Franchise Description: Pizza Ranch, Inc. is the franchisor. Pizza Ranch family restaurants specialize in pizza and chicken. The restaurants offer an all-you-can-eat buffet that includes pizza, chicken, salad and other approved items, as well as special ordering from the menu. Restaurants offer “to-go” service, catering service, and delivery service from the restaurant. The franchise includes the right to use the trademark “Pizza Ranch” as well as other identifying marks, trademarks and logos the franchisor uses now or may develop in the future, and its unique system relating to the establishment, development and operation of a restaurant.
Training Overview: The principal or general manager, assistant general manager, kitchen managers (2) and a guest service manager will be required to complete the Manager in Training Program to the franchisor’s satisfaction. Training is currently 15 or 30 days, depending upon position. Training will take place at a Pizza Ranch restaurant that is a certified training restaurant or at another location designated by the franchisor. All members of the management team are also required to attend The Foundations of Pizza Ranch classroom-style training at the Pizza Ranch Restaurant Support Center in Orange City, Iowa, or another facility as designated by the franchisor. The workshop lasts 3.5 days. If franchisees are a first-time owner of a Pizza Ranch with a FunZone, they will be required to pay fees for the post-opening training of a FunZone. All new Pizza Ranch restaurants will include a Pizza Ranch FunZone Arcade unless the franchisor grants an exception. The franchisor may offer further training programs and/or refresher courses at the franchisee’s expense, some of which may be mandatory.
Territory Granted: The Franchise Agreement gives franchisees a protected territory to operate one Pizza Ranch restaurant. The territory will be defined using zip codes or by recognized geographical and/or political boundaries, such as streets, rivers, bodies of water, city limits or county lines, or the area within a certain radius from the restaurant. The territory will be determined to provide a mutually agreeable number of prospective customers in the area based upon population density and other characteristics of the territory or a certain mile radius surrounding the restaurant.
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Obligations and Restrictions: At all times during the term of the Franchise Agreement, franchisees must have a “principal” owner who (i) has an ownership interest in the franchise, (ii) serves as the general manager, or has the responsibility of hiring and overseeing a qualified general manager, (iii) oversees and/or remains active in overseeing the general management and operations of the restaurant, and (iv) has authority to sign on the franchisee’s behalf on all contracts and commercial documents. In addition to the principal, at all times after the restaurant opens, the franchisee must designate at least one general manager who (i) personally invests his or her full time and attention and devotes his or her best efforts to the on-premises general management of the day-to-day operations of the restaurant, (ii) meets the franchisor’s prior food service management experience requirements, (iii) does not engage in any other business or other activity, directly or indirectly, that requires any significant management responsibility, time commitments, or that otherwise may conflict with the general manager’s obligations, and (iv) has authority to sign on the franchisee’s behalf on all contracts and commercial documents. Franchisees may not offer or sell any products or services that do not meet the franchisor’s standards and specifications. Unless approved by the franchisor, franchisees may not use the premises for any purpose other than the operation of a restaurant.
Term of Agreement and Renewal: The length of the initial franchise term is 10 years from the date the restaurant first opens for business. Franchisees can have two separate renewals of 10 years each, if requirements are met.
Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease or obligation.
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*The estimated initial investment range covers from a retrofit/leased restaurant up to a new ground-up restaurant with a FunZone (6, 000 sq. ft. restaurant/1, 600 sq. ft. FunZone).
Up to the difference between 5% and the amount of the franchisee’s contributions to the marketing and production fund. Currently, the franchisor requires only the difference between 3% and the amount of the franchisee’s other contributions.
Costs to purchase, lease and install all materials necessary for sales promotions the franchisor establishes; including marketing start-up materials, prize contests, sweepstakes, coupon programs, posters, give-away items, loyalty cards and gift cards. Currently, this amount ranges from $50 to $500 per month.
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$0 - $3, 000 for replacement managers to train, depending on where training occurs, plus $200 per trainee for training materials (both fees subject to change).
Amount varies and is based on the extent of construction, repairs or remodeling necessary. Currently, this amount may be up to $250, 000.
One-half the cost of the independent appraiser or the cost of the appraiser the franchisee appoints. Currently, this amount ranges from $500 to $2, 500.
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Sign up here to get the latest franchise opportunity updates and more delivered directly to your inbox. Be the first to know!Another popular pizza franchise in the US, Pizza Ranch now has 210 restaurants across 14 states in the US. If you were to run a Pizza Ranch franchise, you would make $1, 518, 000 on average in sales per year, not bad for a pizza franchise!
The problem might be its cost: you would have to invest on average $2, 475, 000 to open a new Pizza Ranch franchise, much higher than the industry average ($1.6 million as per our analysis).
So you may wonder if this is a good investment. This is what we’re looking at in this article by looking at the latest Franchise Disclosure Document of Pizza Ranch. Let’s find out!
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The chain offers a wide selection of pizza, chicken, salads, Buffalo wings, and desserts. In addition, it is known for its buffet-style menu.
Headquartered in Orange City, Iowa, Pizza Ranch began franchising in 1984 under Pizza Ranch Inc.Today, the chain has over 210 restaurants in 14 US states.
To open a Pizza Ranch restaurant you need to invest around $2, 475, 000. Yet that is an average: it ranges from $984, 875 to $3, 995, 500.
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The required investment varies depending on the location (as different areas have different rent costs), the market price of required equipment (as the market price can change anytime), and so on. Considering these facts, the investment depends on whether you will lease or build the restaurant from scratch:
For what reason you would pay this amount? Well, this amount will cover all the startup costs a restaurant incurs in the beginning. In addition to the initial franchise fee of $30, 000, you would also pay for:
This includes 57 restaurants that have a “FunZone” and 147 restaurants that don’t have one. For example, restaurants with a FunZone generate 1.7 times more revenue than a restaurant without.
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Yet note that this is for a restaurant with a FunZone. Instead, restaurants without a FunZone makes in comparison $158, 000 in profits per year (12.3%).
We estimate that it takes anywhere from 8 to 10 years on average to repay your investment if you were to buy and start a new Pizza Ranch franchise.
It’s an average payback, slightly higher than the industry average. In other words, you would need to wait on average 8-10 years to repay the initial investment (the $2, 475, 000).
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