What Are My Startup Costs?

Opening a MidiCi The Neapolitan Pizza Company franchise is more affordable than you think

When you walk into a MidiCi The Neapolitan Pizza Company, the first thing you’ll notice is that the fit and finish is best-in-class. From authentic ovens to marble counters to brass fixtures and a tremendous attention to detail, MidiCi The Neapolitan Pizza Company doesn’t feel like a fast-casual franchise. It feels like a very high-end, artisan restaurant. That’s by design — our architect is well known for some of California’s finest restaurants.

Learn about the pizza franchise costs to open your own MidiCi franchise!

What will surprise you is that our pizza franchise costs are more in line with typical fast-casual restaurants. Although we have an upscale look, our initial investment is much more reasonable than you would expect.

On average, the startup cost for a single-unit MidiCi The Neapolitan Pizza Company franchise is $612,616 – $774,948. The estimated startup cost for a multi-unit franchise is $674,616 – $868,948.

Our minimum criteria for new franchisees

  • $500,000 in liquid assets. This includes anything besides home equity that can be converted to cash within 30 days. Retirement accounts such as a 401(k) or IRA can be considered.
  • Net worth of $1 million
  • Strong credit

MidiCi franchise costs: Single-Unit Model

This investment range is based on a single-unit MidiCi The Neapolitan Pizza Company location:

ESTIMATED INITIAL INVESTMENT
(Single-Unit Agreement)
Type of Expenditure Amount Method of Payment When Due   To Whom Payment is to be Made
Franchise Fee $46,000 Certified funds   At time of signing of Franchise Agreement Us
Training Expenses $3,500- $6,000 Check, cash, or credit card As incurred Paid to various vendors
Development Services Fee  $3,950 As agreed to At time of signing Franchise Agreement Us
Rent Deposit $9,166- $27,498 As agreed to As incurred Landlord
Leasehold improvements $225,000-  $311,000   As agreed to As incurred Paid to various providers
Furniture, Fixtures, and Equipment $175,000- $190,000 As agreed to As incurred Paid to various required suppliers
Computer (POS) System $17,000 As agreed to As incurred Vendor
Signage $8,000 -14,000 As agreed to As incurred Vendor
Opening Inventory $10,000 As agreed to As incurred Designated and approved suppliers
Uniforms, Merchandise, Equipment, and Sales $7,000 Certified funds As incurred Us
Initial Marketing $8,000 As agreed to As incurred Vendors
Utility Deposits, Security Deposits, Business Licenses, Liquor License, etc. $5,000-$11,000 As agreed to As incurred Various govt. entities, utility companies
Inspection Fee $0 -$1,500 As agreed to As incurred Us
Additional Funds—3 Months $95,000 – $122,000 As agreed to As incurred Various vendors  
Total $612,616 – $774,948

 

MidiCi franchise costs: Multi-Unit Model

This investment range is based on multi-unit MidiCi The Neapolitan Pizza Company locations:

ESTIMATED INITIAL INVESTMENT

(Multi Unit Agreement)

Type of Expenditure Amount Method of Payment When Due   To Whom Payment Is to be Made
Estimated Initial Investment for First Restaurant $566,616- $728,948 As outlined in table above As outlined in table above As outlined in table above
Multi-Unit Fee $108,000- $140,000 Certified funds At time of signing of Multi-Unit Agreement Us
Total $674,616- $868,948

 

Want to learn more? Fill out the form and download our franchise information report, or call to talk with one of our franchise recruiters. We’ll help you understand the costs involved.