7/10

Franchimp Summary Rating

6 /10
Lower than 47% of peers

Franchise Summary

Description
The franchisee will operate a Hungry Howie’s restaurant, offering pizza, submarine sandwiches and other designated menu items for sale.
Company Background
Hungry Howie's is a chain of restaurants that offers pizza and submarine sandwiches. The franchisee will operate a Hungry Howie's restaurant, offering pizza, submarine sandwiches and other designated menu items for sale.
Franchise Opportunity
Owning and operating a pizza restaurant can be a lucrative business, but it's also very competitive. The pizza industry is fiercely competitive, with numerous national and regional chains vying for market share. Hungry Howie's is a proven concept that offers a unique product mix and has been successfully franchising for more than 40 years. With over 550 locations in the U.S., Hungry Howie's is one of the largest pizza franchises in the country.
Corporate Structure
Hungry Howie’s Pizza & Subs, Inc. is a Michigan corporation incorporated on December 21, 1981. They do business under the names Hungry Howie’s Pizza & Subs, Inc. and Hungry Howie’s Pizza, Inc. and do not do business under any other name. Their principal business address is 30300 Stephenson Highway, Suite 200, Madison Heights, Michigan 48071. They have offered franchises since 1982.
Royalties and Marketing Fees

Royalties : 5.5% of Gross Sales but not less than $360 per Reporting Period.

Royalties : 6% of Gross Sales but not less than $620 per Reporting Period.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$844,651 / unit

Franchise Type: Standard

Average Revenue During 2021

$844,651
$411,442
Industry Low
$2,544,354
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Hungry Howie's Franchisees

Hungry Howie's Franchise System Development in 2021

FAQ

How much investment do I need to start my own Hungry Howie's business?
Franchisees typically require at least $431 to $629 investment to get their Hungry Howie's business started
What are the initial franchise fees for Hungry Howie's?
Franchisees typically need to pay at least $25 in fees directly to Hungry Howie's in order to earn the right to launch their business
How much money can I make with a Hungry Howie's franchise? What are the average revenues for a typical Hungry Howie's business?
We estimate that the average revenue of an individual Hungry Howie's unit is approximately $844,651. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Hungry Howie's unit? What is my contractual commitment?
Hungry Howie's franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

6 /10
The Franchisor's investment costs ranges from $431,873 to $629,908 which is Much Lower than the $0 to $0 average in the QSR 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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