Toppers Pizza Franchise Prices, Charges, Revenues, Income (2023 Overview)

On this unique Franchise Chatter FDD Speak submit, you’ll study the next:

Part I – Estimated preliminary funding (franchise prices) for a Toppers Pizza franchise, based mostly on Merchandise 7 of the corporate’s 2023 FDD

Part II – Preliminary franchise payment, royalty payment, and advertising payment for a Toppers Pizza franchise, based mostly on Gadgets 5 and 6 of the corporate’s 2023 FDD

Part III – Variety of franchised and company-owned Toppers Pizza retailers in the beginning of the yr and the tip of the yr for 2020, 2021, and 2022, based mostly on Merchandise 20 of the corporate’s 2023 FDD

Part IV – Information updates on the Toppers Pizza franchise alternative

Part V – Presentation and evaluation of Toppers Pizza’s monetary efficiency representations (common revenues and/or income), based mostly on Merchandise 19 of the corporate’s 2023 FDD, together with info on the:

• 2022 common, median, highest, and lowest product sales for all Toppers Pizza eating places (each affiliate-owned and franchised) that had been open as of January 1, 2023, and that had been open and working for at the least the total fiscal yr

• 2022 common, median, highest, and lowest product sales, value of products offered, value of labor, and EBITDA for all Toppers Pizza eating places (each affiliate-owned and franchised) that had been open and in operation repeatedly throughout your entire 2022 fiscal yr and offered full reviews of their revenue and loss info

Part VI – Key ratios, comparables, computations, and analyses for the Toppers Pizza franchise alternative (unique content material for Platinum subscribers)

Part I – Toppers Pizza Franchise Prices

• Preliminary Franchise Payment:  $30,000
• Journey and Residing Bills for Your Preliminary Coaching:  $3,000 to $15,000
• Journey and Residing Bills for Toppers Pizza’s Coaching Staff:  $600 to $12,000
• Gear and Smallwares:  $145,000 to $161,325
• Development and Leasehold Enhancements:  $182,682 to $249,000
• Indoor and Out of doors Signage:  $8,423 to $14,000
• Pre-Opening Salaries and Payroll:  $6,000 to $11,000
• Pre-Opening Lease:  $0 to $12,000
• Utility and Insurance coverage Deposits:  $2,000 to $6,000
• Preliminary Advertising and Market Introduction and Staff Recruiting Program:  $8,000 to $32,000
• Opening Stock:  $6,000 to $11,000
• Architectural Charges:  $11,350 to $15,000
• Permits and Skilled Charges:  $2,101 to $6,000
• POS System {Hardware}:  $16,000 to $22,500
• POS System Software program Licenses:  $2,500
• POS System Set up:  $2,000 to $5,000
• Venture Administration:  $0 to $7,500
• Opening Extension Payment:  $0 to $5,000
• Extra Funds for 3 Months:  $25,000 to $50,000
• Complete Estimated Toppers Pizza Franchise Prices:  $450,656 to $666,825

Part II – Toppers Pizza’s Preliminary Franchise Payment, Royalty Payment, and Advertising Payment

• Preliminary Franchise Payment:  $30,000
• Persevering with Royalty:  5.5% of Gross Gross sales
• Model Improvement Fund Payment:  3.3% of Gross Gross sales

Part III – Variety of Franchised and Firm-Owned Toppers Pizza Retailers

Franchised

2020

• Retailers on the Begin of the Yr:  47
• Retailers on the Finish of the Yr:  47
• Internet Change:  0

2021

• Retailers on the Begin of the Yr:  47
• Retailers on the Finish of the Yr:  44
• Internet Change:  -3

2022

• Retailers on the Begin of the Yr:  44
• Retailers on the Finish of the Yr:  46
• Internet Change:  +2

Firm-Owned

2020

• Retailers on the Begin of the Yr:  20
• Retailers on the Finish of the Yr:  20
• Internet Change:  0

2021

• Retailers on the Begin of the Yr:  20
• Retailers on the Finish of the Yr:  26
• Internet Change:  +6

2022

• Retailers on the Begin of the Yr:  26
• Retailers on the Finish of the Yr:  27
• Internet Change:  +1

Part IV – Information Updates on the Toppers Pizza Franchise

Part V – Monetary Efficiency Representations (Common Revenues and/or Income) for the Toppers Pizza Franchise (Merchandise 19, 2023 FDD)

Half 1 – 2022 Common Gross Gross sales

• The next tables comprise Gross Gross sales info for the fiscal yr ended January 1, 2023, for all eating places (each affiliate-owned and franchised) that had been open as of January 1, 2023, and that had been open and working for at the least the total fiscal yr.

• As of January 1, 2023, there have been 73 Toppers Pizza eating places open and working, 69 of which operated throughout your entire 2022 fiscal yr. Of these 69 Toppers Pizza eating places, 42 had been franchised and 27 had been affiliate-owned.

• Toppers Pizza excluded from the outcomes that it used to arrange the tables on this Half 1 4 franchised eating places that didn’t function throughout your entire 2022 fiscal yr, together with three franchised eating places that opened throughout the 2022 fiscal yr and one franchised restaurant that was closed a number of months as a consequence of property casualty.

