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Boston Pizza is a Canadian-based restaurant and sports bar brand in business for more than 45 years. Known as BP in Canada, and as Boston’s Restaurant and Sports Bar in the United States, Boston Pizza offers casual dining with more than 100 menu items, including gourmet pizzas made with the restaurant’s signature hand-pressed dough, as well as pasta dishes, burgers and sandwiches, main meat entrees, salads, sides, and desserts. Boston Pizza targets a clientele of families, business groups, and individuals of all ages, offering big-screen TVs in its sports bars, and always-great service with a smile. Most Boston Pizzas also feature an outdoor patio dining area. More about the cost of owning a Budget Boston Pizza franchise is below.
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Liquid capital required
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$500,000
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Net worth required
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$1,500,000
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Investment
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$1,800,000 - $2,200,000
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Franchise fee
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$50,000
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Royalty
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5.0%
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Units in operation
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360
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Boston Pizza is Canada’s Number One casual dining franchise and has more than 340 locations across the country, exceeding $853 million in sales in 2010. The restaurant company is seeking talented entrepreneurs to open Boston Pizza franchises, offering flexible partnership arrangements. Unlike most restaurant franchising companies, Boston Pizza notes that prior restaurant experience is not mandatory for potential franchisees.
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Boston Pizza Franchise Opportunities – History
Boston Pizza was founded in 1964 by Greek immigrant Gus Agioritis, who opened his first Boston Pizza and Spaghetti House in Edmonton, Alberta, Canada. By 1970, he had expanded his brand to 17 locations in Western Canada, with 15 franchises. Today, there are more than 335 Boston Pizza restaurants across Canada. In 1998, the Boston Pizza franchise crossed the border into the United States, as Boston’s, with headquarters in Dallas, Texas. Boston has 51 locations in the United States and three locations in Mexico.
How Much Does It Cost To Own A Boston Pizza Franchise?
Income
The franchise fee for a Boston Pizza restaurant location is $60,000, with a total initial investment of $1.5 million to $2.4 million. A royalty fee of 7% of gross monthly receipts is paid to the company, in addition to an advertising fee of 2.5-3%.
Boston Pizza Franchise Business Opportunities: Other Information
One of the first Boston Pizza franchises was opened by Royal Canadian Mounted Police Officer Jim Treliving, in Penticton, British Columbia, in 1969. Treliving teamed with his accountant George Melville to open 16 more restaurants, then in 1983, acquired the Boston Pizza chain, and has continued to expand. In 1986, Boston Pizza was the official pizza supplier for Expo 86 in Vancouver.
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Boston Pizza is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $1,000,000.
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