Pizza Pizza Ltd.

At a Glance

Products & Services: Pizza, chicken, sandwiches

Number of Locations: 361

Total Investment: $350K - $350K

Founded: 1968

Began Franchising: 1975

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
Direct Capital

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
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

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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