trainer4you2
New member
Wrote awhile back about my pizza place, we did 1.3 million in gross sales last year. I will admit this year is down some but have opened 3 more store and all of these have taken some customers. One we have a partner, it is doing about 50,000 a month, was doing 75,000, cost very little to open, was a CiCi’s that went out of business so bought all equipment and build out was free. I don’t consider this store a success, pay the bills but not much left over. Part could be location and other part is the town was hit hard with job loses.
I decided to license two more stores, I get 4% of sales after taxes plus make the dough etc for this store, make a little on this but not much. This store is doing around 12000 per week but has only been open 3 weeks, it is not in the greatest part of town but is in the center of a residential area. If it averages 45,000 per month I will make around 22 thousand a year. The other store is around 15 miles away in a town of about 15,000. They are averaging 25,000 per week in 3000 sf and a rent of 1800 per month. This owner is already wanting to open another one in a town around 10 miles away, is working on taking over a Godfathers. I could earn as much as 40 thousand a year from this store. Terms on this store are the same as the first. I have been approached by a couple other people to open one in a town around 40 miles away with a large college and over 100,000 people and someone else in a town about 20 miles from us. Maybe one day I will turn this into a franchise. With the licensing agreement I let the stores sell products we don’t, sandwiches, pasta etc… but I have the right to change it or allow or not allow them to sell something. I guess the licensing gives the licensor more freedom than a franchise.
My brother runs our store, I use to help but have another business and another job so I only spend about 10 hours a month working with the pizza place. This was an investmet for me and so far I have been happy with the choice I made, I risked my saving of 200,000 to open it but I knew I had a good product and believed in it. If anyone is really interested in opening a store from scratch and might be interested in my concept let me know, who knows maybe I will have these all over the U.S one day LOL I know owning the stores myself and hiring people to run them I would make more money but I do believe that you have to be an owner/operator to make it work. If you know you have money on the line you will do the work necessary to make it work. Anyway if you believe in something work hard, put passion into it and make it the best you can. My goal is to be a one stop pizza shop where you can get any kind of pizza you want, we sell thin and crispy, deep dish and NY stye hand tossed, just added a new sauce for people who don’t like our orginal, luckily our orginal has made us a success. Next is to add some gourmet pizzas for those who like that. My vision is why go to any other pizza place when they can get whatever they want at my pizza place.
I decided to license two more stores, I get 4% of sales after taxes plus make the dough etc for this store, make a little on this but not much. This store is doing around 12000 per week but has only been open 3 weeks, it is not in the greatest part of town but is in the center of a residential area. If it averages 45,000 per month I will make around 22 thousand a year. The other store is around 15 miles away in a town of about 15,000. They are averaging 25,000 per week in 3000 sf and a rent of 1800 per month. This owner is already wanting to open another one in a town around 10 miles away, is working on taking over a Godfathers. I could earn as much as 40 thousand a year from this store. Terms on this store are the same as the first. I have been approached by a couple other people to open one in a town around 40 miles away with a large college and over 100,000 people and someone else in a town about 20 miles from us. Maybe one day I will turn this into a franchise. With the licensing agreement I let the stores sell products we don’t, sandwiches, pasta etc… but I have the right to change it or allow or not allow them to sell something. I guess the licensing gives the licensor more freedom than a franchise.
My brother runs our store, I use to help but have another business and another job so I only spend about 10 hours a month working with the pizza place. This was an investmet for me and so far I have been happy with the choice I made, I risked my saving of 200,000 to open it but I knew I had a good product and believed in it. If anyone is really interested in opening a store from scratch and might be interested in my concept let me know, who knows maybe I will have these all over the U.S one day LOL I know owning the stores myself and hiring people to run them I would make more money but I do believe that you have to be an owner/operator to make it work. If you know you have money on the line you will do the work necessary to make it work. Anyway if you believe in something work hard, put passion into it and make it the best you can. My goal is to be a one stop pizza shop where you can get any kind of pizza you want, we sell thin and crispy, deep dish and NY stye hand tossed, just added a new sauce for people who don’t like our orginal, luckily our orginal has made us a success. Next is to add some gourmet pizzas for those who like that. My vision is why go to any other pizza place when they can get whatever they want at my pizza place.
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