How To Buy Stock In Blaze Pizza
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If you consider investing in a pizza franchise, then Blaze Pizza is a serious option. As of April 30, 2021, the company owns and runs 313 restaurants in the United States alone. Out of this, 306 are franchised, and 7 are corporate restaurants.
Blaze Pizza is the company that owns and operates a chain of fast-casual artisan pizza stores in the U.S and beyond. The first flagship store was opened by Elise Wetzel in 2011 and is based in Pasadena, California. As of now, there are 313 franchises in the United States and 12 outside the country.
Blaze Pizza imposes a 5-6% continuing royalty fee on gross sales and a 2% creative (advertising) fee on gross sales. So, if you plan to invest in Blaze Pizza stock in the United States, it would be best to have liquid cash of at least $500,000. This estimated investment fee should cover all expenses, including the first three months of operation.
Disclaimer: These are estimated initial expenses based on the historical costs to invest in Blaze Pizza stock. These figures are bound to change depending upon the current market conditions and location of your franchise.
Depending upon your finances, location, and other pertinent factors, Blaze Pizza might be the right franchise for you. The brand has a competitive edge over every chain pizza as well as a mom-and-pop pizzeria. One of the reasons for this massive success is that they serve their pizza at blazing speed, usually 2-3 minutes.
Blaze Pizza is a Pasadena, California-based fast-casual dining restaurant chain that serves pizza. Founded in 2011 by Elise and Rick Wetzel of Wetzel's Pretzels, Blaze Pizza was modeled after Chipotle's made-to-order approach to serving customers.[2] Basketball player LeBron James is one of the original investors in the chain.[3]
Customers begin orders by choosing which of the toppings, sauces, and cheeses they would like on their pizza. As customers work their way down the service line, staff assemble a pizza based on customer instructions.[4][5][6] Pizza are then \"Fast Fire'd\" in a high-temperature open-flame oven with an average cook time of 3 minutes.[5]
The Blaze ovens are \"7 foot (2.1 m)-wide gas-fired (60,000 BTU (63,000 kJ)) units operated at average temperatures of 700 F (371 C) to 800 F (427 C),\" according to the company's executive chef.[7] Since the high-temperature gas-fired pizza oven is the only piece of cooking equipment inside each of the restaurants, the same oven is also used to roast the chicken, cook the Italian sausage and meatballs, and bake some of the desserts.[7]
By the end of 2014, Blaze had become the first fast-casual pizza restaurant to achieve 50 opened units.[11] At that time, the company had commitments with franchise partners to open 343 restaurants in 39 states. The chain had grown to $33 million in sales and $1.55 AUV in 2014.[12] The company planned to have at least 500 locations by 2020.[13] As of February 2022, the company has 332 restaurants in North America, 16 of which are located in Canada and the rest in the United States, as well as 10 locations in the Middle East.[14][15]
Blaze Pizza has confirmed that it has the final elements in place to go public, a key step that brand leadership sees toward beginning to take a run at pizza's so-called Big Three of Domino's, Pizza Hut and Papa John's, which are all publicly traded now.
Pizza Hut: Starting at 8 a.m. ET on Monday, March 14, the Pizza Hut blog will post three math word problems, created with the help of Princeton University professor John H. Conway. Pizza (or math) lovers are being asked to submit their answers to the problems in the comment section, and those who are correct are rewarded with free pizza for 3.14 years, which is reportedly worth $1,600.
Last month LeBron James ranked second overall on Forbes' 'Highest-Paid Athletes' list, having earned $86.2 million in 2017, so it should come as no surprise that the King is pretty business savvy. Outside of James' $33.2 million annual salary, the Cavaliers star has a whole assortment of endorsement deals and business investments that have netted him a fair amount of money, including his investment in the up and coming pizza franchise, Blaze Pizza.According to ESPN's Darren Rovell, James invested less than $1 million in Blaze Pizza back in 2012 and stands to gain around $25 million for his ten percent stake in the company. Not a bad slice of the pie.
The Crew Member is responsible for performing a variety of duties within a fast food establishment which may include cleaning the food or stock areas, operating fryers & microwaves, manning food preparation production line, assisting in the kitchen area, and maintaining inventory; performs all other responsibilities as directed by the business or as assigned by management. This is a non-exempt position.
