Breadeaux Pizza Franchise Information
If you are considering to purchase a franchise but looking for a franchise that does not really require a huge amount of capital to be invested, Breadeaux Pizza should be on your list of franchise companies to consider.
Before even purchasing a franchise from a franchise company, it is very important to put into consideration the profitability of the franchise itself.
You must determine whether you will be able to gain a substantial amount of the return of your investment within a certain period of time or not. Your goal in purchasing a franchise is to gain profit and not the other way around that is why it is important to consider the franchise company’s profitability.
Another thing that you should consider in purchasing a franchise company is the background or history of the franchise company itself. It is important to know the type of persons that you will be dealing with for the rest of your business partnership with them. The owners of Breadeaux Pizza are Jim and Jennifer Larkin. They have decided to open their own pizzeria since their favorite pizzeria has stopped its operation. In 1985, Jim and Jennifer opened the very first Breadeaux Pizza store.
For you to be able to qualify as a franchisee of Breadeaux Pizza, you must meet certain requirements. One of the requirements is to have a net worth of at least $350,000 and a liquid asset of $100,000. You should also take note that there is a franchise fee of $15,000 and royalty fee of 5%. The total investment needed in opening a Breadeaux Pizza franchise is from $58,000 to $310,000. The term of agreement is valid for 15 years and if you decided to renew it, you need to pay a 25% of then-current fee. In cases that you do not have the required amount of capital currently on hand, Breadeaux Pizza offers financial or funding assistance to its prospect franchisees. Alternatively, you can also borrow money form banks and lending firms. Borrowing money from the banks may require you to provide collateral. You can consider your realty properties and other assets as your collateral. But it is very important that you only borrow the amount of money that is within your paying capability because you do not want to borrow money and then being in-debt eventually. Always remember that the higher the amount of money you borrow, the higher the interest and other fees will also be.
Breadeaux Pizza also provides training to its franchisees to further enhance their managerial and marketing skills in running a Breadeaux Pizza franchise. This is also to ensure that every franchisee is well-equipped with enough knowledge on how to run the business successfully. Breadeaux Pizza also supports its franchisees by providing a toll-free telephone number so that they may be able to reach them without paying extra cost.
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