Who Owns Blaze Pizza Franchise?

Blaze Pizza is owned by its cofounders and multiple prominent spokespeople, such as Lebron James. In fact, Lebron James owns and operates a handful of franchised Blaze Pizza restaurants, so he owns a significant amount of the current private stock.
Blaze Pizza

Blaze Pizza in Tallahassee, Florida, USA
Key people Rick Wetzel (Co-Founder) Elise Wetzel (Co-Founder) Brad Kent (Executive Chef) Mandy Shaw (President, CEO) Ana Henton (Interior Design Architect) LeBron James (Part-owner/Spokesman)
Products Pizza, salad, dough knots, desserts, drinks
Website blazepizza.com

How many Blaze Pizza franchises does LeBron James own?

James now owns 19 Blaze Pizza franchises and counting. This investment, combined with several other smart financial decisions, have made him a very wealthy man. This might have people wondering one thing, however. Is James a billionaire? Is LeBron James a billionaire? Very few athletes can claim membership in the exclusive billionaire’s club.

How many Blaze Pizza franchises does James Henson own?

James now owns 19 Blaze Pizza franchises and counting. This investment, combined with several other smart financial decisions, have made him a very wealthy man. This might have people wondering one thing, however.

Is Blaze Pizza worth $250 million?

The valuation was confirmed when Blaze Pizza sold an undisclosed percentage of the company to private equity firm Brentwood Associates a few weeks ago that valued the company at around $250 million, sources said. James owns about 10 percent.

How do I become a Blaze Pizza franchise owner?

In order to open a Blaze Pizza franchise, you must have a net worth of more than $454,000. Appreciate the investment required for a restaurant franchise. Evaluate your prior experience and strengths. You should thoroughly evaluate your prior business experience before applying to become a Blaze Pizza franchise owner. Assess market availability.

Is Blaze Pizza owned by LeBron James?

In 2012, LeBron James invested $1 million in a pizza chain called Blaze Pizza and opened two outlets.

How much does LeBron make from Blaze Pizza?

ESPN.com’s Darren Rovell reported Monday that James stands to gain at least $25 million for his roughly 10 percent stake in nationwide chain Blaze Pizza.

How many Blaze Pizza does LeBron James own?

His home arena, The Staples Center, even has a Blaze in house, although that was there before James ever put on a Los Angeles Lakers jersey. James now owns 19 Blaze Pizza franchises and counting. This investment, combined with several other smart financial decisions, have made him a very wealthy man.

Who owns Blaze Pizza Patrick Schwarzenegger?

In 2014, Schwarzenegger franchised his own Blaze Pizza at The Grove in Los Angeles. He has since opened up other locations at USC, which he attended, and Staples Center. Patrick is also signed with LA Models, which had plans to push him for Ralph Lauren and Armani ad campaigns.

What pizza franchise does LeBron own?

Headquartered in Los Angeles, Blaze Pizza has more than 340 restaurants across 41 states and six countries. The chain gained national attention in 2012 when NBA superstar Lebron James invested $1 million in the company — which then grew to a $35 million investment.

Is LeBron James a billionaire?

LeBron James Net Worth – $500 Million

It’s only a matter of time before James is a billionaire. LeBron entered the NBA at age 18, and has made over $385 million in his career to this point.

Is Blaze Pizza profitable?

The average gross sales of all franchised Blaze Pizza restaurants between 2019 and 2020 was $1,103,681. The 2020 median gross sales were $1,183,590 and the 2019 median gross sales were $921,602.

Does LeBron James own a piece of the Red Sox?

The Los Angeles Lakers star and his longtime friend, Maverick Carter, last month became the newest partners in the Fenway Sports Group, the behemoth also known as FSG that owns the Sox, Liverpool Football Club, Fenway Park and a majority stake in NESN.

Who is the owner of Mod Pizza?

ABOUT MOD PIZZA

MOD Pizza is a purpose-led, people-first brand founded in Seattle in 2008 by serial entrepreneurs Scott and Ally Svenson.

Is klutch Sports owned by LeBron?

Klutch Sports Group is an American sports agency based in Los Angeles, California. It is founded by professional basketball player LeBron James’ best friend and sports agent, Rich Paul.

What pizza place does Shaq own?

