From the quick and easy dinner delivered to your door to the hand-stretched rocket-laden meal enjoyed in a relaxed restaurant, pizza is one of the nation’s favourite foods. And the nation’s love affair with this food (which stretches all the way back to the 1920s), shows no sign of abating either as more and more restaurants serving this dish spring up in every town.
What is a pizza franchise?
A franchise is essentially the chance to buy a license that allows you to trade under a recognised brand name. The person who buys the license is known as the franchisee, whilst the person who sells the license is the franchisor. The franchisee enjoys all the benefits of trading under a household name and all the support and training of being part of a larger brand, and the franchisor enjoys an easy and profitable way to expand his or her business. A pizza franchise is simply a pizza restaurant chain that operates using this business model.
Buying a pizza franchise can be very lucrative. It’s no secret that many banks are falling over themselves to lend up to 70% of the start up costs to franchisees are they’re viewed as such safe business ventures. But you don’t just open the shop and sit back and count the money! Like any start up, the business owner has to put in the hours necessary to make the business a success, and unlike other businesses, franchisees must follow the franchisor’s handbook to the letter to ensure consistency. Owning a pizza franchise might not be for everyone, but for those it does suit, it may be the best business decision they ever make.
Which pizza franchises are available to buy?
There are some big brands occupying this space in the market - some franchised, some not. The cheap and cheerful takeaways that deliver doughy pizzas with molten cheese over toppings share their market with the industry leaders: Papa John’s and Dominos. Both these companies offer franchise opportunities, but be aware of some of the rising stars of this takeaway format such as The Perfect Pizza Company which has franchise opportunities available now.
Pizza Hut has two different business models. Its sit-down restaurants (complete with midweek all-you-can-eat buffets) launched the business in the UK over
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