Old Chicago Pizza & Taproom is a casual dining restaurant serving pizza, pasta, burgers, and a wide selection of local and craft beers. The franchise promotes a neighborhood pub atmosphere with loyalty programs.
Key Insights
- Old Chicago Pizza & Taproom began with a vision to create a unique dining experience focused on craft beer and authentic Chicago-style pizza, establishing a strong presence in the casual dining sector. The business has cultivated a loyal customer base by offering a distinctive menu and a lively atmosphere.
- The franchise operates as a full-service restaurant and bar, emphasizing a wide selection of beers on tap paired with a specialized pizza menu. Patrons can enjoy a variety of handcrafted pizzas, appetizers, and other comfort food options in a relaxed, social environment.
- The business is positioned within the robust casual dining and craft beer industry, which sees sustained consumer interest in diverse culinary offerings and beverage experiences. This sector benefits from ongoing trends in experiential dining and a growing appreciation for quality food and drink pairings.
Franchise Fee and Costs to Open
Exploring the financial picture of Old Chicago Pizza & Taproom 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 $1,417,500 - $2,876,000, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Yearly gross sales of $2,506,024 and estimated earnings of $175,422 - $250,603 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 10.6-12.6 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
Old Chicago Pizza & Taproom provides comprehensive training for new franchisees. This program offers in-depth instruction covering operational procedures and brand standards. The initial training period lasts for four weeks and is conducted at the Old Chicago corporate headquarters. The franchisor also offers ongoing support and access to a library of resources.
Legal Considerations
Legal considerations for a Old Chicago Pizza & Taproom franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Franchisees might navigate varied local market competition for casual dining and craft beer. Managing a broad menu and a dynamic tap list presents operational complexity. Reliance on specific suppliers for pizza ingredients and craft beer availability introduces supply chain considerations, requiring careful relationship management and contingency planning.
Franchise Datasheet
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