The Italian Pie Franchise LLC

Casual Italian dining

Background

Founded: 1994 Franchising since: 1995

1923 Corporate Square Dr., #D
Slidell, Louisiana 70458

Phone:
(985)643-1113

Franchisor has 8 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	14	0	0	1
2008	--	--	--	--
2007	23	0	0	1
2006	24	0	0	1
2005	24	0	0	2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Florida, Louisiana, Mississippi, North carolina, South carolina, Tennessee, Texas, United states

Exclusive territories available.
Territory size: 3 restaurants

Costs and Fees

Total investment: $294.5K-431K
Franchise fee: $25K

Ongoing royalty fee: 4.5%
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $500K+
Cash liquidity requirement: $250K
Business Experience:

Industry experience
General business experience
Marketing skills

Operations

80% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 30
Absentee ownership of franchise is NOT allowed. (75% of current franchisees are owner/operators)