Get All Access for $5/mo

Franchise Profile A College Grad Franchises Grease-Truck Favorites

Provided by


Pass the antacid.

A little piece of Ithaca, N.Y., is coming to Boston, promising to satisfy students' late-night food cravings with a fabled menu of spicy, high-calorie sandwiches and pizzas.

Since 1960, Cornell University students have flocked to the Hot Truck, a campus fixture where customers readily endure two-hour waits to get gut-busting munchies. The owner, Bob Petrillose, claims he invented the French bread pizza, which he called Poor Man's Pizza, or PMP. Now, a group of Cornell alumni is seeking to duplicate the Hot Truck menu at a series of storefront restaurants under the PMP name across the U.S. The first one will open in Boston's Allston neighborhood, a student enclave, Sept. 1.

Jeffrey Riedl, a 1970 graduate, says he conceived of the franchise concept after years of campus visits which always seemed to culminate with a trip to the Hot Truck. "There's a network of Cornellians across the country that have to stop by and get a Hot Truck fix," he says.

Part of the mystique stems from the evocative names of the sandwiches. One favorite is called the Suicide because eating the pungent mixture of sausage, mushrooms, cheese and pepperoni is tantamount to committing social suicide.

Mr. Riedl, a lawyer in New Jersey, says he started PMP Enterprises Inc. with about $50,000 in savings and a lot of his own time. Now he's says he's ready to sell exclusive territories to prospective franchisees for between $25,000 and $50,000.

Andrew T. Miller, a Boston Internet entrepreneur, says he plans to open as many as 10 PMP restaurants in New England, starting with the Allston eatery. He says he's been a fan ever since his freshman year. "There's 30-something sandwiches on the menu and they're all special to me," he says.

Many onetime Ithaca residents agree. "I'm drooling," said Jack Dresser, a 1982 Cornell graduate and former president of the Cornell Club of Boston.

From StartupJournal.com
Copyright © 2003 Dow Jones & Company, Inc. All Rights Reserved

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'Jaw-Dropping Performance in 2024,' Says a Senior Analyst as Nvidia Reports Earnings

Nvidia reported its highly-anticipated third-quarter earnings on Wednesday.

Marketing

How Small Businesses Can Leverage Dark Social to Drive Word-of-Mouth Marketing

Dark social accounts for 70% of social media shares and is crucial for small businesses. Here's how you can tap into this hidden marketing opportunity.

Business News

'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X

The team running Jaguar's X account was working hard on social media this week.