Godfather's Pizza
Date Incorporation: 1985
Franchising Since: 1974
Headquarters: Nebraska
Description: A Godfather's Pizza franchisee will operate a Godfather's Pizza location that offers pizza, sandwiches, salads, and other food and beverage products.
Franchise Offer: Godfather's Pizza Inc. franchises the right to operate Godfather's Pizza restaurants in shopping center units, free standing buildings, and other non-traditional locations. The franchises offered by Godfather's Pizza Inc. for units in shopping center locations and free standing buildings include franchises for restaurants with dining areas, and in some cases units limited to take-out and delivery of Godfather's Pizza products. Franchisees who locate within convenience stores operate a Godfather's Pizza location within a new or existing convenience store operating under the name selected by the convenience store operator. College food service locations operate as part of a food court operated by a food service vendor. GPI also grants franchises to supermarket operators for the operation of a food court or similar area that sells Godfather's Pizza products and products offered by other food service concepts.
Financial Assistance: Godfather's Pizza Inc. does not offer direct or indirect financing. However, Godfather's Pizza Inc. may provide the franchisee with information Godfather's Pizza Inc. has regarding financing.
Training and Assistance: Not more than 60 days before opening the Godfather's Pizza location, Godfather's Pizza Inc. will provide one of the following training programs, depending on whether the franchisee will operate traditional or non-traditional locations.
- 7 day - Quick service restaurant operations, owner/operator functions: approximately 28 hours of classroom training and 32 hours of on-the-job training.
- 15 day - Full service restaurant operations, owner/operator functions: approximately 48 hours of classroom training and 72 hours of on-the-job training.
Godfather's Pizza Inc. reserves the right, in its sole discretion, to charge the franchisee a training fee of $1,500 for each individual sent to training, except for the first person, for whom no training fee will be charged. Most of this training occurs in Omaha, Nebraska, the location of GPI's corporate headquarters.
Territory: Except in very limited situations, the franchisee will not receive an exclusive territory.
Term of Agreement and Renewal: The term of the franchise agreement is 15 years. It can be renewed for 10 additional years if the franchisee is in good standing.
Obligations and Restrictions: Godfather's Pizza Inc. normally requires that the owner of the franchised business have a minimum of one year managerial experience within the restaurant industry. Godfather's Pizza Inc. encourages the franchisee to be actively involved in the day-to-day operation of the business. Godfather's Pizza Inc. does not require that the franchisee personally supervise the franchised business. However, the franchise must have the business directly supervised "on-premises" by a manager.
Godfather's Pizza Inc. requires the franchisee to sell Godfather's Pizza products from their location only. The franchisee must prepare these products according to Godfather's Pizza Inc. specifications. Godfather's Pizza Inc. will permit the franchisee to deliver pizza and soft drinks from their location, if they comply with the other provisions of the franchise agreement. Godfather's Pizza Inc. does not permit the franchisee to solicit delivery orders from customers who do not live within an eight minute drive from the unit.
Total Number of Units:Over 600 units
Investment Tables:
Initial Investment:
New full service restaurant
| Expenditures | Low | High |
|---|---|---|
| Development fee (per unit) under area development agreement | $1,000 | $1,000 |
| Franchise fee | $1,000 | $25,000 |
| Advertising | $2,000 | $10,000 |
| Equipment | $130,000 | $175,000 |
| Opening inventory | $7,500 | $7,500 |
| Lease of real estate (3 months) | $12,000 | $24,000 |
| Leasehold improvements | $175,000 | $250,000 |
| Insurance | $3,000 | $6,000 |
| Misc. opening costs | $12,500 | $12,500 |
| Signs | $4,500 | $12,500 |
| Initial training | $5,500 | $7,000 |
| Additional funds (3 months) | $90,000 | $100,000 |
| Total | $448,000 | $634,500 |
New unit in a convenience store or other non-traditional location
| Expenditures | Low | High |
|---|---|---|
| Development fee (per unit) under area development agreement | $1,000 | $1,000 |
| Franchise fee | $1,000 | $8,000 |
| Advertising | $2,000 | $10,000 |
| Equipment | $30,000 | $65,000 |
| Opening inventory | $3,000 | $5,000 |
| Lease of real estate (3 months) | $3,000 | $4,500 |
| Leasehold improvements | $15,000 | $25,000 |
| Insurance | $3,000 | $6,000 |
| Misc. opening costs | $12,500 | $12,500 |
| Signs | $3,000 | $5,000 |
| Initial training | $5,500 | $7,000 |
| Additional funds (3 months) | $90,000 | $100,000 |
| Total | $173,000 | $253,000 |
New take-out/delivery restaurant
| Expenditures | Low | High |
|---|---|---|
| Development fee (per unit) under area development agreement | $1,000 | $1,000 |
| Franchise fee | $7,500 | $25,000 |
| Advertising | $2,000 | $10,000 |
| Equipment | $75,000 | $125,000 |
| Opening inventory | $5,000 | $7,500 |
| Lease of real estate (3 months) | $5,000 | $12,000 |
| Leasehold improvements | $50,000 | $75,000 |
| Insurance | $3,000 | $6,000 |
| Misc. opening costs | $12,500 | $12,500 |
| Signs | $3,000 | $5,000 |
| Initial training | $5,500 | $7,000 |
| Additional funds (3 months) | $90,000 | $100,000 |
| Total | $263,500 | $390,000 |
Ongoing fees:
| Name of fee | Amount |
|---|---|
| Royalties | 2% of gross sales of each week |
| Service compensation | 1% to 6% of gross sales |
| Extension fee | $100 |
| Cooperative advertising | Pro-rata share of media cost |
| Marketing/promotional items | Cost of marketing materials not otherwise provided in opening kit |
| Training fee | $1,500 per person (except for 1st person) |
Year of FDD: 2008
The above information has been taken from the UFOC/FDD of Godfather's Pizza
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