Villa Italian Kitchen

Villa Italian Kitchen

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Promoted Opportunities

#419

Initial Investment

LOW: $296,950
HIGH: $894,000

Change in Units

-7.7% -21 UNITS (1 Year)
+0.4% +1 UNITS (3 Years)

Company Profile

Founded

1964

Franchising Since

1999 (18 Years)

Corporate Address

25 Washington St. Morristown, NJ 07960

CEO

Anthony Scotto

About Villa Italian Kitchen

After coming to America from Naples, Italy, Michele Scotto opened his first pizzeria in 1964 next door to the Ed Sullivan Theater on Broadway. Franchising of Villa Enterprises began in 1999, with stores designed to operate in high-traffic locations such as malls, airports, sports arenas, universities and casinos.

Financials

Financial Requirements

Initial Investment

$296,950 - $894,000

Net-worth Requirement

$250,000 - $300,000

Liquid Cash Requirement

$100,000 - $250,000

Ongoing Fees

Initial Franchise Fee

$25,000 - $35,000

Ongoing Royalty Fee

6%

Financing Options

Villa Italian Kitchen has relationships with third-party sources which offer financing to cover the following: 
franchise fee, equipment, inventory

Veteran Incentives


20% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Additional Training: At corporate locations

Ongoing Support
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations

Absentee Ownership Allowed

Number of employees required to run: 10

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 16th, 2016

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