1000˚ Degrees Pizzeria Franchise Review (2020)
1000˚ Degrees Pizzeria FranchiseA franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model, brand and rights to sell its products and services. The franchisee signs a contract (franchise agreement) with the franchisor to acquire the franchise and generally has a territory granted to operate…. Review (2020)
Franchise Background
1000 Degrees is a fast casual pizza that serves thin crust Neapolitan style brick oven pizza, Roman style thick crust, fire roasted wings, and create your own salads. At over 1000 degrees, their oven rotates the pizzas directly across the flames in just about 2 minutes. With such extreme heat, and fast cooking times, quality cheeses, sauces, meats and veggies maintain their true taste
The crust is cooked throughout with a mild char just like in the old country, made from genuine “type 00 neapolitan style″ flour. At 1000 Degrees they use use the freshest veggies, fresh vine ripe tomatoes, and the highest quality meats, which is why their customers rave about how their pizza is the best in the business
1000 Degrees Franchise Video
Grand Opening Video – Bradenton, FL
Management Team
An accomplished entrepreneur, Brian Petruzzi owns and operates five companies in several distinct industries. He most recently establishedThe year a Business for Sale was established. If the business has been running for a minimum of ten years, Vetted Biz will qualify the business for sale as a “Well-Established Business.”… 1000 Degrees Neapolitan Pizzeria in 2014, which has since expanded from its home base in Galloway, New Jersey, to include locations across the state. Brian Petruzzi also has overseen the company’s expansion into California and Connecticut, as well as its evolution into a global company. In March 2015, the pizzeria opened its first international location in Kuala Lumpur, Malaysia Brian Petruzzi continues to lead 1000 Degrees Neapolitan Pizza’s focus on fresh ingredients, authentic taste, and a unique customer experience. He oversees the acquisition of top-quality cheeses, flours, and meats as well as local vegetables. Under his direction, the company has crafted a menu that includes build-your-own pizzas and salads as well as classic recipes, Neapolitan Fire Roasted Wings, and other signature optionsFranchise Fast Food Industry Industry Analysis
Franchise Strengths
Very experienced franchise management team that has opened up locations in a wide variety of states
Use of high quality ingredients leads to a superior tasting and healthier product that is evident to consumers
Strong gross margin business
Differentiated product offering at an affordable price point baked quickly through an innovative baking process
Franchise Weaknesses
Location and site selection are quite important in dictating the success of the business
Margins have the potential to be eroded due to changes in price of ingredients and / or increase in labor costs
Many pizza competitors exist which can make it difficult for the consumer to differentiate
Fast Food Industry Franchise Opportunities
Opportunity to grow with an emerging yet experienced franchisor that is rapidly growing all over the U.S.
Huge industry that is continuing to grow – the pizza industry is worth over $38bn a year in the U.S.
93% of Americans go out for pizza or buy grocery-store pizza at least one a month(1)
Opportunity to differentiate from competitors through quick service pizza at an affordable price point. Also offers gluten-free products
Threats in the Fast Food Industry Franchise Market
Operating in a large, competitive market
Potential for more consumers to choose to cook and eat meals at home
Potential for food tastes to change and failure to adapt to those changes
Profits can be negatively impacted due to close proximity of a similar competitor
1000˚ Degrees Pizzeria Franchise Cost (2020 FDD)
Estimated Initial Investment
According to Item 7 of 1000 Degrees 2019 FDD
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