What it Takes
Become An Owner
Important Commitments & Financials:
- Minimum net worth of $1,000,000 – $3,000,000 with a minimum available liquidity of $500,000, depending on the concept build-out commitments
- Commitment to a minimum of 3 units, which may include various concepts
- Capability of entering into an Exclusive Area Development (EADA) for a specific market
- Royalty Fees start 6% with discounts applied to early openings and multi-unit commitments
- Be willing to commit to a minimum of 3 units in 40 months
- Advertising Fund: 2.5%
Important Attributes:
- Your team must include (or have access to) restaurant management experience
- Multi-unit experience preferred with strong Leadership and Business Skills Market Ownership
- Committed to delivering the Peter Piper Pizza guest experience
- Ability to access and develop an experienced operating management team
| Expense Estimate |
 |
 |
||
|---|---|---|---|---|
|
Franchise Fee* (Commitment to 3 Units) *Pricing per store |
$25,000 | $25,000 | ||
| Low | High | Low | High | |
| Architectural Drawings on 1st Location | $30,000 | $60,000 | $15,000 | $20,000 |
| Construction Costs & FFE | $2,000,000 | $3,000,000 | $450,000 | $600,000 |
| Arcade Games | $250,000 | $300,000 | $0 | $0 |
| Pre-Opening Training | $40,000 | $50,000 | $20,000 | $25,000 |
| Pre-Opening Food Costs | $6,000 | $9,000 | $3,000 | $5,000 |
| Opening Marketing Costs | $40,000 | $50,000 | $10,000 | $20,000 |
| Other Miscellaneous Costs | $10,000 | $25,000 | $5,000 | $15,000 |
| Total Initial Investment Estimate | $2,376,000 | $3,494,000 | $503,000 | $2,376,000 |
FRANCHISEE ACCEPTANCE STEPS
1.
Submit the online contact form below
2.
Prepare minimum liquidity amounts and
net worth requirements documentaton
3.
A Peter Piper representative will reach out for an introduction and next steps
LET’S TALK
Complete our inquiry below and a Peter Piper Pizza representative will be in touch