Week 11: Westside Pizza & Soccer Shots
Discover more from The Wolf Report
Week 11: Westside Pizza & Soccer Shots
Pizza franchise from Idaho + a low cost children's business
Welcome to Franchise Breakdowns, a weekly email covering up & coming franchises to help you find the next big brand. If youâre reading this but havenât subscribed, you can do so here:
To Franchise Owners,
Wait, are you really a franchise owner?
SeriouslyâŠthis is Week 11 of the newsletter and I donât even know anything about you! If you have 90 seconds (I promise it wonât take longer đ€), Iâd appreciate it if you filled out this quick form before reading on. Doing so will teach me about you, and will help me create better & more educational content based on what you and the hundreds of other Franchise Breakdowns readers are all truly interested in.
Help me help you! Thank you!
P.S.Â
Iâll be randomly selecting one person who completes the survey for a free 1v1 consultation call where you can pick my brain and ask me anything youâd like about franchises!
Now, on to the breakdowns for Westside Pizza and Soccer Shots!
DISCLAIMER: DO NOT CONSIDER ANYTHING WRITTEN BELOW AS INVESTMENT ADVICE. IF YOU DECIDE TO PURCHASE A FRANCHISE, YOU MUST DO YOUR OWN RESEARCH, AND REALIZE ANY INVESTMENT MAY GO TO $0.00.
Westside Pizza
Fast Facts
Background
Founded in 1996 in Boise, Idaho
Franchising since 2006; 36 units open as of 2021
Known for fresh ingredients as well as fun specialty pizza pieâs
Fees + Investment
Royalty: 4% of gross sales
Brand Fund: Up to 1% of gross sales
Franchise Fee: $25,000
Initial Investment: $129,150 - $397,750
Financial Performance
The following table illustrates the average monthly gross sales of 25 franchisees for the full year 2020
The Wolfâs Take đÂ
Looking at the 25 units, the average monthly unit sales in covid was $66,260 , and 12 (48%) of franchisees exceeded this average. Pizza businesses revenues were not impacted negatively during covid given they already thrived on take-out orders, and Westside Pizza was no different.
Their average monthly unit sales put the annual revenue at $795,120. This means it is a 2:1 sales to investment ratio based on the high end of the initial investment. If youâre interested in pizza businesses, Westside runs at a lower investment than the big players such as Dominos, Little Caesarâs, etc. and has shown it can compete in the current markets where they operate.
Recent Press
Soccer Shots
Fast Facts
Background
Founded in 1997, franchising since 2005
248 units of 2021
This is a low cost childrenâs business that teaches kids the basics of soccer in a fun, low pressure environment via schools and public parks
Fees + Investment
Royalty: 7% of gross sales
Brand Fund: $1,000 per year, can be up to 2% of gross sales
Franchise Fee: $36,500
Initial Investment: $43,500 - $60,300
Financial Performance
Average Income Statement per Single Territory Reporting Franchisee in 2019, 2020, and Q1 2021
The Wolfâs Take đÂ
This is one of the lowest cost franchises out there, but with 200+ territories being operated, thereâs clearly an appetite for it - and with average EBITDAâs coming in around 20% the past few years itâs not surprising.
Iâm not sure how scalable this franchise is across multiple territories, but it could be a a lower risk business for someone dipping their toes into entrepreneurship - or even act as a complimentary business for someone already operating in childrenâs services. Note that they do accept owner-operators AND âexecutive ownersâ i.e. for those who arenât looking to be too involved in the day-to-day.
Recent Press
Thatâs it for this weekâs Franchise Breakdowns. Feel free to reply with any questions or feedback, or leave a comment. If someone sent this your way and you havenât subscribed yet, you can also do that below. Thanks and see you next week!
NOTICE REGARDING FRANCHISE INFORMATION
The Wolf of Franchises does NOT guarantee the financial performance of any franchise mentioned. The decision to purchase a licensed affiliate or franchise must be based on your own independent research. The Wolf of Franchises is not liable for any representation made by an affiliate, associate, marketing material, or Franchise Disclosure Document of a franchise with respect to real estate, financial, operations, or marketing performance of the business being acquired.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only, and any financial data and/or projections is clearly based upon information provided by franchises in their respective Franchise Disclosure Document. The offer of a franchise can only be made through the delivery of a franchise disclosure document, from a certified seller of the brand, which The Wolf of Franchises makes no claim to be. Do not consider any information here as a guarantee of financial performance. The Wolf of Franchises has no affiliation or relationship of any kind with any of the brands covered in this newsletter, but simply provides data that is publicly available online or in Franchise Disclosure Documents.
All data from Franchise Disclosure Documentâs is based on past performance, and if you were to purchase a franchise covered in the Wolf of Franchises newsletter, it is entirely possible that you lose your entire investment and go bankrupt.