack Butorac, a restaurant industry specialist who was hired to conduct a feasibility study on three restaurant concepts, including Marco’s Pizza, that were considered possible development chances.
- Butorac was interested in Marco’s goods, but was dissatisfied with the lack of a clear brand identity that Marco had established.
- The pizza, on the other hand, remained consistent from place to location.
Butorac began working as a consultant for Giammarco after recognizing the potential of the brand.He then entered into talks to buy the franchise rights to Marco’s Pizza, which were successful.25.
- Butorac took over as CEO of Marco’s Pizza in 2004, after which he became the company’s controlling shareholder.
- Marco’s Pizza, under the direction of Butorac, expanded its national and international franchising efforts.
- There will be more than 1,000 Marco’s Pizza locations in operation by 2021, according to estimates.
- Marco’s Pizza has stores in the United States, Puerto Rico, the Bahamas, and India, and the company continues to grow.
- 500 most successful franchises in the world, according to Entrepreneur magazine.
- 26.
- Marco’s Pizza was named No.
- 92 on Entrepreneur’s Franchise 500 list for the year 2021.
Section II – Estimated Costs
Marco’s Pizza franchise fees are estimated in detail based on Item 7 of the company’s 2021 Franchise Disclosure Document.
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
According to Items 5 and 6 of the company’s 2021 Franchise Disclosure Document, detailed information on Marco’s Pizza’s first franchise charge, royalty fee, marketing cost, and other fees would be provided.
Section IV – Number of Franchised and Company-Owned Outlets
Franchised
- At the beginning of 2018, 825 outlets existed
- at year’s end, 844 outlets existed
- net change: +19 outlets were added.
- At the beginning of 2018, 825 outlets existed
- at year’s end, 844 outlets existed
- net change: +19 outlets were created.
- Outlets at the beginning of the year were 825
- outlets at the end of the year were 844
- net change was +19.
Company-Owned
- Outlets at the beginning of the year: 42
- outlets at the end of the year: 39
- net change: -3
- 2018 outlets at the beginning of the year: 42
- Outlets at the beginning of the year: 42
- outlets at the end of the year: 39
- net change: -3
- 2018 outlets: 42
- 2018 outlets: 39
- Outlets at the beginning of the year were 42
- outlets at the end of the year were 39
- net change was -3.
Section V – Financial Performance Representations (Item 19, 2021 FDD) and Analysis
At the end of the fiscal year 2020, there were 909 Marco’s Pizza franchised locations and 45 company-owned locations (as defined below). Among them, 738 franchised stores and 42 company-owned stores were open for business for the whole 52-week period ending December 27, 2019.
In order to reflect historical data of Net Royalty Sales of 738 Marco’s Pizza Franchised Stores and 42 Company-Owned Stores (as defined below) that were open during the 52 weeks of the fiscal year ending December 27, 2020, Marco’s Pizza has created this financial performance depiction.
However, this information does not take into consideration the performance of I 65 new Stores that were not open for the whole 52-week period in 2020, (ii) special venue sites, or (iii) stores created and operated by Hoogland Foods, LLC, dba Family Video.
The information on the 42 Company-Owned Stores was derived from financial accounts that were generated inside the organization.
″Company-Owned Stores″ are defined as all Stores owned by Cleveland Marco’s, LLC as well as all other Stores that Cleveland Marco’s, LLC manages for a fee that are owned by Marco’s Pizza’s affiliated entities, which include Yellow Jacket, LLC, Airport Pizza, LLC, Authentic Pizza, LLC, Orlando Marco’s, LLC, and 45 Pizza, LLC.″Company-Owned Stores″ are defined as all Stores owned by Cleveland
Cleveland Marco’s, LLC has an equity ownership interest in
