An investor who throws their money to a project without doing their diligence in going over the investment is destined to hit some bumps in the road. Round Table Pizza is aware that the cost of starting a pizza business requires an explanation of what may follow that initial investment in order to grow your new business. As a whole, over the past five years, pizza restaurants have increased by 1.6% with a total of $47 billion of revenue coming in 2019 alone, according to IBISWorld.com. Round Table Pizza has felt the benefits of that growth, and our investors didn’t pay the cost of starting a pizza business without first asking the tough questions.
What About My Experience?
It seems that in today’s economic climate, that if your list of skills doesn’t match up with the opportunity at hand, you skip over it and move on to the next one. While franchising with Round Table Pizza is not entirely a “one size fits all” sort of company, striving entrepreneurs who may not have the most in-depth business backgrounds have found themselves investing with us. Some of those people range from executives to members of our younger generation coming out of school with business degrees. Our company has seen investors who have levereaged the cost of starting a pizza business into over 20+ restaurants.
How Much Will I Need to Invest?
What keeps most investors from pulling the trigger is the looming thought of return on investment. First, it is essential to break down what you are paying. Round Table Pizza has identified three unique concepts and provided realistic price ranges associated with each of them. We go in-depth before investment with our franchisees to evaluate the cost of starting a pizza business along with what they receive. What also matters to us is that our investors do not feel overwhelmed with the amount they are throwing into the pot at once. For us, a great pizza is made with time, patience, and consistent care during the process – a similar approach to opening a new franchise. Regardless of the concept our franchisees choose, we help them throughout the process of setting up their new store. We’ve even calculated the amount that you could be earning in sales revenue in your time with Round Table Pizza based off of the averages for our existing franchisees. As you can see, we have done our best to break down the cost of starting a pizza business for our investors to help them make the best decision for themselves.
You want a slice of the pie? Contact us today, and we can get you started on evaluating the cost of starting a pizza business!