2/10

Franchimp Summary Rating

2 /10
Higher than 88% of peers

Franchise Summary

Description
Benny's Restaurant is a popular dining franchise known for its casual atmosphere and diverse menu, offering a family-friendly environment ideal for gatherings and celebrations. With a focus on quality ingredients and community engagement, it caters to various tastes and dietary preferences, making it a beloved choice for diners.
Company Background
Benny's offers franchises for the operation of Benny's restaurants. We offer 28" pizza by the slice and related food and drink items. Our mission is to provide customers with an affordable, convenient, high-quality dining experience in a family-friendly environment.
Franchise Opportunity
Pizza is a popular food, but it's hard to find a great slice of pizza at an affordable price. Benny's restaurant offers the best quality pizza by the slice and related food and drink items at low prices. We offer franchises for those who want to own their own business, as well as delivery service for those who don't want to open up a store location. If you are looking for a new opportunity or simply love pizza then we have what you need! Our pizzas feature fresh ingredients that are baked on site daily using our patented 28 inch ovens resulting in high-quality slices with plenty of toppings available. You can order online from any device or call us directly when you're ready to place your order! Delivery is free within 10 miles so there's no reason not to try our delicious pizzas today!
Corporate Structure
We do business under the name Benny’s, or Benny’s Pizza. We are a Virginia limited liability company formed February 14, 2019. Our principal business address is 430B Salem Avenue SW, Roanoke, VA 24016. Our agents for service of process are listed in Exhibit A of this disclosure document.
Investment and Franchisee Fees
The total investment necessary to begin operation of a franchised Benny’s restaurant is $169,800 to $533,500. This includes $30,000 that you must pay to us or our affiliate.

FAQ

How much investment do I need to start my own Benny’s restaurant business?
Franchisees typically require at least $169 to $543 investment to get their Benny’s restaurant business started
What are the initial franchise fees for Benny’s restaurant?
Franchisees typically need to pay at least $30 in fees directly to Benny’s restaurant in order to earn the right to launch their business
How much money can I make with a Benny’s restaurant franchise? What are the average revenues for a typical Benny’s restaurant business?
We haven’t done the math on how much revenue a typical Benny’s restaurant brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Benny’s restaurant to generate a similar amount
How long do I need to commit to running a Benny’s restaurant unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

2 /10
The Franchisor's investment costs ranges from $238,200 to $1,927,500 which is Much Higher than the $0 to $0 average in the Quick Service Restaurants (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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