Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$200K - $389K
- Units as of 2021
1 0.0% over 3 years
Here’s what you need to know if you’re interested in opening a United Slice franchise.
United Slice is a pizzeria franchise that offers an extensive menu of quick dine favorites, including calzones, chicken wings and dippers, pasta, sides, bread twists, desserts, and salads. Located in Utah, United Slice started in 2016 out of its founder's passion for food, giving birth to a unique culinary fusion: curried pizza.
On top of the founder's apparent love for Italian food and his native cuisine, United Slice may have won the hearts of his customers through the brand's generosity. United Slice loves giving away discounts and offers that just keep the customers coming back. With the growth of his first location, Singh is now opening his business to interested franchisees.
Why You May Want To Start a United Slice Franchise
One of the things United Slice is proud of is its growth-enhancing culture that feeds on integrity, enthusiasm, and open communication. If you think you will thrive in an environment like this, you could be a welcome addition to the United Slice family.
With billions of pizzas sold in the country, pizza is a national favorite. Also, with so many old brands doing their thing over and over, United Slice may provide the right refreshing twist that customers need.
Opening a United Slice franchise may have a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
What Might Make a United Slice Franchise a Good Choice?
The most apparent difference between United Slice and other pizzerias may be its bold culinary crossovers. As mentioned, United Slice makes pizza with curry, an idea previously unexplored. With United Slice, you have two franchise opportunities to choose from: a single unit franchise and an area development franchise, which may let you lock down a more extensive territory for multiple locations you may decide to open.
To be part of the United Slice team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
United Slice has partnered with third party financial lenders that can help cover the franchise fee, startup costs, equipment, inventory, accounts receivable, and payroll.
How To Open a United Slice Franchise
As you decide if opening a United Slice franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a United Slice franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the United Slice franchising team questions.
About United Slice
- Franchising Since
- 2021 (1 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states: Utah
- # of Units
- 1 (as of 2021)
- Corporate Address
500 E. Village Blvd.
Tootle, UT 84074
Information for Franchisees
Here’s what you need to know if you’re interested in opening a United Slice 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.
- Initial Investment
- $199,870 - $388,600
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.
- 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.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty 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
- 10 years
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?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- United Slice has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 57-71 hours
- Classroom Training
- 18-22 hours
- Ongoing Support
Grand OpeningSite Selection
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- 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.
- 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.
Are you eager to see what else is out there? Browse more franchises that are similar to United Slice.
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