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General

Industry

Food and Beverage

Category

Pizza

Works with Franchise Brokers

Yes

Year of Founding

2015

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$15,000-$49,500

Investment Range

$193K-$683K

Location units

Total U.S. Locations

3

U.S. Franchised Units

3

U.S. Corporate Units

N/A

Headquarters (City)

St. Petersburg

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2015

Issuance of FDD Data

08/16/2021

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$193K-$683K

Franchise Fee

$15,000-$49,500

What to know about Smokin' Oak Pizza franchise?

Franchisor franchises the right to operate a“Smokin’ Oak Wood-Fired Pizza”restaurantthat (a) offers wood-fired pizza and other menu items primarily baked in a wood-fired oven, along with beverage itemsfordine-in ortakeout, and (b) operates using certain proprietary marks and a business operations system developed and designated by franchisor (each, a “Restaurant,”“Business,” or “Franchised Business”).

Smokin' Oak Pizza is based in St. Petersburg, FL. Scroll down to learn more!

How much does a Smokin' Oak Pizza franchise cost?

Are you wondering how much is a Smokin' Oak Pizza franchise? Before starting a Smokin' Oak Pizza franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Smokin' Oak Pizza franchise is $193,000 and can go all the way up to $682,800. Keep in mind, you should also allocate additional funds to live off of while the Smokin' Oak Pizza business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Smokin' Oak Pizza franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Smokin' Oak Pizza business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Smokin' Oak Pizza franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Smokin' Oak Pizza. Hotels to the Pizza, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2018 1 0 0 1
2019 1 0 0 1
2020 1 3 1 3

Additional Details

How much does a Smokin' Oak Pizza franchise owner make?

Smokin' Oak Pizza franchise earnings and revenue can vary significantly from one franchisee to another.
The Smokin' Oak Pizza franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Smokin' Oak Pizza discloses financials at the unit level. In other words, they show how much Smokin' Oak Pizza franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Smokin' Oak Pizza franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Smokin' Oak Pizza. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Smokin' Oak Pizza owners were making.

Visit the Smokin' Oak Pizza metrics tab to explore the financials for this business.

What is the Smokin' Oak Pizza franchise fee?

Owning a Smokin' Oak Pizza franchise requires 6% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Smokin' Oak Pizza Franchise Disclosure Document

Keep in mind, there is also an initial Smokin' Oak Pizza franchise fee of $15,000 that is included in the initial investment amount of $193,000 to $682,800. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Smokin' Oak Pizza franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Smokin' Oak Pizza franchise fee of $15,000.

Visit the Smokin' Oak Pizza metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Smokin' Oak Pizza founded?

Smokin' Oak Pizza started offering franchises in 2015. Smokin' Oak Pizza was founded 7 years ago in 2015.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Smokin' Oak Pizza locations are in the U.S.?

As of 2021, there were 3 locations across the U.S. There are also 0 corporate locations. Most Food and Beverage franchises like Smokin' Oak Pizza have more franchised locations than corporate locations.

How many Smokin' Oak Pizza franchises opened over the past few years?

Over the prior 3 years we have data for, Smokin' Oak Pizza has opened 3 outlets throughout the U.S. Visit the Smokin' Oak Pizza metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Smokin' Oak Pizza franchises closed over the past few years?

Over the prior 3 years we have data for, Smokin' Oak Pizza has closed 1 outlets throughout the U.S

Visit the Smokin' Oak Pizza metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is Smokin' Oak Pizza growing? Are they opening more locations than they are closing?

The net unit growth rate for Smokin' Oak Pizza over the past 3 years is 200%. Over the last year we have data for, Smokin' Oak Pizza had a net unit growth rate of 200%.

Without a comparison, this number doesn’t mean much. Compare how the Smokin' Oak Pizza growth rate compares to 2,000+ other franchises and Industry franchises like Smokin' Oak Pizza. More info in the Smokin' Oak Pizza metrics tab.

Is Smokin' Oak Pizza franchise eligible for an SBA Loan?

Smokin' Oak Pizza is not eligible for SBA loans including the 7(a) loan last time we checked.

Smokin' Oak Pizza franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Smokin' Oak Pizza that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Smokin' Oak Pizza a franchise in the United States?

According to the SBA, Smokin' Oak Pizza meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Smokin' Oak Pizza provides you with an FDD if you are in discussion to buy a Smokin' Oak Pizza.

What is the Smokin' Oak Pizza Franchise for Sale Rate?

The Smokin' Oak Pizza systemwide health and franchisee satisfaction can be measured by the Smokin' Oak Pizzafranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Smokin' Oak Pizza franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Smokin' Oak Pizza had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Smokin' Oak Pizza franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Smokin' Oak Pizza. More info in the Smokin' Oak Pizza metrics tab.

What is the Smokin' Oak Pizza Franchise Failure Rate?

Smokin' Oak Pizza franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Smokin' Oak Pizza failure rate over the past 3 years is 33%. Over the last year we have data for, Smokin' Oak Pizza had a franchise failure rate of 33%.

Without a comparison, this number doesn’t mean much. Compare how the Smokin' Oak Pizza franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Smokin' Oak Pizza. More info in the Smokin' Oak Pizza metrics tab.

How can I find out more details on Smokin' Oak Pizza franchise?

Visit the Smokin' Oak Pizza metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Smokin' Oak Pizza

$437,900

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Smokin' Oak Pizza

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Smokin' Oak Pizza

$32,250

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Food and Beverage

Category

Pizza

Works with Franchise Brokers

Yes

Year of Founding

2015

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$15,000-$49,500

Investment Range

$193K-$683K

Location units

Total U.S. Locations

3

U.S. Franchised Units

3

U.S. Corporate Units

N/A

Headquarters (City)

St. Petersburg

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2015

Issuance of FDD Data

08/16/2021

Detailed Franchise metrics for Smokin' Oak Pizza

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Smokin' Oak Pizza below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Smokin' Oak Pizza

200%

200%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Smokin' Oak Pizza

N/A

0%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Smokin' Oak Pizza

N/A

33%

Industry median

All franchises median

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Business details

Website

https://www.smokinoakpizza.com

Business email

f********@smokinoakpizza.com

Mailing address

200 2ndAve. South, #464

State headquarters

Florida

Contact Name

Smokin' Oak Pizza

Phone

+1 (000) 0********00

City

St. Petersburg

Zip code

33701
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