9/10

Franchimp Summary Rating

7 /10
Lower than 31% of peers

Franchise Summary

Description
The franchised business being offered is Smokin’ Oak Wood-Fired Pizza and Smokin’ Oak Wood-Fired Pizza & Taproom restaurants, offering wood-fired pizza, other menu, and beverage items.
Corporate Structure
The franchisor is Fourth Avenue Restaurant Group, LLC, a Florida limited liability company formed in 2015. Its business system's type has origins dating back to 1996 via an affiliate.

Earnings Transparency

10 /10
This Franchise discloses far more 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. Restaurants (Sit-Down) Industry

$637,736 / unit

Franchise Type: Standard

Average Revenue During 2021

$637,736
$628,879
Industry Low
$3,609,791
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Smokin' Oak Wood-Fired Pizza Franchisees

Smokin' Oak Wood-Fired Pizza Franchise System Development in 2024

FAQ

How much investment do I need to start my own Smokin' Oak Wood-Fired Pizza business?
Franchisees typically require at least $448,745 to $891,205 investment to get their Smokin' Oak Wood-Fired Pizza business started
What are the initial franchise fees for Smokin' Oak Wood-Fired Pizza?
Franchisees typically need to pay at least $50,250 in fees directly to Smokin' Oak Wood-Fired Pizza in order to earn the right to launch their business
How much money can I make with a Smokin' Oak Wood-Fired Pizza franchise? What are the average revenues for a typical Smokin' Oak Wood-Fired Pizza business?
We estimate that the average revenue of an individual Smokin' Oak Wood-Fired Pizza unit is approximately $637,736. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Smokin' Oak Wood-Fired Pizza unit? What is my contractual commitment?
Smokin' Oak Wood-Fired Pizza 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

7 /10
The Franchisor's investment costs ranges from $448,745 to $891,205 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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