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Entrepreneur: Start & Grow Your Business

Parrot Pizza

Pizza, pasta, subs, sandwiches

Background

Founded: 1993 Franchising since: 2003
3801 Knights Bridge Close
Worcester, Massachusetts 01609
Phone:
(508)829-9111


Franchisor is a privately-held company with 5 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 3 0 0 0
2006 1 0 0 1
2005 1 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Based on investment level

Costs and Fees

Total investment: $178K
Franchise fee: $25K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


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

Qualifications
Net worth requirement: $60K
Cash liquidity requirement: $60K

Operations
  • Number of employees needed to run franchised unit: 5 - 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 20 days
  • Available at franchisee's location

Ongoing Support
  • Newsletter
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks