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Straw Hat Pizza

Franchise

Straw Hat Pizza is identifiable with its upbeat and fun atmosphere. Strategically located in the heart of a community, the restaurants are local gathering hubs for families, sports teams and business meetings. The restaurants use only fresh, locally-grown ingredients; many locations feature video game arcades and TVs to add to the family fun. Straw Hat Pizza was founded in 1959; in 1987, competitor Pizza Hut purchased all the company-owned locations, but the Straw Hat franchisees banded together and won the right to continue the brand. A lower-cost concept called Straw Hat Express is also available, and the franchisor has just launched Straw Hat Grills -- a larger, full-service eatery serving pasta, steak, ribs and burgers in addition to pizza.

Facts & Figures

Liquid capital required
$100,000
Net worth required
$250,000
Investment
$150,000 - $500,000
Franchise fee
$25,000
Units in operation
58

Overview

To open a location, you should have $100,000 available as liquid capital. Straw Hat Pizza expects new franchisees to have a net worth of at least $250,000. The lowest you can expect to invest is $150,000 if you want to become a franchisee. The high end of the total investment required to open a franchise is $500,000. New franchisees can expect to pay a $25,000 franchise fee for the rights to open their own location. There are currently 58 Straw Hat Pizza units in operation.

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