Pizza Franchise Review
Pizza Franchise Opportunity - Pizza Franchise Business for Sale
Pandini’s
The success of Pandini’s is best shown through its growth over the last several years. The first location opened in 2000 at West Liberty State College, West Virginia and (as of September 2007) has grown to 26 locations in 16 states. The first 2 Pandini’s franchise locations will open in late 2007 in Center Valley, Pennsylvania and Charlotte, North Carolina. In 2004 Pandini’s was named a “Chain to Watch” by Restaurants & Institutions Magazine and in 2006 was recognized by Nations Restaurant News by winning their prestigious Hot Concepts! Award for innovation, emerging growth potential, consumer appeal and the ability to fire up appetites in multiple markets.
Background
Year Established: 2000
Year First Franchised: 2004
Franchised Units: 2 in development
Company-Managed/Affiliate Owned Units: 26
Projected New Units (12 months): 17
States/Countries Registered In: All
Availability in Canada: Masters / Area Developer: No
We are franchising in: Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Massachusetts Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Washington DC
Financial/Terms / Single Units:
Cash Investment: $150K
Total Investment: $432K - $601K
Minimum Net Worth: $600K
Franchise Fee: $30K*
Royalty: 6%*
Ad: 2.5% (2% local, .5% creative)
Average # of Employees: 25
Passive Ownership Allowed: Owner Operators are preferred. Passive investors ok if there is a working partner
Earnings Claim: No
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