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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 pie’s

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 Wolf’s Take 🍟 

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 you’re interested in pizza businesses, Westside runs at a lower investment than the big players such as Dominos, Little Caesar’s, etc. and has shown it can compete in the current markets where they operate.

Recent Press

• New Westside Pizza in Northern Idaho

Soccer Shots

Fast Facts

Background

• Founded in 1997, franchising since 2005

• 248 units of 2021

• This is a low cost children’s 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 Wolf’s Take 🍟 

This is one of the lowest cost franchises out there, but with 200+ territories being operated, there’s clearly an appetite for it - and with average EBITDA’s coming in around 20% the past few years it’s not surprising.

I’m 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 children’s services. Note that they do accept owner-operators AND “executive owners” i.e. for those who aren’t looking to be too involved in the day-to-day.

Recent Press

• 5 Sports Franchises We Love

• Dillsburg Couple Opens New Soccer Shots Franchise

That’s it for this week’s Franchise Breakdowns. Feel free to reply with any questions or feedback, or leave a comment. If someone sent this your way and you haven’t subscribed yet, you can also do that below. Thanks and see you next week!

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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 Document’s 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.