WESTLAKE VILLAGE, Calif. – PizzaRev, the iconic Southern California fast casual concept that has built legions of loyal fans nationwide as the quality leader among build-your-own pizza brands, today announced its 2018 development royalty incentive program for prospective franchisees.
The “1-3-5 Royalty Incentive” program is available for a limited time offering an unmatched opportunity to entrepreneurially driven individuals seeking investment opportunities in the strongest restaurant category, fast casual. The category has seen double digit growth year-over-year.
Qualified candidates will benefit from the tiered royalty structure as follows:
This tiered incentive deal applies only to units franchisees commit to developing in 2018 and allows franchisees to reinvest what would have been spent on royalties back into their businesses. Typically, the royalty fee is a flat five percent of revenues.
About PizzaRev
Founded in Los Angeles in 2012, PizzaRev is a "build-your-own" fast-casual pizza concept that has reinvented the way America eats its favorite food. Guests are empowered to fully customize a personal-sized 11" pizza for one price. Homemade dough options, flavorful sauces, all-natural cheeses, and more than 30 artisanal toppings, everything is on display at PizzaRev and crafted right before your eyes. The pizzas are then fired in a 900-degree, stone-bed oven which produces a crispy Roman-style pizza in just three minutes.
In 2017, Cleveland Avenue, LLC, a Chicago-based accelerator that strategically invests in innovative, consumer-focused restaurant, food and beverage concepts, became a strategic partner and majority investor in PizzaRev.
PizzaRev, which is currently franchising, operates more than 45 locations with an additional 200 franchises under development across Mexico and 11 states: CA, CO, FL, GA, NV, NY, OH, SD, TN, TX and UT.