Mod Pizza is a fast-casual restaurant offering artisan pizzas, salads, and desserts. The franchise allows customers to create personalized, made-to-order pizzas in a fun and inviting atmosphere.
Key Insights
- Mod Pizza began with a vision to create a place where people could gather and enjoy freshly made pizzas, offering a variety of toppings and sauces for customization. The business has expanded significantly since its inception, establishing a presence across numerous locations and building a loyal customer base through its unique approach to fast-casual dining.
- The franchise operates on a model where customers can design their own pizzas with unlimited toppings at a set price, served from a high-heat oven in a short amount of time. This streamlined process emphasizes speed, quality ingredients, and a welcoming atmosphere for every guest.
- The business is part of the fast-casual restaurant sector, a segment experiencing ongoing growth as consumers seek convenient, high-quality food options. Mod Pizza contributes to this market by providing a personalized and efficient dining experience in a competitive landscape.
Franchise Fee and Costs to Open
Exploring the financial picture of Mod Pizza gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $891,644 - $1,193,006, along with a franchise fee of $30,000 - $30,000.
Financial Performance and Revenue
Yearly gross sales of $1,166,008 and estimated earnings of $139,921 - $174,902 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 7.1-9.1 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
MOD Pizza provides a comprehensive training program for new franchisees. This program includes an initial training period of two weeks, typically held at a corporate-owned MOD Pizza location. MOD Pizza offers extensive resources covering operational procedures and brand standards. Franchisees are provided with a detailed operations manual and ongoing support.
Legal Considerations
Legal considerations for a Mod Pizza franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a Mod Pizza-style franchise involves navigating a competitive local market, requiring a keen understanding of consumer preferences. The build-your-own model introduces operational complexity, demanding efficient kitchen processes and consistent staff training. Reliance on a centralized supply chain for specific ingredients, while ensuring quality and brand consistency, can present logistical considerations for ensuring timely delivery and managing inventory levels effectively.
Franchise Datasheet
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