Oath Pizza is a fast-casual pizza chain known for thin-crust pizzas with creative toppings like mac and cheese and pulled pork. The franchise focuses on delivery and takeout with limited dine-in seating.
Key Insights
- Oath Pizza began with a commitment to crafting pizzas with wholesome ingredients, evolving into a concept that prioritizes quality and customer experience. The business focuses on offering a delicious and accessible dining option, establishing a loyal customer base through its consistent product.
- The franchise operates through a streamlined model designed for efficiency, emphasizing speed of service and a user-friendly ordering process. This approach allows for consistent execution across locations, ensuring a familiar experience for patrons.
- Operating within the fast-casual dining sector, the business taps into a market segment known for its growth and consumer demand for convenient, quality meals. This industry is characterized by its adaptability and focus on providing value.
Franchise Fee and Costs to Open
Exploring the financial picture of Oath Pizza 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 $239,000 - $590,000, along with a franchise fee of $30,000 - $30,000.
Financial Performance and Revenue
Yearly gross sales of $295,645 and estimated earnings of $35,478 - $44,347 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 10.9-12.9 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Oath Pizza provides comprehensive training for new franchisees. Initial training, lasting two weeks, occurs at their headquarters. This program offers extensive operational knowledge and brand immersion. Oath Pizza recommends franchisees utilize provided marketing materials and operational manuals to support their business launch and ongoing success. These resources aim to equip franchisees with the tools for their new venture.
Legal Considerations
Legal considerations for a Oath Pizza franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating an Oath Pizza franchise involves navigating local market dynamics, where established competitors may already cater to consumer preferences. Successfully managing daily operations requires consistent adherence to brand standards for food preparation and customer service. A reliance on specific suppliers for key ingredients presents a consideration for maintaining product quality and availability.
Franchise Datasheet
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