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Jason Rager is President of Franchise Analyzer.

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Friday
Apr302010

The Italian Pie Franchise

Casual Italian dining

Start-up Costs & Franchises Fees

What is the total cost to open a The Italian Pie Franchises?

Total Cost: $251,500-$361,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years

Contact Information for The Italian Pie

The Italian Pie Franchise LLC
1923 Corporate Square Dr., #D
Slidell, LA
70458

Phone Number: (985)643-1113
Fax Number: (985)643-6330

Franchise Homepage:

The Italian Pie In the Press

No results at this time.

Historical Expansion

In what year did The Italian Pie begin operations? 1994
When did The Italian Pie begin selling franchises? 1995

Year United States Canada International Corporate
2005 24 0 0 2
2004 23 0 0 2
2003 19 0 0 4
2002 13 0 0 3
2001 7 0 0 5

Future Expansion

United States: Alaska, Alabama, Florida, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas,

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training & Support

Training
Various programs
Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support

Franchise Operation Restrictions

Franchise business owners required to buy multiple units/master licenses; 100% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 30

Absentee ownership of this franchise business is not available to new franchisees. (75% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:
  • Industry experience
  • General business experience
  • Sales & marketing experience
  • Franchise Analyzer Professional's Inside Information

    Can you buy this franchise for no money down? Yes
    What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
    Can you negotiate lower royalties during start-up? Yes
    Can you purchase multiple franchises for a discounted franchise fee? Yes
    Can you receive lower advertising fees? Yes
    Will I know when the franchise break even? Yes
    Will my personal assets including my home be safe in case my franchise business fails? Yes
    Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.