Pizza Pizza Ltd.
At a Glance
Products & Services: Pizza, chicken & sandwiches
Number of Locations: 361
Total Investment: $350K
Founded: 1968
Began Franchising: 1975
Private Owned
About Pizza Pizza Ltd.
After serving for three months as an unpaid apprentice at a pizzeria, Michael Overs founded Pizza Pizza in downtown Toronto in 1967. Each location serves classic and specialty pizzas (such as Bacon Double Cheeseburger), stuffed sandwiches, oven-toasted sandwiches, chicken nuggets, buffalo wings and salads.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 0 | 343 | 0 | 18 |
Startup Costs, Ongoing Fees and Financing
Total Investment: $350,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $125,000
Operations
10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 12 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising, National media, Regional advertising,
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