January 2, 2025
Pizza Factory is planning to sign 10 franchise agreements as part of a new incentive plan designed to accelerate nationwide growth, according to a press release.
The incentive program offers a reduced franchise fee of $15,000 (40% off), four months of no royalties and a reduced royalty of 4% for the following eight months. The program is active and will run through April 1, 2025. Designed to support new franchisees and encourage growth into new markets, the initiative reflects Pizza Factory's commitment to its franchisees and reinforces its reputation as a leader within the competitive pizza segment.
"It is amazing to look back at all the entrepreneurial dreams Pizza Factory has made a reality for franchisees over the last 40 years," Mary Jane Riva, CEO of Pizza Factory, said in the release. "I could not think of a better way to commemorate this incredible milestone than this initiative. This incentive program is about driving growth for new franchisees who are eager to join our family. As a brand, we have a lot in store for 2025 and this incentive program will be an integral part of our upcoming expansion. I'm so proud of what we've been able to accomplish over the last four decades of franchising and I see an equally exciting next few years on the horizon."
The brand plans to open three locations this month, including Jackson, California, Paradise, California, and Silver Springs, Nevada.