Oggi's offers pizza, pasta, burgers, and other Italian-American dishes in a full-service restaurant setting. The franchise provides a comfortable dining experience with quality ingredients, craft-brewed beers, and an extensive menu catering to a wide variety of tastes.
Key Insights
- Oggi's began as a local pizza parlor, evolving over time into a recognized brand known for its diverse menu, including popular pizzas and a selection of craft beers. The business has grown to include multiple locations, establishing a presence within its operating communities.
- The franchise model centers around a streamlined operational system designed for efficiency, allowing for consistent product delivery and customer experience across all units. Franchisees benefit from a proven framework for managing daily operations.
- Operating within the competitive casual dining and pizzeria sector, Oggi's offers a familiar and appealing concept to consumers. The industry is characterized by its consistent demand for convenient and quality food offerings.
Franchise Fee and Costs to Open
Exploring the financial picture of Oggi's 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 $990,000 - $1,962,000, along with a franchise fee of $50,000 - $50,000.
Financial Performance and Revenue
Yearly gross sales of $2,282,275 and estimated earnings of $159,760 - $228,228 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 8.1-10.1 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
Oggi's provides comprehensive initial training for new franchisees. This program offers a blend of classroom instruction and on-site learning. The initial training period spans two weeks and takes place at Oggi's headquarters. Oggi's also offers resources to support ongoing business development.
Legal Considerations
Legal considerations for a Oggi's 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
A franchisee will consider local market competition, understanding the density of similar establishments and their offerings. Operational complexity involves managing staffing, inventory, and adherence to brand standards. Reliance on specific supply chains presents a consideration regarding ingredient availability and cost fluctuations, impacting menu consistency and profitability.
Franchise Datasheet
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