- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$221K - $784K
- Units as of 2020
30 3.4% over 3 years
1000 Degrees Pizza is a restaurant chain that strives to serve tasty pizzas at a fast pace. Brian Petruzzi started the company in 2014, intending to introduce Neapolitan pizza to the fast-casual environment. It began franchising that same year. The brand may separate itself from the competition as a quick-serve restaurant by making custom pizzas in under two minutes. Since its inception, the franchise has grown to have more than 25 franchised units across the US.
1000 Degrees Pizza attributes most of the company’s success to its critically acclaimed chefs, delicious and quick way of making fresh pizza, and its unique restaurant design. The ideal franchisee is an individual who can open single or multiple franchise units and commit to providing the best pizza with the best customer service.
Why You May Want to Start a 1000 Degrees Pizza Franchise
What may make a pizza great is the quality of its ingredients and its baking procedure. The franchise insists on the freshest and finest ingredients for making its menu offerings. You may find that you cannot go wrong with their two-minute baking procedure. The high baking temperatures are designed to bring out the flavor of each ingredient. With a desire to produce a superb product and unmatched customer service, a new 1000 Degrees Pizza franchise may already have a loyal following.
Since it began franchising, the brand has remained committed to high customer satisfaction. They have also continuously enhanced their business model and streamlined their process to attract more franchisees. The company does not run the business for its franchisees. Instead, it offers strong corporate support and tools needed to achieve growth.
What Might Make a 1000 Degrees Pizza Franchise a Good Choice?
Americans love pizza, and the U.S. population keeps increasing by the day With such a vast market topped with franchising opportunities, it may only be right to regard opening a 1000 Degrees Pizza franchise as a unique and worthwhile opportunity.
By opening a franchise with 1000 Degrees Pizza, you may get the opportunity to make your mark on the multi-billion-dollar pizza industry. What could be more convincing than a reliable customer base with repeat sales? To be part of the 1000 Degrees Pizza team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees.
How to Open a 1000 Degrees Pizza Franchise
To begin the process of opening a 1000 Degrees Pizza franchise, you should first fill out and submit an inquiry form. A 1000 Degrees Pizza franchise development team representative may respond to you if you appear to be a good fit.
If you progress through the opportunity, the franchisor may provide you with a Franchise Disclosure Document for review. If both parties establish mutual interest, the franchise may invite you to meet the executive team and sign your franchise agreement. The franchisor will assist you in selecting an optimal location and project development. After a few weeks of training and setting up shop, you will be ready for a grand opening.
About 1000 Degrees Pizza
|Franchising Since||2014 (9 years)|
|# of employees at HQ||16|
This company is offering new franchisees in the following US states:
This company is offering new franchisees in the following international regions:
|# of Units||30 (as of 2020)|
Information for Franchisees
Here's what you need to know if you're interested in opening a 1000 Degrees Pizza franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$220,650 - $784,250|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
|$300,000 - $1,000,000|
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
|$200,000 - $400,000|
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|10% off franchise fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|Is franchise term renewable?||Yes|
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|In-House Financing||1000 Degrees Pizza offers in-house financing to cover the following: franchise fee, inventory, accounts receivable, payroll|
|Third Party Financing||1000 Degrees Pizza has relationships with third-party sources which offer financing to cover the following: startup costs, equipment|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
|On-The-Job Training||60 hours|
|Classroom Training||5 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||Yes|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||20-25|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
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