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Entrepreneur: Start & Grow Your Business

Villa Enterprises

Quick-service pizza & Italian restaurant

Background

Founded: 1964 Franchising since: 1999
25 Washington St.
Morristown, New jersey 07960
Phone:
(973)285-4800


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 82 0 16 143
2008 -- -- -- --
2007 65 0 11 139
2006 69 0 6 134
2005 69 0 10 124

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Canada, Central america, Eastern europe, Middle east, Mexico, South america, Western europe

Costs and Fees

Total investment: $296.95K-572K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K-300K
Cash liquidity requirement: $100K-250K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 10
  • Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 weeks
  • At corporate locations : 3 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Ad slicks
  • Regional advertising

Other marketing support
  • Local store marketing programs

Rankings

Franchise 500® rank:
#318 (2008);