VPC Pizza Franchise, LLC offers franchises to operate restaurants known as Giordano’s Restaurants ("Giordano’s Restaurants"). Giordano’s Restaurants specialize in the sale of stuffed and thin-crust pizza, pasta, sandwiches, salads and other related food products prepared and sold in a manner and pursuant to specific recipes, formulas, techniques, methods of operation, procedures and standards.
Company Background
Giordano's Restaurants is the first restaurant company to be certified as a Veteran Owned Business. Giordano's(R)Restaurant offers Veterans and their families an opportunity to become part of our family with an investment that will provide long-term financial security, independence and pride. We are passionate about creating exceptional food for people who love pizza. It is our goal to share this passion with everyone by serving them something they can't find anywhere else - authentic Chicago deep dish pizza!
Franchise Opportunity
We all love pizza, but it can be hard to find a great pizza place. Giordano's is the best pizzeria in Chicago, and now you can own one of your own! The Giordano's franchise opportunity offers an easy way to get into the restaurant business without having to deal with the headaches of running a full-service operation. Our thin crust pizza will make you forget about Dominos and Pizza Hut forever. You don't need any experience or special skills to run this type of pizzeria because we have everything under control from our recipes down to our delivery drivers uniforms. All you need is $50k for startup costs, which includes equipment and inventory (we even provide training). Within 3 years you could double that money if not triple it depending on how fast your location grows. Click here for more information on franchising opportunities at Giordano's Restaurants!
Corporate Structure
VPC Pizza Franchise is a Delaware limited liability company formed on November 22, 2011. Their current principal business address is 60 E. Superior Street, Suite 300, Chicago, Illinois 60611.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Giordano’s® Restaurant franchise is between $646,000 and $942,000 for a Limited-Service Restaurant and between $1,235,000 and $1,635,000 for a Full-Service Restaurant. This includes an Initial Franchise Fee of $40,000 and payments for initial inventory totaling approximately $4,000 to $6,000 for a Limited-Service Restaurant and $10,000 to $20,000 for a Full-Service Restaurant that must be paid to the franchisor or their affiliates.
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. Restaurants (Sit-Down) Industry
$1,842,395 / unit
Franchise Type: Standard
Average Revenue During 2021
$1,842,395
$318,678 Industry Low
$3,473,249 Industry High
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 2% in the Restaurants (Sit-Down) 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
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Giordano's Franchisees
Giordano's Franchise System Development in 2021
FAQ
How much investment do I need to start my own Giordano's business?
Franchisees typically require at least
$1,396,000 to
$1,835,000 investment to get their
Giordano's business started
What are the initial franchise fees for Giordano's?
Franchisees typically need to pay at least
$40,000 in fees directly to
Giordano's in order to earn the right to launch their business
How much money can I make with a Giordano's franchise? What are
the average revenues for a typical Giordano's business?
We estimate that the average revenue of an individual
Giordano's unit is approximately
$1,842,395. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Giordano's unit? What
is my contractual commitment?
Giordano's 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
6 /10
The Franchisor's investment costs ranges from
$378,270 to $1,638,554
which is
Much Lower
than the $931,012 to $1,843,346 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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