Pizza Factory FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for a fast casual pizza and pasta restaurant which offers sit-down (except in certain “express locations”), take-out service and delivery service. The restaurants may be developed in three different formats: a dine-in/party size, dine-in, and take-away and delivery.
Corporate Information
Pizza Factory, Inc. is a California corporation that was incorporated on June 3, 1982. Their principal business is located at 49430 Road 426, Suite D, P.O. Box 989, Oakhurst, California, 93644. They have offered franchises for Pizza Factory restaurants since 1985.
Investment
The franchisor offers two franchise programs:
1. A single Pizza Factory restaurant. The total investment necessary to begin operation of a Pizza Factory franchise will range from $323,000 to $740,000. This estimate includes the initial payment of $25,000 to Pizza Factory.
2. Multiple Pizza Factory restaurants within a defined area pursuant to an Area Development Agreement. There is an initial development fee of one half of the total Initial Franchise Fees payable for all restaurants to be developed under the Area Development Agreement (excluding the first Pizza Factory restaurant), plus $20,000 representing the initial franchise fee for your first Franchise Agreement, plus $7,500 per restaurant for the second through fourth Pizza Factory restaurants, and $5,000 for the fifth and subsequent Pizza Factory restaurant. The franchisor will credit the development fee against the initial franchise fees for the franchise agreements (at the rate of $20,000 for the first franchise agreement and $7,500 per Franchise Agreement for the second through fourth Pizza Factory restaurants and the rate of $5,000 per Franchise Agreement for the fifth and subsequent Pizza Factory restaurants).
