|
Below is an in-depth analysis and side-by-side comparison of Buck's Pizza vs Arizona Pizza Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $165,450 - $345,400 | $400,000 - $865,000 |
Franchise Fee | $20,000 | $35,000 |
Royalty Fee | 5% | - |
Advertising Fee | 2% | - |
Year Founded | 1994 | - |
Year Franchised | 1994 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Purchasing Co-ops Toll-Free Line Online Support | - |
Marketing | Ad Templates | - |
Operations |
14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Buck's Pizza was incorporated on September 16, 1994, in the state of Pennsylvania. The management of Buck's Pizza, Lance Benton and the management team has an extensive background in franchise operations. Buck's Pizza was formed by Mr. Benton to expand a new pizza franchise on a national basis. In a very short period of time Buck’s is already accomplishing expansion goals. Buck's Pizza now has over 80 shops in over 20 states. Buck's is demonstrating its ability to support its franchisees.
Buck's Pizza has plans for nationwide expansion citing its franchise format of low start up costs, low royalties and strong local level marketing as being a strong departure from the way franchise companies have operated for years. Buck's Pizza has been selected by Entrepreneur Magazine as one of the TOP 500 FRANCHISES for each of the last 4 years.
PROGRAMS AVAILABLE: 1. SINGLE-UNIT DEVELOPMENT: Franchisee opens a restaurant at a specific address Franchisee is able to open additional units based on franchisee's ability and desire to expand 2. AREA DEVELOPMENT: Secures exclusive rights to a market. Minimum development is five restaurants Opens and operates the units in the development area Receives a reduction in franchise fees (based upon number of restaurants opened) Pays an area development fee based on the demographics of the territory. However, a credit is given against the franchise fee as each restaurant opens 3. MASTER DEVELOPER: Secures exclusive rights to a geographic area (County, state, country). There are minimum requirements for the territory (not less than a twenty-store market). Shares in franchise and royalty fees for performing services (sales, operations, training) to franchisees in the market for the term of the franchise & renewal periods Has an opportunity to participate on a large scale in building an international concept May enter into a management agreement to provide services beyond the term of the Master Agreement. Receives a Reduction in Fees for Developer- Owned and Operated Units Based on Master's Percentage Participation in the Fees Received for Providing Services Represents an opportunity to participate on a large scale in Building an International Concept Is required to open one restaurant that serves as the training facility before opening franchise restaurants in the area Pays a master developer fee based on the size of the territory and the demographics of that market