The Original Red's Savoy Pizza Franchise Review

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The Original Red's Savoy Pizza is graded based on our most recent FDD research!

Franchise Opportunity Facts

The Original Red's Savoy Pizza makes and sells pizza and related items for dine-in, delivery, and carryout.

What is the upfront investment costs to own a The Original Red's Savoy Pizza franchise?

The Original Red's Savoy Pizza has a franchise fee of up to $30,000, with a total upfront investment range of $193,800 to $497,250.

  • Initial Franchise Fee: $30,000
  • Total Investment: $193,800 to $497,250
  • Working Capital: $12,000 to $25,000
  • Royalty Fee: 5.0%

The initial cost of any franchise includes many fees. Explore this investment opportunity to better understand the initial costs required to purchase a The Original Red's Savoy Pizza, such as territory fees, real estate costs, pre-opening advertising, and technology fees. As a reminder, franchisors are required to provide you with details about all initial fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay.

Can you Afford an The Original Red's Savoy Pizza Franchise. Complete our Affordability Calculator to find out!

How much can I earn by owning a The Original Red's Savoy Pizza franchise?

As with any new franchised business, there should be a solid return on your investment and profit potential. The specific franchisee's salary and the revenue from a The Original Red's Savoy Pizza business will depend on many factors. One way to check on the potential revenues or profits earned from a The Original Red's Savoy Pizza franchise investment is to analzye the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is not required within a franchisor's disclosure and approximately 68% of all franchisors that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as average gross revenues. This type of financial disclosure is not always helpful to assess profits for you directly. So review systemwide sales data with caution. As a general rule, typically profits and owner's income are correspond to the overall size of the initial investment. The larger the initial investment, the larger profits you could expect to see. Another determining factor to profitability is based on the number of locations you purchase. If you purchase multiple outlets (typically defined as Area Development Agreements), you can expect that as you open the next location, you will generate more revenue and profits overall. Demand for your products, the labor costs in your city, commercial lease rates and several other variables also play a large role in your earnings and your take-home salary. Your future returns are associated with the franchise system’s success. Your returns and owner's income is not just dependent on how well your own location performs, you need to review how well the entire franchise system is performing. Determine how the franchise company makes money and review their financial returns.

For additional information and system-specific data on the revenue of a The Original Red's Savoy Pizza franchise, unlock this franchise

How many franchise locations does The Original Red's Savoy Pizza franchise operate?

As of the 2020 Franchise Disclosure Document, there are 16 franchised The Original Red's Savoy Pizza locations across the USA.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any The Original Red's Savoy Pizza franchise opportunities in my city?

Based on 2020 FDD research, The Original Red's Savoy Pizza has franchise locations in 1 states. There may be zero outlets in several states as each franchise company maps out their development strategy differently.

MN

Based on our research The Original Red's Savoy Pizza is expanding into new locations and could be available near you. While planning your franchise purchase, you always need to be thinking about what is a good location for my business. Anlayze the potential customer base to confirm that the area you are looking at has a need or a market for this franchise.

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Last Reviewed: 2020

The Original Red's Savoy Pizza Franchise STATS

Total Investment
$193,800 - $497,250
Franchise Fee
$30,000
Franchise agreement
Initial Term
7 Years
Renewal Term
7 Years
Franchise outlet growth
2014
11
2019
16
Ongoing fees
Royalty
5.0%
ad fees
2.5%
# of franchised outlets
16

FAQS

Does this opportunity provide any initial training and opening assistance?

Yes, they have an initial training program of 196 hours. This includes 0 hours of classroom training, 196 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 196
Classroom 0
Total 196

Does this opportunity offer Territory Rights?

The Original Red's Savoy Pizza offers territory protections. For an explanation of territory rights, unlock this franchise for important details.

Do they have computer and technology support in place?

Yes, The Original Red's Savoy Pizza offers comprehensive support for franchisees. Unlock this franchise to find out more.


How long ago did they start franchising?

They began franchising in 2009. The average Bar and Grill franchise began franchising in 2010.


Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.

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