Franchising a business is a huge responsibility. And it shouldn’t be taken lightly. Sure, you won’t have to build an entire business from the ground up on your own. But you are going to be held responsible for owning and operating a piece of someone else’s business that they worked hard to grow.
So, it’s crucial that you make the right choice when deciding on your new business opportunity. Is the industry one that you have a lot of knowledge and interest in? Does the company meet your expectations? Be sure to have a list ready of everything you are looking for in a perfect business and try not to settle for anything less.
If you are searching for something in the food industry, then I can tell you that pizza restaurants are a great way to go. I mean, who doesn’t love pizza? It’s the ultimate lazy day, comfort food.
And today, we are getting into the details on a company known as ZPizza. They have been operating since the 1990s and have been dedicated to providing high-quality and tasty pizza. You will also be happy to know that they strive to serve healthy ingredients on their pizzas that are not only good for your taste buds, but your body will thank you as well.
When pizza can both taste good and feel good, you can be sure that it’s going to be a popular dining spot. But how can you be so sure that it’s going to be a great business opportunity? Well, you will have to look into the details and find out how the statistics are looking on previous franchise owners’ experiences.
You will have to decide whether this opportunity is worth the investment. And if the company meets your expectations. Because, sure, the restaurant has a great concept. However, the franchise opportunity may not be as ideal as one would imagine.
Let’s get started on those details and see what we can find out about this business. So that you can make your list of pros and cons and find out if this will be the journey that you decide on taking.
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A to Z Pizza
Passion, dedication, and amazing ingredients are what makes this pizza restaurant one of the best in town. It all starts with a freshly made wheat-flour dough that is free from GMO and other nasty fillers. And ends by being baked through a fire stove until it is nice and crispy.
That’s how ZPizza claims to serve their unique tasting pizza. With all certified organic sauces and fresh produce. But it doesn’t end there. They also ensure that the pepperoni is free of MSG and the sausage is also additive-free. This makes for a healthy and delicious tasting meal for their guests each and every time.
I think that’s one of the contributors to what makes this pizza establishment so incredible and unique. There aren’t many establishments out there that are willing to put this much thought into the ingredients that they serve their customers. And to me, that’s extremely important. Especially when you have a customer with certain diet restrictions.
ZPizza is not only a great restaurant because of its tasty food, but they also strive to provide an excellent entertainment experience for their guests. You’ll find various big screen televisions across the restaurant where you can enjoy your favorite sports while dining. Or just catch a popular television show on the big screen. Either which way, you won’t have to sit in boredom and silence while enjoying your meal at ZPizza.
Overall, this establishment is extremely inviting to the whole family. Or even if you want to enjoy a nice meal with friends. There is something for everyone at ZPizza. And you won’t regret taking a visit there.
But how does it measure up to your expectations as a franchise business? Is it just as amazing and welcoming? Stick around; we are about to find out more of what makes this franchise opportunity worth (or not worth) the investment.
The History on Franchising This Business
When it comes time to check into all of the details on a franchise opportunity, it’s important to look at every possible statistic. This way, you have as much information as you possibly can get to lower your risk of failure. That’s not to say that you won’t have bumps along the way, though.
When we take a look at the ZPizza franchise, beginning back in 1999, they have had a decent growth. However, it began to rapidly slow down and actually decrease over the years. Leaving them with a high turnover rate.
At the end of 2010, this company had a total of 80 franchise locations within the United States. By the end of 2016, that number dropped to almost half; totalling at only 46 operating locations.
It’s not a huge drop, but it’s definitely something to question the company about. Especially with a 20.31 turnover rate. This could possibly indicate that the previous franchise owners (that closed down) experienced quite a rough journey without much profit. However, it’s important that you find out the exact reasoning from the company themselves.
The good news is, however, that when you sign up as a franchise owner for this company, you receive a decent amount of perks. Granted, they aren’t many. But it’s still more than what many other companies are willing (or not willing, in this case) to provide.
You’ll be provided with the proper training and support to get you started with your new business. So that you can feel confident enough to operate safely and effectively. You’ll also be able to properly train your own employees so that everyone is on the same page.
ZPizza also offers a decent level of financial transparency on specific individual locations. It may not seem like much. But some companies won’t even give you that much information on data from other locations. So, take that as a definite advantage with this opportunity.
What’s Needed From You
As a potential business owner, I’m sure you are already aware that you will have a bunch of fees and investments that will come up over the next few years. And as a franchise owner, it’s no different. In fact, there will be a few added fees that you wouldn’t have to worry about with owning your own startup business.
Your first payment to ZPizza will be the initial franchise fee of $30,000. With a total investment of anywhere from $249,000 to $767,000. This investment can widely range due to specific circumstances such as your location.
These franchise fees will get you a 10-year initial agreement term as a franchise owner with this company. And during those 10 years, you will be required to pay ongoing fees to the company. There is a 6% royalty fee and a 2% advertising fee. Both of which are based on your gross sales.
If you’re thinking that it’s a lot of money to be investing in this business, you’re right. But at least you will have the chance to receive a refund if there are special circumstances that arise. And you will also be provided with the territory rights to your franchise location. Both of these are pretty great benefits.
So if you think you can handle these requirements, then this may be a good deal for you as a new business opportunity. The one thing that you may want to keep in the back of your mind is that they do not offer any finance options. So if you feel the need for financial services, you will have to find a third party lender.
An Honest Opinion
A Pizza place is a great business to invest in. Lots of people love pizza. It’s a fast and enjoying meal for the entire family. What’s even greater is when you can find a pizza place that serves healthy options and provides entertainment as well.
However, just because the company is great, doesn’t always mean that the business opportunity is just as fantastic. In fact, there are quite a few reasons as to why this specific franchise could end up being risky business. The fact that they have had a decrease in the number of locations is a little concerning. Especially with the high turnover rate.
And although the initial fees for this business aren’t too steep, the ongoing fees are a little higher than average for this industry. So, is it worth it?
Well, while you don’t receive any financial benefits such as discounts, or even finance options, they do offer some transparency and training. The company also provides you with territory rights. So, that’s definitely a positive quality to owning this business.
Overall, this isn’t the worth business opportunity that I have seen. Honestly, besides a few little issues with the growth, there doesn’t seem to be too much negativity with this business. No, it’s not the best franchise opportunity in this industry. But definitely not the worst, either.
Concluding the Review
ZPizza is honestly a pretty good deal. If this is the type of company you are searching for. There aren’t a bunch of bells and whistles. Just a regular franchise opportunity with a few added perks.
But yes, there are a few factors that you’ll have to consider and figure out if you can accept certain things. However, overall, it’s not too bad. The company overall is a fantastic one. And the products they serve seem to be well appreciated and loved.
However, is this going to be the business that you choose for this new journey in your life? You have the opportunity sitting right in front of you. And now it’s time to make a decision.
If you are looking to pursue the ZPizza franchise opportunity, get in contact with the company to get started on learning more about this experience. Be sure to ask the right questions to find out every nitty-gritty detail on the business. And you could be on your way to owning the newest pizza joint in your neighborhood.