Monical’s Pizza FDD – Franchise Information, Costs and Fees
Type of Business
You will operate a dine-in restaurant featuring pizza and an extensive menu offering salads, sandwiches and pasta.
Monical Pizza Corporation was incorporated in Illinois on April 27, 1982 to offer Monical’s Pizza franchises. Their principal business address is 530 N. Kinzie, Bradley, Illinois 60915. They have operated Monical’s restaurants and offered franchises in this line of business since 1982.
The franchisor offers 2 franchises, a single Monical’s restaurant and multiple Monical’s restaurants.
A single Monical’s restaurant. The total investment necessary to begin operation of a single Monical’s restaurant is $487,550 to $1,133,400. This includes $25,000 to $45,000 that must be paid to the franchisor or affiliate.
Multiple Monical’s restaurants within a defined geographic area. You will receive a defined geographic territory, and you will operate single-unit franchised restaurants in the territory granted to you. The total investment necessary to begin operation of multiple Monical’s restaurants is $552,550 to $1,178,400. The initial franchise fee for Monical’s restaurants opened by a multi-unit developer is $30,000. The development fee is equal to $15,000 for each Monical’s restaurant you agree to develop. For example, assuming you agree to develop 5 Monical’s restaurants, your initial investment will include a franchise fee of $30,000 for the initial Monical’s restaurant plus a development fee of $60,000 for the remaining 4 Monical’s restaurants to be developed in the future.