Pie Five Restaurants is a quick service pizza chain known for fast casual dining with custom-made pizzas ready in about five minutes. The franchise also serves salads, wings, and desserts to complement its menu.
Key Insights
- Pie Five Restaurants emerged with a vision to revolutionize the personal pizza experience, focusing on speed, quality, and customizable options. The business has built its foundation on providing a fast-casual dining model that caters to the modern consumer's demand for quick, fresh, and individually tailored meals.
- The franchise operates on a build-your-own concept where customers select their crust, sauces, cheeses, and toppings, with pizzas baked in an express oven in mere minutes. This efficient preparation and service model is central to the business's operational strategy, ensuring a consistent and rapid customer experience.
- Pie Five Restaurants participates in the fast-casual dining sector, a segment of the broader food service industry characterized by a focus on higher quality ingredients and a more upscale atmosphere than traditional fast food. This industry continues to grow, driven by consumer preferences for convenient, yet wholesome meal solutions.
Franchise Fee and Costs to Open
Exploring the financial picture of Pie Five Restaurants 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 $392,500 - $891,000, along with a franchise fee of $30,000 - $40,000.
Financial Performance and Revenue
Training and Resources
Pie Five Restaurants provides comprehensive support for new franchisees. Initial training spans two weeks, conducted at their corporate headquarters in Dallas, Texas. This program offers hands-on experience in all aspects of restaurant operation. Pie Five also provides access to a robust library of operational resources and ongoing guidance to support franchise success.
Legal Considerations
Legal considerations for a Pie Five Restaurants franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee entering the Pie Five model might encounter considerations such as navigating a competitive local landscape with established pizza providers. The operational complexity of maintaining a streamlined build-your-own pizza process, from ingredient freshness to service speed, requires diligent management. Additionally, reliance on specific supply chains for unique ingredients could present logistical hurdles, emphasizing the importance of consistent supplier relationships.
Franchise Datasheet
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