Teresa's Pizza
At a Glance
Products & Services: Pizza
Number of Locations: 15
Total Investment: $132K - 214.5K
Founded: 1969
Began Franchising: 1996
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2010 | 15 | 0 | 0 | 0 |
| 2009 | 14 | 0 | 0 | 0 |
| 2008 | 13 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Kentucky, Northeast, Ohio, Pennsylvania, West Virginia.
Kentucky, Northeast, Ohio, Pennsylvania, West Virginia.
Startup Costs, Ongoing Fees and Financing
Total Investment: $132,000 - $214,500
Franchise Fee: $20,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $20,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $75,000
Operations
28% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 8. Absentee ownership of franchise is allowed. (90% 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: 2-3 weeks. At franchisee's location: 3 weeks.
Ongoing Support: Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
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