Pazzo_di_Pizza
New member
Pazzo di Pizza…So do you have enough potential in the area to do $10,000 or $11,000 per week?..RCS…
I didn’t want to hijack the other thread so started a new one. Seriously? Probalby not, here is some information J_r0kk provided me:
Poulsbo, WA. has 10,654 households (city limits and surrounding area)
This translates to $185,912.30 in pizza sales per month
In the first couple months you can approximate that you will capture 10% - 15% marketshare. Of course, you first 3-4 weeks should be a little higher than these numbers if marketed correctly:
$185,912.30 x 10% = $18,591.23/month
$185,912.30 x 15% = $27,886.85/month
I know 5% makes a huge difference in sales generated but it’s never an exact science. I’m basing these numbers on what I’ve experienced in the past, opening stores where customers aren’t aware of the brand or where they’re somewhat aware.
With that being said, reviewing the demographics of this community dictates the need for a higher end pizzeria which, if I’m not mistaken, is what you offer. There is actually a very good chance that you can post numbers higher than these. However, I’ve learned the hard way that you should never over-inflate your projections just to make yourself feel good because it will do nothing but bite you in the ass in the end. Plan and budget for sales in the $4,700 - $6,900 range the first few months to be safe. If you do more… GREAT. If not, you’ll be ready to deal with the reality. Personally, I’m thinking with a great location, you can generate $6k-$8k/week without delivery. If you add delivery into the picture you’ll be looking at $10k-$14k. The Washington area is known for supporting independent pizza operations well as long as you offer quality product at a decent price. Good luck. -J_r0kk
I didn’t want to hijack the other thread so started a new one. Seriously? Probalby not, here is some information J_r0kk provided me:
Poulsbo, WA. has 10,654 households (city limits and surrounding area)
This translates to $185,912.30 in pizza sales per month
In the first couple months you can approximate that you will capture 10% - 15% marketshare. Of course, you first 3-4 weeks should be a little higher than these numbers if marketed correctly:
$185,912.30 x 10% = $18,591.23/month
$185,912.30 x 15% = $27,886.85/month
I know 5% makes a huge difference in sales generated but it’s never an exact science. I’m basing these numbers on what I’ve experienced in the past, opening stores where customers aren’t aware of the brand or where they’re somewhat aware.
With that being said, reviewing the demographics of this community dictates the need for a higher end pizzeria which, if I’m not mistaken, is what you offer. There is actually a very good chance that you can post numbers higher than these. However, I’ve learned the hard way that you should never over-inflate your projections just to make yourself feel good because it will do nothing but bite you in the ass in the end. Plan and budget for sales in the $4,700 - $6,900 range the first few months to be safe. If you do more… GREAT. If not, you’ll be ready to deal with the reality. Personally, I’m thinking with a great location, you can generate $6k-$8k/week without delivery. If you add delivery into the picture you’ll be looking at $10k-$14k. The Washington area is known for supporting independent pizza operations well as long as you offer quality product at a decent price. Good luck. -J_r0kk
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