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10/10

Franchimp Summary Rating

10 /10
Lower than 0% of peers
9 /10
Lower than 12% of peers

Franchisee Attrition

10 /10
This franchise's rate of attrition in 2023 of 0.00% was Lower than the 8% 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

FAQ

How much investment do I need to start my own Solos Pizza Cafe business?
Franchisees typically require at least $463,500 to $463,500 investment to get their Solos Pizza Cafe business started
What are the initial franchise fees for Solos Pizza Cafe?
Franchisees typically need to pay at least $30,000 in fees directly to Solos Pizza Cafe in order to earn the right to launch their business
How much money can I make with a Solos Pizza Cafe franchise? What are the average revenues for a typical Solos Pizza Cafe business?
We haven’t done the math on how much revenue a typical Solos Pizza Cafe brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $0 revenue, so we would expect Solos Pizza Cafe to generate a similar amount
How long do I need to commit to running a Solos Pizza Cafe unit? What is my contractual commitment?
Solos Pizza Cafe 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

9 /10
The Franchisor's investment costs ranges from $177,500 to $341,000 which is Much Lower than the $619,545 to $1,693,635 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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