Franchimp Summary Rating
Higher than 68% of peers
Franchise Summary
Description
The franchisee will operate a Business that will operate a Pizzeria under the name “Patsy’S Pizzeria” specializing in serving coal fired, brick oven, thin crust pizzas and a full menu of other Italian dishes prepared with fresh ingredients, served in a casual family-style environment.
Company Background
Patsy's Pizzeria is a family-owned, coal-fired pizza franchise. Patsy's Pizza was founded in 1957 by my father, Francis "Frank" D'Amico and later passed on to my brother, Michael D'Amico. We have been providing the best brick oven pizzas for over 60 years! The restaurant will be offered with an exclusive territory that includes most of Northern Virginia and parts of Maryland.
Franchise Opportunity
Patsy's Pizzeria is the premier Italian restaurant in town, serving up wood-fired brick oven pizzas and a full menu of other Italian dishes prepared with fresh ingredients. Our delicious food has been enjoyed by many customers over the years, but we've recently noticed that our customer base is aging. We need to attract more young people like you! If you're looking for a fun place to eat out in town, then come visit us at Patsy's Pizzeria. The atmosphere here is casual and family friendly, so bring your friends or family along! You won't be disappointed by our delicious pizza - it just might become your new favorite spot!
Corporate Structure
Patsy’s Pizzeria Franchise Corp. is a New York corporation incorporated in June, 2014. Their principal business address Is 2287-91 First Avenuei New York, New York 10035.
Investment and Franchisee Fees
The franchisee will operate a Business that will operate a Pizzeria under the narhe “Patsy’S Pizzeria” specializing in serving coal fired, brick oven, thin crust pizzas and a full menu of other Italian dishes prepared with fresh ingredients, served in a casual family-style environment.
Royalties and Marketing Fees
Royalties : 6% of Gross Revenues
Royalties : 1% of Gross Revehues
Royalties : $5,000 per year
Management Team
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Patsy's Pizzeria Franchise System Development in 2019
FAQ
How much investment do I need to start my own Patsy's Pizzeria business?
Franchisees typically require at least $399,250 to $765,500 investment to get their Patsy's Pizzeria business started
What are the initial franchise fees for Patsy's Pizzeria?
Franchisees typically need to pay at least $75,000 in fees directly to Patsy's Pizzeria in order to earn the right to launch their business
How much money can I make with a Patsy's Pizzeria franchise? What are
the average revenues for a typical Patsy's Pizzeria business?
We haven’t done the math on how much revenue a typical
Patsy's Pizzeria brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Patsy's Pizzeria to generate a similar amount
How long do I need to commit to running a Patsy's Pizzeria unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$568,020 to $2,528,500
which is
Much Higher
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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