Peter Piper Pizza Franchise Cost & Profit Opportunity Review

March 27, 2019


So you have a great idea to start a new business. But not just any kind of business. A franchise business. A business that is well-established and ready to run. But wait; where do you begin? Good question.

 

It’s time for research, my friend. Take a look deep inside of yourself and think about what you are most passionate about. Is it food? More importantly; is it pizza? Because if it is, I have the ultimate franchise opportunity for you to check out.

 

Peter Piper Pizza is a business that has been around for decades and isn’t slowing down any time soon. Which is one of the reasons as to why this makes for such a great franchise opportunity. That and the fact that it’s pizza. Come on. Who doesn’t love pizza and games?

 

This establishment offers both. And it’s an entirely different experience than the normal pizza shop. Making it more inviting and exciting for people of all ages. Making even more possible for you to have a successful business.

 

You have the opportunity to bring an extremely fun experience to your neighborhood. And give kids the potential to have an amazing birthday party experience as well. It could be the start of something big for this new journey in your life.

 

But do you have what it takes? Does Peter Piper Pizza even meet the expectations that you have for a franchise business? There could be a few things that stop you from choosing this business. Or, it could end of being the perfect new business for you.

 

Let’s take a step inside and check out the details on this franchise opportunity. So that you can make your decision based on the facts. And an honest opinion, of course. But in the end, the decision will be yours on whether or not to pursue this business opportunity. Let’s get started.

Trusted and Tasty Pizza

While some pizza parlors only offer pizza and other side foods, Peter Piper Pizza offers the full experience with games, fun, and parties. And it’s been that way since 1980 when they decided to add games to the restaurant. Since opening the pizza restaurant in 1973, Peter Piper Pizza has had a booming amount of growth and excitement.

You can now enjoy this amazing pizza restaurant as a party environment, fun night out with the family, or during the week for an endless lunch buffet. Hello, endless pizza!

 

This company ensures that its customers receive the ultimate experience no matter what age they are. You’ll find entertainment for kids and adults. And at specific locations, there is even a little play center for Tots. Does it get any better than that?

 

I’m glad you asked. At Peter Piper Pizza, they offer superior birthday party entertainment. So when you book a party with them, you can enjoy a stress-free party for your children without worrying about the cleanup and food. They take care of it all.

 

Party guests can enjoy hours of entertainment with video games that require skill or games that just require fun.

 

That’s what I call the full experience. This pizza place is unlike any of its kind. And when you choose to purchase a franchise unit through them, you have the opportunity to join in on the fun as a business owner for this exceptional establishment.

 

Are you ready to find out more about what makes this franchise opportunity so phenomenal? Let’s dive into the details.

Here’s the Rundown

Each franchise opportunity has different statistics and perks that you will have to check into before making any final decisions. And it’s important tat you go through the pros and cons of each business that you are interested in. As for the Peter Piper Pizza franchise, there are quite a few details that I’m sure you will appreciate. And they are pretty awesome.

 

The growth alone hasn’t been too extreme for this company, but the turnover rate shows us that there hasn’t been too many closings. So that’s always a plus. Especially for the length of time this business has been offering th franchise opportunity. Since 1977 when they first began offering the opportunity, Peter Piper Pizza has been experiencing a decent amount of growth.

 

In 2010, the company had a total of 100 franchise locations operating. By the end of 2015, the company grew to have 110 franchise locations. Although it’s only an increase of 10 units, it’s still a decent growth.

 

And since the turnover rate can indicate whether or not the company is in good health, we have to check that out as well. Which in this case, it seems to be showing good health of the company. With a 1.89 turnover rate, it could give us the idea that there may not have been too many terminations, transfers, or non-renewals of the agreement. However, to find out the full details and reasoning behind this rate, it’s important to ask the company for the reasoning behind the closings.

 

But it can’t be that bad. Considering this company offers a decent level of financial transparency. As a franchise owner for Peter Piper Pizza, you will receive data on detailed expenses, system-wide average revenue information, and a variety of other metrics that are related to this industry.

 

You will also receive the proper training and support to help you get started in your new business. Including both on-the-job and in-class training. With this training, you can expect to learn the ins and outs of the business and how to properly train your employees as well. This is extremely helpful for both new and advanced entrepreneurs.

 

Because even if you already own a business or franchise business, each company is different in the way they run things. So this way, you have a better understanding of how it works and everyone remains on the same page.

Franchise Requirements and Fees

If the opportunity knocks, will you open the door? Or does it depend on the cost alone? If it’s the fees and investment that holds you back from an opportunity, then owning a business may not be the best route for you to take. Because, after all, it does take money to earn money, right?

 

With this franchise opportunity, it’s no different. In fact, your first initial franchise fee will be $40,000 due at the signing of your term agreement. And that term agreement will be a full 10 years. With the option to renew for another 10 years if you should choose.

 

During those 10 years, you will also be responsible for ongoing fees that will be based on your gross revenue. A 5% royalty fee and a 6% advertising fee will be required. And although the royalty fee is about average, the advertising fee is a bit higher than what the competitors are asking for. But don’t let that deter you.

 

Because when you purchase a franchise through Peter Piper Pizza, they give you the rights to your specific territory location. Talk about great benefits. Especially considering that there are some companies that won’t provide you with any rights.

 

So, by the time everything is said and done, you will have invested anywhere between $1,567,500 and $1,862,500. Yes; it’s pretty high. But that number can vary due to the specific location along with other factors. And although this company does not have finance options available for you, you can look elsewhere to receive lending help if needed.

My Take on It

Although every company and its franchise opportunity may differ, they all usually have the basics. However, some opportunities are extremely worth it. While others are just plain risky business. When it comes to the Peter Piper Pizza franchise, it’s looking like this opportunity is one of the better ones.

 

The growth is healthy and steady. And the company has been around for quite a few decades. Making it already well-established. And looking at their turnover rate, it seems that some of the previous franchise owners have had a good experience as well.

 

Overall, this company has a great concept. Great pizza, fun and games, family and party entertainment, and a pizza buffet. It’s what so many individuals seek when looking for a fun night out with the family.

 

So, I can imagine that this would make a successful business. Even though there is no certain way to indicate whether or not you personally would experience success. However, it looks as if others have been decently successful.

 

Especially since the company has been in business for so long. And that’s one thing that you want to look for in a company. The length that they have been in business and how well they have been doing.

 

But in the end, Peter Piper Pizza seems to be a great opportunity for the price. Although it may be a high investment. There are many ways to earn profits with this business through food, games, and birthday parties.

Take it Home

There can be many factors that go into your choice of franchise opportunities. Whether or not they offer cetain benefits. Or if the price is too high. And most definitely, if the company seems like it’s already in poor health. Certainly, there is a lot more that goes into your decision-making.

 

But, you obviously can’t make a decision on the fly. After all, this is a life-changing decision. And you want to ensure that it’s the right one. So that you have no (or little) regrets.

 

But, honestly, if you are looking for a franchise opportunity in this industry, Peter Piper Pizza is a fantastic one. It’s one that you can feel confident in if you chose it. Because it’s a fun and exciting experience for all ages. And it’s not just a traditional pizza parlor. This pizza parlor is a big party as well.

 

And although the investment can get a bit high, the profit you make may definitely worth it. Especially since you can gain profit in many different ways through owning this business.

 

So, if you feel that you have what it takes to become an owner for Peter Piper Pizza, then get in touch with the company. Make sure they answer all of your questions and leave nothing out. So that you can get started on your new journey. And add a little fun and excitement to your neighborhood.

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