- 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.
Company Overview
About 1000 Degrees Pizza
Business Overview
Franchising Since | 2014 (10 years) |
---|---|
# of employees at HQ | 16 |
# 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
|
$29,500 |
---|---|
Initial Investment
|
$220,650 - $784,250 |
Net Worth Requirement
|
$300,000 - $1,000,000 |
Cash Requirement
|
$200,000 - $400,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
5-6% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
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 |
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Classroom Training | 5 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 20-25 |
Are exclusive territories available?
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Yes |
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