Franchise Requirements and Fees

Pier 49 Pizza's net worth and capital requirements for new franchisees are as follows:

1 Restaurant

Minimum net worth of $200,000 and $250,000 in liquid assets or
available financing for each restaurant.

2 - 5 Restaurants

Minimum net worth of $500,000 and $250,000 in liquid assets
or available financing for each restaurant.

6+ Restaurants

Minimum net worth of $1,000,000 and $250,000 in liquid assets
or available financing for each restaurant.

*These are minimum requirements and do not represent the total potential costs
to open and operate one or more Pier 49 Pizza restaurants.

Additional franchisee qualifications and requirements include:

• The prospective franchise group should have at least one partner with some business background and one partner who qualifies as the General Manager of daily operations.
• The General Manager must live in the area to be developed.
• The General Manager should have some prior fast food management experience.
• A Personal Financial Statement must be submitted for each member of the proposed franchise group and a resume must be submitted for the General Manager candidate.

Franchise Fees

• The initial franchise fee is $25,000 per license.
• An ongoing royalty fee of 5% of net sales is due by automatic bank withdrawl on a weekly basis.
• An ongoing advertising royalty* of 2% of net sales is due by automatic bank withdrawl on a weekly basis. Pier 49 Pizza highly recommends that an additional 2 - 5% of net monthly sales be spent by each franchisee for marketing purposes.

*Pier 49 Pizza's Franchise Offering Circular includes more detailed information regarding marketing and advertising fees.

*THESE FRANCHISE REQUIREMENTS DO NOT CONSTITUTE AN OFFER TO AWARD A FRANCHISE. SUCH AN OFFER MAY BE MADE ONLY IN COMPLIANCE WITH APPLICABLE DISCLOSURE LAWS, IF ANY.

Click here to view our Potential Franchisee Request for Consideration.