Franchising Since: 1997
Headquarters: Indianapolis, Indiana
Estimated Number of Units: 2,820
Franchise Description: The franchisor is Noble Roman's, Inc. The franchisee will operate a Noble Roman’s Pizza franchise. The franchise is offered for non-traditional locations such as universities, hospitals, recreational facilities, convenience stores and other types of locations with pre-existing customer traffic for a Noble Roman's Pizza.
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Territory Granted: The Franchise Agreement authorizes the franchisee to operate one Noble Roman's franchise at one specific location that is pre-approved by the franchisor. Franchisees are not restricted from accepting orders from outside of their territory if the orders are filled within their franchised business. The Franchise Agreement does not grant franchisees any protected territorial rights or the right or license to operate the franchised businesses or to offer or to sell any products or services described in the agreement at or from any site other than the location approved by the franchisor. Franchisees will not receive an exclusive territory. The franchisor attempts to avoid establishing other franchised or company-owned outlets that may compete with the franchisee’s location but may not always be successful in doing so.
Obligations and Restrictions: Upon the execution of the Franchise Agreement, franchisees shall designate and retain an individual to serve as the general manager of the Noble Roman’s franchise. The general manager must attend an initial training session in the franchised business as determined by the franchisor and be approved by the franchisor. If franchisees are individuals, they shall perform all of the obligations of the general manager. If franchisees are an entity, they may hire an individual to serve as general manager, which is acceptable to the franchisor. Franchisees must sell, and may only sell, those products designated in the manual from time to time as being included in the Noble Roman’s menu, and which meets the quality standards detailed in the manual. The sale of alcohol beverages is optional. The breakfast program for the Noble Roman’s is optional (but recommended by the franchisor for non-traditional locations with morning traffic) at the franchisee’s discretion.
Term of Agreement and Renewal: The length of the initial franchise term is 10 years. Upon expiration of the initial term, if franchisees are in good standing, they can renew for a term of five years.
Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or obligation.
Estimated Initial Investment
| Name of Fee | Low | High |
| Initial Franchise Fee | $7,500 | $10,000 |
| Uniforms and Inventory | $3,000 | $10,000 |
| Marketing Package | $2,000 | $3,000 |
| Initial Training Expenses | $200 | $500 |
| Smallwares | $400 | $3,000 |
| Equipment | $15,000 | $75,000 |
| Interior Signs | $500 | $2,200 |
| Exterior Signs | $0 | $6,000 |
| Remodeling Costs | $500 | $25,000 |
| Additional Funds - 3 months | $3,000 | $8,000 |
| ESTIMATED TOTAL | $32,100 | $141,700 |
Other Fees
| Type of Fee | Amount |
| Royalty Fee | The greater of (i) $175 per week and (ii) 7% of gross sales for all locations except hospitals. For hospitals, the greater of (i) $175 per week; and (ii) 9% of gross sales. |
| Renewal Fee | $2,000 |
| Transfer Fee | $2,000 |
| Manual Replacement Fee | $500 |
| Audit Fee | Cost of audit plus up to 10% interest. |
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