Godfather's Pizza is a privately-owned company that franchises most of its restaurant outlets. It specializes in serving traditional pizzas along with sides such as wings, garlic bread, and cheesesticks. It also offers gluten-free pizzas for order online. Franchisees can choose a traditional stand-alone restaurant location or a non-traditional outlet such as military bases, toll plazas, and university student centers. Godfather's has enjoyed growth into these non-traditional markets as the company has promoted its express pizza program, partnering with companies such as Hucks Convenience Stores.
Godfather's Pizza is not even close to saturation in certain markets with states such as Massachusetts, Rhode Island, Pennsylvania, and Idaho having no locations. Other states such as South Carolina and Louisiana have less than a handful of restaurants. This means for an entrepreneur with vision, there are many opportunities to secure a prime site. The company's interest in express pizza also lends itself to creative spaces and a wider market share.
Another attractive aspect of Godfather's is the different levels at which you can enter the business. The fee for a full-service restaurant is up to $25,000, a delivery/carryout location is up to $15,000, while a unit in a convenience store or other non-traditional location will cost you up to $7,500. This is an excellent price point for an established restaurant chain. For veterans the deal is even sweeter as Godfather's offers a 50% discount on the initial franchise fee. The breakdown costs for different levels of ownership are as follows:
Full service restaurant – Franchise fee $25,000, total investment $457,200-$834,500
Delivery/Carryout – Franchise fee $15,000, total investment $264,700-$551,000
Non-traditional location – Franchise fee $7,500, total investment $117,600-$331,000
Existing company location – Franchise fee $25,000, total investment $152,950-$533,300
This franchise is a good choice for anyone who loves pizza and the traditionally laid-back culture associated with it. Pizza parlors are often the neighborhood hang-out, so entrepreneurs who enjoying being part of a community are a good fit for this brand. They also need to have $100,000 in liquid assets and $200,000 in capital plus one year of restaurant operating experience.
Training And Support
Training is offered in Omaha, Nebraska at the cost of $500 per person for a traditional location and $250 per person for a non-traditional location in addition to food and lodging.
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