The Loop Pizza Grill vs Pizza Pit Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Loop Pizza Grill vs Pizza Pit including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$525,000 - $900,000 | $204,280 - $362,240 |
Franchise Fee |
$30,000 | $25,000 |
Royalty Fee |
- | 3.25% |
Advertising Fee |
- | - |
Year Founded |
1981 | 2000 |
Year Franchised |
1990 | 2000 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About The Loop Pizza Grill
The Loop Pizza Grill is a neighborhood fast-casual restaurant that
offers the quality and atmosphere of a full-service dining
establishment. As a pioneer of the fast-casual segment for 30 years, The
Loop Pizza Grill was one of the first restaurants to offer a variety of
made-to-order fresh foods in an upscale environment. The Loop serves a
variety of signature pizzas, burgers, salads, sandwiches and hand-dipped
milkshakes. Open for lunch and dinner, the average sales volume per
restaurant is $1.2 million, with guest checks averaging $10. Based in
Jacksonville, Fla., The Loop Pizza Grill was founded by Mike and Terry
Schneider in 1981 as a 60-seat restaurant.
The franchise fee for a single LOOP franchise is $30,000. The fee is payable in two phases: $15,000 at the execution of the agreement, and $15,000 when a lease is signed or training begins.
About Pizza Pit
Pizza Pit franchises are a great way to own your own business or
franchise. Pizza Pit has been serving quality pizzas, oven toasted
sandwiches, chicken wings, and more for over 44 years. Additionally,
Pizza Pit has lower royalty fees than most franchises and lower initial
investment help to create a better recipe for a successful business.