FAQs
FAQs
- How much does it cost to open a new store?
- The typical cost of a new store is £190,000.
- Do you provide funding, or do I need to go to the bank myself?
- We do not provide in-house funding, however we do have good working relationships with most of the High Street Banks Franchise Departments. Each application is considered on its own merits.
- If I buy a trading store can you provide Profit & Loss accounts?
- No, if you decide to purchase an existing store you will be dealing with the current owner who has the responsibility to provide you with trading accounts and Profit & Loss information. We will make every effort to help you analyse this information and understand how the business operates.
- I do not have any experience of running a Pizza business, does that matter?
- We provide comprehensive training both at our training centre in Staffordshire and in one of our approved training restaurants.
- Why do I have to pay a Franchise Fee?
- The Franchise Fee covers the cost of training you as a new operator, helping with setting up your business and giving you the additional support you will need. It also covers the legal cost of drawing up the agreement and documentation relating to the purchase.
- What about ongoing royalties?
- Royalties are based on net sales, after VAT and discount vouchers. Currently these are 5% royalty and an additional 5% towards the marketing fund.
- What happens when I want to sell the business?
- When the time comes to sell your business we will help you do so, once a price has been agreed. We will advertise it and interview prospective purchasers.
- I do not want to run the business myself, can I employ a manager?
- Many of our stores are run under management, and we help franchisees by monitoring standards and giving feedback as required to ensure our high standards are maintained.
- What support do I get after the initial training period?
- Our team of Regional Managers are there to help you develop your business and grow sales. They also keep an eye on the competition in your area so can act as fresh pair of eyes on your behalf.
- What input do I have into marketing?
- We listen to our franchisees and value their feedback. We also have an advisory council of franchisees who meet on a regular basis.
- Who decides what price I sell my products for?
- You have the option to decide what price band you wish to fit into, we then print your menus accordingly, and ensure the website has the correct information for your postcodes.
- How much money do I need?
- That depends on your personal circumstances, but typically the banks would expect you to have 50 - 70% of the set up cost, or purchase price if buying an existing store.