• The 2022 fiscal yr ran from January 3, 2022 to January 1, 2023.

• One of many eating places included in affiliate-owned eating places was acquired from a franchisee throughout the 2022 fiscal yr.

A.  All Eating places

Open at Least 13 Intervals

• Variety of Retailers in Knowledge Set:  69
• Common Gross Gross sales:  $1,180,081
• Quantity That Met or Exceeded the Common:  29 (42%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,128,830

Open at Least 26 Intervals

• Variety of Retailers in Knowledge Set:  66
• Common Gross Gross sales:  $1,183,763
• Quantity That Met or Exceeded the Common:  29 (44%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,150,635

Open at Least 39 Intervals

• Variety of Retailers in Knowledge Set:  64
• Common Gross Gross sales:  $1,203,365
• Quantity That Met or Exceeded the Common:  25 (39%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,166,207

Open at Least 52 Intervals

• Variety of Retailers in Knowledge Set:  64
• Common Gross Gross sales:  $1,203,365
• Quantity That Met or Exceeded the Common:  25 (39%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,166,207

Open at Least 65 Intervals

• Variety of Retailers in Knowledge Set:  60
• Common Gross Gross sales:  $1,230,311
• Quantity That Met or Exceeded the Common:  26 (43%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,178,713

B.  Affiliate-Owned Eating places

Open at Least 13 Intervals

• Variety of Retailers in Knowledge Set:  27
• Common Gross Gross sales:  $1,143,217
• Quantity That Met or Exceeded the Common:  11 (41%)
• Lowest Gross Gross sales:  $567,223
• Highest Gross Gross sales:  $2,144,605
• Median Gross Gross sales:  $1,128,830

Open at Least 26 Intervals

• Variety of Retailers in Knowledge Set:  25
• Common Gross Gross sales:  $1,175,976
• Quantity That Met or Exceeded the Common:  10 (40%)
• Lowest Gross Gross sales:  $567,223
• Highest Gross Gross sales:  $2,144,605
• Median Gross Gross sales:  $1,056,560

Open at Least 39 Intervals

• Variety of Retailers in Knowledge Set:  24
• Common Gross Gross sales:  $1,201,341
• Quantity That Met or Exceeded the Common:  8 (33%)
• Lowest Gross Gross sales:  $702,969
• Highest Gross Gross sales:  $2,144,605
• Median Gross Gross sales:  $1,184,076

Open at Least 52 Intervals

• Variety of Retailers in Knowledge Set:  24
• Common Gross Gross sales:  $1,201,341
• Quantity That Met or Exceeded the Common:  8 (33%)
• Lowest Gross Gross sales:  $702,969
• Highest Gross Gross sales:  $2,144,605
• Median Gross Gross sales:  $1,184,076

Open at Least 65 Intervals

• Variety of Retailers in Knowledge Set:  24
• Common Gross Gross sales:  $1,201,341
• Quantity That Met or Exceeded the Common:  8 (33%)
• Lowest Gross Gross sales:  $702,969
• Highest Gross Gross sales:  $2,144,605
• Median Gross Gross sales:  $1,184,076

C.  Franchised Eating places

Open at Least 13 Intervals

• Variety of Retailers in Knowledge Set:  42
• Common Gross Gross sales:  $1,202,370
• Quantity That Met or Exceeded the Common:  20 (48%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,177,318

Open at Least 26 Intervals

• Variety of Retailers in Knowledge Set:  41
• Common Gross Gross sales:  $1,217,333
• Quantity That Met or Exceeded the Common:  19 (46%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,193,752

Open at Least 39 Intervals

• Variety of Retailers in Knowledge Set:  40
• Common Gross Gross sales:  $1,204,052
• Quantity That Met or Exceeded the Common:  20 (50%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,153,635

Open at Least 52 Intervals

• Variety of Retailers in Knowledge Set:  40
• Common Gross Gross sales:  $1,204,052
• Quantity That Met or Exceeded the Common:  20 (50%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,153,635

Open at Least 65 Intervals

• Variety of Retailers in Knowledge Set:  36
• Common Gross Gross sales:  $1,249,624
• Quantity That Met or Exceeded the Common:  17 (47%)
• Lowest Gross Gross sales:  $497,185
• Highest Gross Gross sales:  $2,211,285
• Median Gross Gross sales:  $1,178,713

• Gross Gross sales are calculated in the identical method as you’ll calculate Gross Gross sales underneath the Franchise Settlement.

• “Gross Gross sales” means all sums or worth obtained or receivable by you, immediately or not directly, in money, change, or barter, from or in reference to the operation of your Restaurant and all different enterprise operations originating at or from the premises of your Restaurant, excluding monies collected for taxes chargeable to clients by regulation.

