Ready for your own slice of the Pi?
Now is the time to join an emerging brand on the ground floor. Pioneer in your area before it sells out! There are so many benefits to opening a Pi-Squared Pizza Restaurant, including low start-up costs, proprietary dough recipes (we take the guesswork out for you!), fast casual concept resulting in low operating costs, access to our preferred vendors, and more!
What is the standard franchise fee?
There is an initial franchise fee of $20,000 for your first location. A reduced franchise fee will be offered for additional locations.
What will I pay in royalty fees for owning a Pi-Squared Pizza restaurant?
For the first year of operation, royalty fees will consist of 4% of gross revenues. For the remainder of the term, royalties will equal 4.5% of gross revenues.
Are there any marketing/advertising fees I have to pay?
There is a System Advertising Fee of ½% of gross revenues for system-wide advances to benefit all stores. In addition, a minimum of $3000 per quarter must be attributed to local advertising, starting immediately once your restaurant is open for operation.
What are the minimum financial requirements to own a Pi-Squared Pizza restaurant?
You should have a minimum net worth of $500,000, with $250,000 in liquid assets.
What is the total investment associated with opening a Pi-Squared Pizza restaurant?
Your total investment will depend primarily on the size of restaurant you build, the geographical area, as well as other various factors, and can range between $372,000 and $691,000.
How long will it take to open my franchise?
From the time you sign the initial agreement to the opening of your restaurant, the process should take about 4-6 months. This can vary, depending on many factors of the build-out process.
Will you help me find a site for my franchise?
Yes, we will work with you to help you find the best possible location in your area.
Will you provide training before/after opening?
Yes, you will spend at least four weeks at one of our Corporate locations for on-the-job training before your store opens. After opening, we will spend 4 – 7 days in your store for additional training and assistance.