Who says you can’t awaken that entrepreneurial spirit and start a business venture? Yes, you can! And franchising is the best way to start.
You may think buying a franchise can be risky especially with the high price tag attached to acquiring equipment, training staff, and renting a space. Most of the prominent franchises are usually priced between a million to three million dollars. However, that’s not the case with the food franchising industry.
In fact, there are successful yet affordable pizza franchises that will allow you to reach for your dreams. Here’s a lineup of the best pizza franchises that you can buy for under $50,000.
1. Marco’s Pizza
Marco’s Pizza began its humble beginnings in Toledo, Ohio, in 1978. Marco’s Pizza sells various kinds of pizza, chicken wings, salad, cheesy bread, and sandwiches. Among the five biggest pizza franchises, Marco’s Pizza is the only chain started by an Italian.
This franchise stands out due to its authentic Italian taste and value for money.
Franchise details:
- Franchise fee: $25,000
- Royalty fee: 5.5% of net sales
- Marketing and advertising fee: 1% of net sales
- Term of franchise: 10 years
2. Gatti’s Pizza
Gatti’s Pizza opened its doors in 1969 in Stephenville, Texas. Owner James Eure had a passion for Pizza and began Gatti’s as a tribute to his wife’s maiden name. Recipes remain traditional with the freshest ingredients. Restaurants come with family-friendly game rooms where kids can play with their parents.
Gatti’s provides a different kind of pizza parlor experience with its game rooms that will entice families to visit the restaurant.
Franchise details:
- Franchise fee: $5,000
- Royalty fee: 5.5% of net sales
- Marketing and advertising fee: 1% of net sales
- Term of franchise: 10 years
3. Hungry Howie’s Pizza
Hungry Howie’s Pizza has been in business for over 35 years and ranks as one of the top ten pizza franchises. Beginning from one restaurant in Taylor, MI, Hungry Howie’s has over 600 branches in 24 states now. Howie’s Pizza creates an atmosphere suitable for bringing friends and families together to munch on delicious pizza. Each pizza is customizable from the bread, sauce, toppings, and how it’s baked – which creates a more enjoyable experience for adults and kids alike.
Franchise details:
- Franchise Fee: $20,000
- Royalty Fee: 5% of net sales
- Marketing and Advertising Fee: 3% of net sales
- Unit Size: 1200 to 1500 square feet
- Term of Franchise: 10 years
4. RedBrick Pizza
RedBrick Pizza is a hybrid of the old and new baking pizzas on an open-flame brick oven. It was founded in 1999 and has over ten franchise branches. RedBrick Pizza offers well-crafted pizzas catering to families and friends.
RedBrick Pizza explores the fine line between the new and the old with how they bake their pizzas. This is truly a unique franchise that comes with a different kind of taste.
Franchise details:
- Franchise Fee: $30,000
- Royalty Fee: 5% of net sales
- Marketing and Advertising Fee: 2% of net sales
5. Blast & Brew
Blast & Brew has been in business for 55 years tailoring the customer experience by offering forty fresh toppings to create the perfect Neapolitan style pizza using your unique wrap. Customization is everything, and the company believes this is what brings people together.
This Neapolitan franchise recognizes the value of customer experience, which is why their pizzas are tailor-fit and bespoke depending on the customer
Franchise details:
- Franchise Fee: $25,000
- Royalty Fee: 4% of net sales
- Marketing and Advertising Fee: 4% of net sales
6. Sbarro
Sbarro is a pizza chain existing since 1956 selling XL NY Pizza with in-house dough and 100% whole milk mozzarella. Sbarro serves 800 eateries across 33 countries worldwide.
For those who prefer a premium fast-food style pizza parlor, Sbarro is the right franchise for you. The franchise has grown to serve 33 countries worldwide and yet maintains good quality pizza.
Franchise details:
- Franchise Fee: $25,000
- Royalty Fee: 5% to 7% of net sales
- Marketing and Advertising Fee: 6% of net sales
7. Blaze Fast-Fire’d Pizza
Founded in 2012, Blaze Fast-Fire’d Pizza has grown into 147 franchises by 2016. Blaze Pizza became popular quite quickly through its savory recipes.
Blaze poses as a good investment because it has grown exponentially within just four years and has all their restaurants packed.
Franchise details:
- Franchise Fee: $30,000
- Royalty Fee: 5% of net sales
- Marketing and Advertising Fee: 2% of net sales
8. Papa John’s Pizza
This pizza franchise was founded in 1985 and provides its take to pizza by tingling the palate with different flavor mixes such as chicken barbeque.
This franchise takes its name as one of the top pizza franchises for its different flavors and affordable giant pizzas.
Franchise details:
- Franchise Fee: $25,000
- Royalty Fee: 5% of net sales
- Marketing and Advertising Fee: 8% of net sales
9. Jet’s Pizza
Jet’s Pizza now has 388 branches all over the United States and is the 17th largest pizza chain. Its signature dish is the deep-dish square pizza. Jet’s Pizza’s menu includes submarine sandwiches, salads, and wings.
This franchise not only provides your usual pizza, but also different kinds of sandwiches and salads resulting to a balanced meal.
Franchise details:
- Franchise Fee: $20,000
- Royalty Fee: 8% to 10% of net sales
10. Papa Murphy’s
Papa Murphy’s has over 1,500 franchises across the globe. Papa Murphy’s offers affordable pizzas without sacrificing savory flavors. Pizzas are prepared fresh everyday with a variety of toppings to choose from.
This franchise stays at the top for the variety of toppings Papa Murphy’s provides. Customers love that Papa Murphy’s pizzas are affordable yet fresh with quality toppings.
Franchise details:
- Franchise Fee: $25,000
- Royalty Fee: 8% to 10% of net sales
While this is a beginner guide to each franchise, it’s still crucial that you do your own personal research and due diligence. Always read all of the company’s legal documents and consult with an attorney and accountant. Try to also talk to existing franchisees regarding their experiences, if you know some. Sit back, relax, and start counting your millions.