Type of Business
The franchised business involves the sale of pizza and related menu items.
Corporate Information
On December 31, 2012, Vocelli, LLC acquired substantially all of the assets of Vocelli Pizza, L.P., including all of the existing franchise agreements and all of the component parts of the Vocelli Pizza franchise system. Vocelli Pizza, L.P. is their predecessor in the franchise business. The general partner of Vocelli Pizza, L.P., Pizza Outlet, Inc. is a Pennsylvania corporation, which was formed on December 30, 1991. The 3 principals of Pizza Outlet, Inc. owned and operated Pizza Outlet Stores which are similar to the type being offered in this disclosure document. VP and its predecessor have offered franchisees of the type being offered in this disclosure document since 1993. Originally, the franchises were offered under the mark Pizza Outlet but as of February 25, 2002, Stores located in Northern Virginia began operating under the name VOCELLI® Pizza. This name change came about as a progression into a more upscale, artisan product. Due to the success in the Northern Virginia market, all Stores system wide began operating as Vocelli Pizza effective September 8, 2003. Their principal business address is 1005 South Bee Street Pittsburgh, Pennsylvania 15220.
Investment
The total investment necessary to begin operation Standard single franchised business ranges from $156,000 to $598,000. The total investment necessary to begin operation of a Non-Traditional single franchised business ranges from $25,000 to $264,000. For the Standard franchise, this includes the $30,000 initial franchise fee that you must pay to the franchisor or its affiliates. This does not include a $7,500 per location option fee for each additional location should you choose to reserve the right to open more than one location for a Standard franchise by executing a Multi-Unit Option Agreement. For the Non-Traditional franchise, this includes the $5,000 initial franchise fee that you must pay to the franchisor or its affiliates. This does not include a $1,250 per location option fee for each additional location should you choose to reserve the right to open more than one location for a Non-Traditional franchise by executing a Multi-Unit Option Agreement.
