7/10

Franchimp Summary Rating

7 /10
Lower than 39% of peers

Franchise Summary

Description
The franchisee will operate a fast casual restaurant under the name Antioch Pizza Shop™ that features pizza, burgers, sandwiches and desserts.
Company Background
Antioch Pizza Shop is the first Antioch franchisee of the franchise. The company's business model is to offer customers fresh, quality food at a reasonable price in an environment where they can feel at home - with good music and free Wi-Fi.
Franchise Opportunity
The pizza industry is growing at a fast pace, but the market is becoming increasingly competitive. Antioch Pizza Shop will differentiate itself from the competition with its unique menu items and by offering a better customer experience. Our pizza franchise offers high-quality food that is made fresh daily. We also have a wide variety of toppings to choose from, so you can create your perfect pizza. In addition, we have burgers, sandwiches and desserts that are sure to satisfy everyone in your family.
Corporate Structure
Wix Franchise, Inc. is an Illinois corporation that was formed on October 24, 2015. Their principal business address is 1368 Bayshore Drive, Antioch, Illinois 60002. They began offering Restaurant franchises in 2016.

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. QSR Industry

$1,123,207 / unit

Franchise Type: Standard

Average Revenue During 2020

$1,123,207
$173,917
Industry Low
$2,256,060
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Antioch Pizza Shop Franchise System Development in 2022

FAQ

How much investment do I need to start my own Antioch Pizza Shop business?
Franchisees typically require at least $218 to $696 investment to get their Antioch Pizza Shop business started
What are the initial franchise fees for Antioch Pizza Shop?
Franchisees typically need to pay at least $43 in fees directly to Antioch Pizza Shop in order to earn the right to launch their business
How much money can I make with a Antioch Pizza Shop franchise? What are the average revenues for a typical Antioch Pizza Shop business?
We estimate that the average revenue of an individual Antioch Pizza Shop unit is approximately $1,123,207. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Antioch Pizza Shop unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

7 /10
The Franchisor's investment costs ranges from $218,000 to $696,500 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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