Business Description

PIZZA NOVA specializes in traditional Italian pizza, pastas and chicken wings. All menu items are prepared fresh daily and are available for take-out or delivery. We pride ourselves on quality and service.

Franchisor Background

Year Established:  1963

Franchising Since:  1969

Operating Units:
Franchised Units:	85	97.7%
Company-Owned Units:	2	2.3%
Total Operating Units:	87	100.0%
Geographic Distribution: U.S.: 1 1.1% In 1 States Canada: 80 92% In 1 Canadian Provinces International: 6 6.9% In 0 Foreign Countries   Total: 87 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Ontario	80

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$
Cash Investment:	$40K
Total Investment:	$125-135K
Average Total Investment:	$110K
Fees:
Initial Franchise Fee:	$NA
Average Franchise Fee:	$-1K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	4%

Average Number of Employees: 4 Full-time, 6 Part-time

Space Needs (in square footage): 800-1,100

Preferred Sites: Storefront, Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	4
General Business Experience:	4
Specific Industry Experience:	4
Formal Education:	2
Psychological Profile:	4
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	Yes
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	18
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Not Applicable
Training:
Expansion Plans
Projected New Units Over Next 12 months: 10 U.S.: No Canada: Yes, ON Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Pizza Nova Take Out.