Villa Pizza
This franchise also offers the following brands: Fresh Italian Kitchen
Food & Beverage QSRCompany Information
Address
25 Washington Street Morristown, NJ 07960
Website
Tel
Email
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Franchimp Summary Rating
Higher than 72% of peers
Lower than 41% of peers
Franchise Summary
Description
The Franchisee will operate either a Villa Fresh Italian Kitchen restaurant, a Villa Italian Kitchen restaurant or a Tony + Benny’s restaurant, all which feature pizza, pasta and other Italian menu items.
Company Background
Owners and operators of Villa Fresh Italian Kitchen Restaurants, we are committed to providing a high quality dining experience for our guests. We strive to provide the best food and service possible with fast and friendly service by always putting people first.
Franchise Opportunity
Villa Fresh Italian Kitchen is a well-known and loved restaurant chain, but the menu can be a little bit intimidating for first time visitors. Many people are hesitant to try out a new Italian restaurant, especially if they're not familiar with the menu. They might think that all of the dishes will be too spicy or too heavy. Villa Fresh Italian Kitchen offers classic Italian favorites like pizza and pasta, but we also have lighter options like salads and sandwiches. Our extensive menu has something for everyone, so you can come in with your friends or family and enjoy a meal together.
Corporate Structure
Our Predecessor first began offering franchises in February 1997. Our Predecessor reorganized under the name Villa Pizza, LLC in January 1999. Before the reorganization, Our Predecessor's principal place of business was the same as ours. Our Predecessor never operated businesses of the type franchisees operate
Earnings Transparency
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$720,134 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchisee Attrition
This franchise's rate of attrition in 2015
of 10.26%
was
Much Higher
than the 4% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
| # | Type | Investment | Fees |
|---|
Distribution of Villa Pizza Franchisees
Villa Pizza Franchise System Development in 2021
FAQ
How much investment do I need to start my own Villa Pizza business?
Franchisees typically require at least $302 to $644 investment to get their Villa Pizza business started
What are the initial franchise fees for Villa Pizza ?
Franchisees typically need to pay at least $25 in fees directly to Villa Pizza in order to earn the right to launch their business
How much money can I make with a Villa Pizza franchise? What are
the average revenues for a typical Villa Pizza business?
We estimate that the average revenue of an individual
Villa Pizza unit is approximately
$720,134. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Villa 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
The Franchisor's investment costs ranges from
$302,950 to $644,000
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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