Blaze Pizza, which is opening its first Greenville location at 109 N. Main St., can be considered akin to a Chipotle but for pizza. Customers select their preferred combination of toppings and sauces, with 40 different fresh options to choose from, and then an oven cooks the pizzas in just 3 minutes.
All the pizza dough is scratch made, with a 24-hour fermentation period to give the crust a light, crisp texture. Gluten-free and keto options are also available, as are vegan cheese and plant-based spicy chorizo.
No one wants animals to be hurt so that they can enjoy a slice of pizza. And finding vegan options at Blaze Pizza and other restaurants nowadays is easy as pie, because more than 45 national pizza chains offer vegan cheese!
\"We saw enthusiasm in our test markets, but with the national launch, demand soared. Once the news went viral to guests embracing the Keto lifestyle, we completely depleted our stock in less than a week,\" Blaze Pizza Executive Chef, Bradford Kent, said in the announcement. \"As the first national chain to unveil a Keto Crust, we're excited to once again give those following Keto dietary guidelines a chance to get their pizza back.\"
The brand is also returning its keto and protein pizzas to a lineup of four new \"Life Mode\" pies, which also includes vegetarian and vegan. Life Mode pizzas are exclusively available to customers online or via Blaze's mobile app.
The Life Mode Keto pizza has spicy red sauce, mozzarella, ovalini mozzarella, bacon, cherry tomatoes, mushrooms and spinach, while the Protein pie has regular red sauce, mozzarella, Italian meatballs, smoked ham, grilled chicken, black olives, green bell peppers and oregano. The Vegan pizza has an original dough crust, red sauce, vegan cheese, spicy vegan chorizo, mushrooms, red onions, green bell peppers, basil and olive oil drizzle, while Vegetarian pies have a cauliflower crust, red sauce, mozzarella, ricotta, artichokes, kalamata olives, red onions and spinach.
Self-driving robots from Starship Technologies can now deliver Starbucks, Blaze pizzas, sushi rolls, and almost anything but alcohol to students on college campuses in the U.S. via partnerships with food service companies including Sodexo and Compass Group.
Have your own backyard pizza party with a pizza stone from Blaze Outdoor Products. This 15-inch pizza stone is made from high-fired refractory ceramics and has a stainless steel tray that elevates the stone, so you can evenly bake a pizza or even desserts! This stone is specifically designed for Blaze Professional grills and tray sits on the ledges inside the grill where the cooking grates sit. The cooking grid must be removed to set this tray on the ledge. It can also rest on top of the cooking grids of other brands of gas grills. The stone is resistant to thermal shock so it will not crack if exposed to extreme temperature changes. Not for use with Blaze Original Grills.
Blaze Pizza, a startup pizza chain that builds customized pizzas for customers similar to the way Chipotle approaches burritos, is ramping up its efforts to challenge the delivery-oriented pizza giants, particularly Domino's.
IPOs in the fast-casual arena haven't always gone well. In 2013, for instance, Potbelly Corp. generated much excitement among investors, with its shares nearly doubling in the company's first trading session. That didn't last. The stock is now trading at about $4.50/share, compared with a high of over $30/share after the IPO.
Whatever the timing of an IPO, Blaze Pizza faces an uphill battle against the pizza giants. The company has about 340 locations in six countries, and projects sales of over $400M in 2019. That compares with the leader in the pizza business, Domino's, which has more than 15,000 locations worldwide, with sales close to $6.6B last year.
The startup pizza company is also putting more emphasis on its delivery via mobile ordering, because in the struggle for pizza market share, much hinges on the various pizza makers' approaches to delivering pizza. Online ordering is easier than ever, and customers expect more from food delivery services than ever before. Customers are turning to Grubhub and its competitors like DoorDash, Uber Eats and Postmates to order food, obviating the need to go to physical restaurants.
According to a Mashed interview with the restaurant's founders Rick and Elise Wetzel, LeBron James legit loves Blaze, and his ownership of 19 franchise locations reflects his passion for their make-your-own pizza concept. They described his involvement as that of a part owner, an active investor, and an endorser.
Blaze Pizza stands out from what can sometimes be a crowded market for fast-casual restaurants through our unique approach to craft pizza and dedication to a one-of-a-kind experience. Blaze Pizza franchisees are supported in various ways to satisfy the guest with custom, made-to-order pizza's, salads, and more that best fit the tastes of the local market(s) that they have adopted. Opening a new pizza business in Washington, D.C., will allow you the freedom to not only be your own boss, but even better: to serve your community. 781b155fdc