• Gross Gross sales embrace revenues generated from the sale of meals, drinks, and different items and merchandise (together with merchandising machines, video games, slot machines, automated teller machines, amusement rides, and telephones, which shall in any occasion be topic to Toppers Pizza’s prior written approval), and from the rendering of companies of any type or nature, at or out of your restaurant, or underneath, or in any means related with using the Marks, whether or not for money, credit score, or barter (the Gross Gross sales quantity from any barter shall equal the truthful market worth of that barter).

• Toppers Pizza consists of present certificates, present card, or related program funds in Gross Gross sales when the present certificates, present card, different instrument, or relevant credit score is redeemed.

• Gross Gross sales additionally embrace all insurance coverage proceeds you obtain for lack of enterprise as a consequence of a casualty to or related occasion at your restaurant.

• There shall be deducted from Gross Gross sales for functions of stated computation (however solely to the extent that they’ve been included) the quantity of all gross sales tax receipts or related tax receipts which, by regulation, are chargeable to clients, if such taxes are individually acknowledged when the shopper is charged, and the quantity of any cheap, precise, and verifiable refunds, rebates, over-rings, and allowances given to clients in good religion.

• Roughly 75% of the Toppers Pizza eating places proven within the tables in Half 1 above are situated throughout the states of Minnesota and Wisconsin. Accordingly, the Gross Gross sales of those Toppers Pizza eating places are impacted by the popularity and goodwill that Toppers Pizza eating places profit from inside these states and the Midwest extra broadly.

• Though the franchisor believes Toppers Pizza eating places have shopper enchantment that may prolong properly past the Midwest, the idea has had solely restricted working historical past exterior of its core market of the Midwest.

Half 2 – 2022 Revenue and Loss

• The next tables comprise revenue and loss info for the fiscal yr ended January 1, 2023, for 66 of the 69 (95.7%) Toppers Pizza eating places that had been open and in operation repeatedly throughout your entire 2022 fiscal yr. Of these 66 Toppers Pizza eating places, 40 had been franchised and 26 had been affiliate-owned.

• Toppers Pizza excluded from the outcomes on this Half 2 the one affiliate-owned restaurant that was acquired from a franchisee in 2022 as Toppers Pizza doesn’t have the entire info from that restaurant for the interval previous to acquisition.

• Additionally excluded from the outcomes on this Half 2 are two franchised eating places that didn’t present full reviews of their revenue and loss info.

A.  All Eating places

Price of Items Bought

• Common Price of Items Bought:  28.8%
• Quantity That Met or Exceeded the Common:  31 (47%)
• Lowest Price of Items Bought:  22.2%
• Highest Price of Items Bought:  33.9%
• Median Price of Items Bought:  29%

Price of Labor

• Common Price of Labor:  25.7%
• Quantity That Met or Exceeded the Common:  32 (48.5%)
• Lowest Price of Labor:  19.4%
• Highest Price of Labor:  36%
• Median Price of Labor:  25.4%

EBITDA

• Common EBITDA:  $84,228
• Quantity That Met or Exceeded the Common:  28 (42.4%)
• Lowest EBITDA:  $(175,583)
• Highest EBITDA:  $376,496
• Median EBITDA:  $73,527

B.  Affiliate-Owned Eating places

Price of Items Bought

• Common Price of Items Bought:  28.8%
• Quantity That Met or Exceeded the Common:  10 (38.5%)
• Lowest Price of Items Bought:  23%
• Highest Price of Items Bought:  32.7%
• Median Price of Items Bought:  29.4%

Price of Labor

• Common Price of Labor:  24.2%
• Quantity That Met or Exceeded the Common:  13 (50%)
• Lowest Price of Labor:  19.4%
• Highest Price of Labor:  36%
• Median Price of Labor:  24%

EBITDA

• Common EBITDA:  $53,589
• Quantity That Met or Exceeded the Common:  13 (50%)
• Lowest EBITDA:  $(174,583)
• Highest EBITDA:  $284,809
• Median EBITDA:  $32,473

C.  Franchised Eating places

Price of Items Bought

• Common Price of Items Bought:  28.5%
• Quantity That Met or Exceeded the Common:  22 (55%)
• Lowest Price of Items Bought:  22.2%
• Highest Price of Items Bought:  33.8%
• Median Price of Items Bought:  28.6%

Price of Labor

• Common Price of Labor:  26%
• Quantity That Met or Exceeded the Common:  21 (52.5%)
• Lowest Price of Labor:  21.3%
• Highest Price of Labor:  32.1%
• Median Price of Labor:  25.9%

EBITDA

• Common EBITDA:  $94,143
• Quantity That Met or Exceeded the Common:  19 (47.5%)
• Lowest EBITDA:  $(31,850)
• Highest EBITDA:  $376,496
• Median EBITDA:  $72,376

• Price of Items Bought means the share of income spent on all meals, paper, cardboard, and beverage merchandise utilized in creating remaining meals and beverage merchandise for patrons.

• Price of Labor means the p.c of income spent on staff’ precise wages and supervisor’s wage and doesn’t embrace any labor taxes or advantages.

• EBITDA means earnings earlier than curiosity, taxes, depreciation, and amortization.

Part VI – Toppers Pizza Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️