Best Pizza Franchise Opportunities in 2015
Tasty, classic, and lucrative, pizza franchises should definitely be considered if you want to open a food franchise. Pizza franchise opportunities are incredibly fast-growing, and are definitely not going to leave American’s diets any time soon. (Imagine your life without pizza!) To get you started, we’ve listed some of the best pizza franchises below, so you can start comparing your options today.
Pizza Franchise Opportunities in the USA
It seems like, not too long ago, the only really big pizza franchises out there were Pizza Hut, Dominoes, Little Caesars, and Papa Johns. These franchises have certainly continued massive growth across the USA, but it turns out that there are lots of different pizza franchises that are expanding these days.
Take a look at the top 40 pizza companies by the number of locations, courtesy of PizzaToday:
The Top Pizza Franchises
- Liquid Capital Required: $100,000
- Net Worth Required: $400,000
- Investment: $246,995 - $333,795
- Liquid Capital Required: $75,000
- Net Worth Required: $150,000
- Investment: $12,000 - $75,000
- Liquid Capital Required: $44,000
- Net Worth Required: $250,000
- Investment: $219,750 - $454,000
4. Buck’s Pizza
- Liquid Capital Required: $50,000
- Net Worth Required: $50,000
- Investment: $160,000 - $340,000
You can also learn more about the pizza franchise industry as a whole by checking out our pizza industry report.
Click any of the links above to see a full profile of the pizza franchise
What is an Area Representative?
The reason why anyone would choose being an Area Representative is that they are paid a certain portion of the initial franchise fee of each new franchisee they solicit as compensation. Aside from the sales commission the area representative may get paid by the franchisor a portion of the royalties received for servicing franchisees. In some cases, franchisors will pay the area representatives a portion of the fee received from new franchisees in the reps’ territory even though the area representative may have had nothing to do with the screening or recommending that particular franchisee. However, all these and other contingencies- such as compensation for furnishing many of the pre-opening and on-going services to the franchisee- should be covered in the area representation agreement.
Determining Your Priorities
At its core the decision to open a franchise isn’t a trivial decision. You are making a serious investment, but if you take all of the factors into account it can be an amazing one. But before you get there you need to sit down, analyze your needs, capabilities and limitations in relation to a franchise business. This could take a few days to consider or a few weeks or months. In either case, it is one of the most important steps in the franchising process, so don’t skip it.
Top Five Business Ideas for 2015
One of the things that makes Americans unique is that all of us have a bit of entrepreneurial spirit. Our country was built by people like yourself, who were ready to open their own business and become the economic leaders of tomorrow.