BOSTON PIZZA FRANCHISE OPPORTUNITIES
Boston Pizza franchise is a chain of family restaurants and sports bars. It has been in business for about 45 years. Boston Pizza offers a menu with more than 100 items including gourmet pizza, burgers, pasta, salads. There’re big-screen TVs in its sports bars to watch matches. Boston Pizza franchise opportunities are really attractive. View the franchise investment information, franchise fees, and requirements and you’ll find out how to buy the Boston Pizza franchise for sale. Boston Pizza franchise has a perfect compound of cost and profit. Owning a Boston Pizza restaurant franchise means you will have flexible partnership arrangements, team support, and always thankful visitors.
How to open a Boston Pizza franchise?
- Ensure you have adequate capitalization.
In order to open the Boston Pizza restaurant franchise, you must have a net-worth of $1,500,000.
- Appreciate the investment required for a restaurant franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Boston Pizza franchise owner.
- Assess market availability.
You will want to look at the market availability for Boston Pizza franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Boston Pizza franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Boston Pizza franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
INITIAL INVESTMENT AND STARTUP COSTS
|Type of expenditure||Cost|
|Initial Investment||$1,800,000 – $2,200,000|
|Liquid Cash Requirement||$1,500,000|
|Initial Franchise Fee||$40,000|
|Ad Royalty Fee||3%|
|Re-scheduling Expenses||refundable $5,000 opening deposi|
|Pre-Opening Marketing Assistance||minimum cost of $10,000|
|Advertising Assessment||4% of Gross Sales|
|Late Payment and Interest||$100 per week|
|Manual Replacement Fee||$500 per volume|
|POS Support Services Fee||$1,200 per year or $125 per incident|
|Certified Training Designation||then-current fee; currently, $250 per visit|
|Training Materials||currently, $75 per person|
On-The-Job Training: 40 hours
Classroom Training: 80 hours
Boston Pizza Franchise Info: https://www.bostonpizzafranchise.com/