8/10

Franchimp Summary Rating

8 /10
Investment Accessibility
Lower than 21% of peers

Franchise Summary

Description
The franchisee will operate a fast casual restaurant under the name “Pie Five” featuring specialty pizzas.
Company Background
Pie Five is a fast-casual restaurant offering individual pizzas made with fresh, hand-stretched dough in five minutes or less. The company offers 11 signature pies as well as four crust options for the perfect pizza to suit every taste. Our team of chefs prepares each pizza using quality ingredients and traditional Italian recipes.
Franchise Opportunity
Most people love pizza, but few people have the time to make it. We all know that fast food is convenient and tastes good, but it's usually loaded with fat and calories. Pie Five Pizza Co. offers a delicious alternative to traditional pizza chains with fresh ingredients on handcrafted pizzas made in five minutes or less! Our crusts are baked fresh daily, our meats and veggies are sliced right before your eyes, and our sauces are spread by hand for a crisp taste that will leave you craving more! All of this is done without sacrificing quality or flavor...and we do it all at an affordable price! Best of all? You can customize every single one of your favorite pies just the way you want them using any combination of 30+ toppings from classic pepperoni to zesty feta cheese. So what are you waiting for? Come visit us today at PieFivePizzaCo.com where there's always
Corporate Structure
Pie Five Pizza Company, Inc. is a Texas corporation incorporated on June 16, 2011, whose principal business address is 3551 Plano Parkway, The Colony, Texas 75056. They are wholly-owned by Rave Restaurant Group, Inc. , a Missouri corporation incorporated on August 26, 2011.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Pie Five Restaurant ranges from approximately $418,500 to $604,000. This includes $42,000 to $44,000 that must be paid to the franchisor or its affiliate.

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Pie Five Franchisees

Pie Five Franchise System Development in 2016

FAQ

How much investment do I need to start my own Pie Five business?
Franchisees typically require at least $392 to $891 investment to get their Pie Five business started
What are the initial franchise fees for Pie Five?
Franchisees typically need to pay at least $53 in fees directly to Pie Five in order to earn the right to launch their business
How much money can I make with a Pie Five franchise? What are the average revenues for a typical Pie Five business?
We haven’t done the math on how much revenue a typical Pie Five brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Pie Five to generate a similar amount
How long do I need to commit to running a Pie Five unit? What is my contractual commitment?
Pie Five franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

8 /10
The Franchisor's investment costs ranges from $213,540 to $475,750 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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