7/10

Franchimp Summary Rating

7 /10
Lower than 38% of peers

Franchise Summary

Description
You will operate a dine-in restaurant featuring pizza and an extensive menu offering salads, sandwiches and pasta. We offer 2 franchises, a single Monical’s restaurant and multiple Monical’s restaurants.
Company Background
We are a family-owned and operated business that has been operating in the Chicagoland area for over 30 years. We have an extensive menu offering salads, sandwiches and pasta as well as pizza - with two franchise options: a single Monical's restaurant or multiple Monical's restaurants.
Franchise Opportunity
Would you like to own a pizza restaurant, but don't have the time or skills? Monical's is an innovative franchise concept that gives you the opportunity to be in business for yourself, but not by yourself. We provide a turnkey operation that includes everything from store design and construction, furnishings and equipment, training and marketing support. You'll also receive ongoing operational assistance from our corporate offices as well as access to our members-only website full of helpful resources. All you need is $50K - $100K for startup costs (including real estate), some basic kitchen experience and three weeks of your time per month! In return we will give you all this... Our proven menu with over 40 years of history behind it; complete training on how to operate your new pizzeria; free weekly consultations with one of our experienced regional managers; guaranteed advertising program featuring local print media outlets plus radio spots on top stations across the country; one
Corporate Structure
Monical Pizza Corporation was incorporated in Illinois on April 27, 1982 to offer Monical’s Pizza franchises. Their principal business address is 530 N. Kinzie, Bradley, Illinois 60915. They have operated Monical’s restaurants and offered franchises in this line of business since 1982.

Franchise Types Available

# Type Investment Fees

Employee Contact Database

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Distribution of Monical's Pizza Franchisees

Monical's Pizza Franchise System Development in 2022

FAQ

How much investment do I need to start my own Monical's Pizza business?
Franchisees typically require at least $487 to $1 investment to get their Monical's Pizza business started
What are the initial franchise fees for Monical's Pizza?
Franchisees typically need to pay at least $25 in fees directly to Monical's Pizza in order to earn the right to launch their business
How much money can I make with a Monical's Pizza franchise? What are the average revenues for a typical Monical's Pizza business?
We haven’t done the math on how much revenue a typical Monical's Pizza brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Monical's Pizza to generate a similar amount
How long do I need to commit to running a Monical's Pizza unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

7 /10
The Franchisor's investment costs ranges from $487,550 to $1,133,400 which is Much Lower than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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