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Straw Hat Pizza
18 Crow Canyon Ct., # 150
San Ramon, CA 94583-1669
800#: 87-STRAWHAT
Tel: (925) 837-3400
Fax: (925) 820-1080
E-Mail: [email protected]
Web Site: www.strawhatpizza.com
Contact: Mr. Joshua V. Richman, President/CEO
STRAW HAT PIZZA is a cooperative owned by a membership made up of individual store owners. Royalty fees are very low and more than offset by purchasing, insurance and marketing advantages. Stores operate under a detailed system, yet are allowed a great deal of flexibility. Store owners participate in the operation of the parent company.
Franchisor Background
Established: 1959
First Franchise: 1969
Franchise Units: 45
Company-Owned Units: 0
Total Units: 45
Distribution:
U.S. -- 45;
Canada -- 0;
International -- 0
-North America -- Operations in 2 States
-States/Provinces with Greatest Density: 44 in CA, 1 in NV
Projected New Units Over Next 12 months: 4
Franchisee Qualifications: 4, 4, 3, 3, 4, 4
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 3-5 FT, 8-15 PT (FT = Full Time, PT = Part Time)
Space Needs: 4,000 SF; FS,SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $100-200K
Total Investment: $150-600K
Average Total Investment: $375.0K
Minimum Net Worth: $250K
Fees:
-Franchise: $16K
-Average Franchise Fee: $16.0K
-Royalty: 2%
-Average Royalty: 2.0%
-Advertising: 0.75%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 6
On-Going Support: B,C,D,F,G,h (Click here for an explanation)
Training: 4 Weeks Vallejo, CA
Franchisor's Specific Expansion Plans
U.S.: West
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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