As you drive through the various towns in Canada, you might get the impression there is a pizza franchise on every corner. That might be an exaggeration, but it is safe to say, there are not shortage of pizza franchises. If you are thinking about buying a pizza franchise, this presentation will help provide you with filter criteria. http://www.cafranchiseopportunities.com/pizza-franchises/
There are some common traits that are shared by the best pizza franchises. This presentation provides you with an overview of the top five key ingredients of success that the successful pizza franchises share.
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PIZZA FRANCHISES
Top 5 Key Ingredients of Success!
So, you’re looking at pizza franchises as a potential
business. Here’s key principle to aid you in your search:
“Success comes from a combination of ingredients”.
The pizza business can be a good one because the profit
margins are good. However, a franchise needs to have all
the ingredients of success.
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PIZZA FRANCHISES
Top 5 Key Ingredients of Success!
Ingredient #1: Value
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The cost of pizza has to equal the flavor,
ingredients and uniqueness. That’s how the
customer discerns the value of the product.
If pizza lovers don’t see a benefit for investing
the price asked, they pass it by.
The best pizza franchises know how to maintain
the balance between cost and quality to deliver
the best value.
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PIZZA FRANCHISES
Top 5 Key Ingredients of Success!
Ingredient #2: Accessibility
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Dine in, take out or delivery is an asset all
popular pizza franchises. Some have all three
going for them to capitalize on all potential
revenue sources; many have two out of three.
The business model you choose will be dictated
by your location and the demographic make up
of your target market.
For example, if you are in family-oriented town,
you might consider the dine in model with take
out. If you are located along a busy business
route, a take-out / delivery model might work
best.
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PIZZA FRANCHISES
Top 5 Key Ingredients of Success!
Ingredient #3: Family Friendly
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Families love going as a unit to a pizza
restaurant.
It gets the main cook out of the home kitchen,
it’s a food enjoyed by the kids and parents
alike and it gives the family a period of time to
enjoy each other as well as a delicious meal.
If your location demographic is a family-
oriented town, make sure the pizza franchises
on your short-list are family friendly.
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PIZZA FRANCHISES
Top 5 Key Ingredients of Success!
Ingredient #4: Unique Product
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Pizzas are the same on one hand yet totally
unique from each other.
A particular brand can generally be
determined from another in a blindfold taste
test. They look smell and taste in their own
proprietary way.
There is no shortage of competition among
pizza franchises, so make sure the franchise
you are considering has the “unique factor”.
Ask yourself - what will make this franchise
standout from the competition?
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PIZZA FRANCHISES
Top 5 Key Ingredients of Success!
Ingredient #5: Consistent Quality
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No matter if the pizza is eaten on a Tuesday
for lunch or a Saturday night, it’s has to
deliver the same experience.
The customer’s expectations are always met
by the best pizza franchises whether it’s eaten
on a different day, in the same location, or a
thousand miles away in another.
A good indicator of consistent quality are
customer reviews of different franchisee pizza
locations. This is your best indicator as to how
the franchisor ensures consistent quality.
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PIZZA FRANCHISES
Top 5 Key Ingredients of Success!
Summary
In summary, when evaluating pizza franchises, look for these key ingredients to help
find one that works for you:
Do you homework and do a thorough franchise evaluation to increase your chances of
finding a franchise that is a good fit for you.
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• Value
• Accessibility
• Family Friendly
• Unique Product
• Consistent Quality