O’Neal’s nine Papa John’s pizza franchises cost in the neighborhood of $800,000 a piece, so he looks to have holdings worth in the neighborhood of $7 million. He also serves as a brand ambassador for the 37-year-old company and has been on its board of directors since 2019.

What does Joseph Baena do for a living?

Over by the weight rack, aspiring actor/bodybuilder/real estate player Joseph Baena—Joe to his friends—is manhandling a couple massive dumbbells as an MH video crew jockeys for its best angle.

Is Joseph Baena an actor?

Joseph Baena was born on October 2, 1997 in Los Angeles, California, USA. He is an actor, known for

Who owns Blaze Pizza?

Who Owns Blaze Pizza? Blaze Pizza is owned by several of its co-founders and major spokespeople, such as Lebron James. In fact, Lebron James owns and operates a handful of franchised Blaze Pizza restaurants, so he owns a significant amount of the current private stock.

Is Blaze Pizza owned by LeBron James?

James got into the pizza game in 2012 when he and his business partners made a small investment (by their standards) into Blaze Pizza. The group invested roughly $1 million into the small pizza chain, and it has exploded. Now, you can find James tweeting about Blaze Pizza from time to time while his investment in the company continues to grow.

Who owns Blaze Pizza LeBron James?

Today, LeBron James is all-in on Blaze as an investor, franchisee and paid endorser of the company. “LeBron helps us punch in terms of our brand awareness well above our weight,” says Blaze Pizza CEO Jim Mizes.

Can You Buy Blaze Pizza Stock? Here’s What You Need To Know!

Blaze Pizza is not well-known to everyone, but those who have heard of it are eager to purchase Blaze Pizza Stock on the open market.This California-based pizza restaurant is fast growing in popularity, which is not surprising given the decline of several other pizza franchises such as Papa John’s and Domino’s.Made-to-Order Pizza combines many of the greatest characteristics of quick food with the level of customisation that customers desire.Blaze Pizza allows customers to create their own pizza and have it delivered in an average of three minutes, according to the restaurant.A increasing number of astute investors are wondering, ″Can you purchase Blaze Pizza stock?″ as a result of the expanding popularity of this brand.Continue reading for further information as we address this and other questions.

What Is Blaze Pizza?

Blaze Pizza was started by Elise and Rick Wetzel, who were previously the owners of Wetzel’s Pretzels in New York City.In order to replicate the Chipotle concept of ″made-to-order″ burrito bowls and tacos, the couple decided to open a pizza business.They saw a vacuum in the present pizza restaurant industry and sought to fill it by catering to a hitherto untapped consumer group of people who love pizza.The first location opened in Irvine, California, in August 2012, with an emphasis on producing pizzas that could be prepared in three minutes or less.The Wetzels created their initial spread of accessible ingredients based on what they were confident they could prepare swiftly and deliciously on the spot.In October 2012, a second flagship store in Pasadena opened its doors.

People embraced the concept of custom-made pizza that was also delicious, rather than pre-made pizza that was thrown together carelessly.The Blaze Pizza Irvine store made over $1.8 million in its first year of business, and the Blaze Pizza Pasadena location made over $2.5 million in its first year of operation.Blaze Pizza had opened 50 new locations by the end of 2014, making it one of the most rapidly expanding businesses in the United States.Blaze Pizza stated in 2015 that it will be opening restaurants outside of the United States, notably in Canada.As a result, the company moved fast to fulfill its promise, first creating a Blaze Pizza franchise in Toronto in October 2015 and then a second one in Calgary in February 2016.

  1. Blaze Pizza has grown significantly since then, including locations in British Columbia, Kuwait, and the Saudi Arabian capital city of Riyadh.
  2. After opening a pizza shop in the United Arab Emirates in September of this year, Blaze Pizza has expanded internationally.
  3. All of this has occurred before to the business’s initial public offering (IPO), however the company has said that it intends to undertake an IPO in the near future.

This is excellent news for investors who are considering purchasing stock in the firm as a result of this development.

Who Owns Blaze Pizza?

Blaze Pizza is owned by its co-founders as well as a number of renowned spokesmen, including Lebron James, among others.Because Lebron James owns and controls a small number of Blaze Pizza franchise locations, he currently holds a considerable percentage of the company’s current private shares, according to public filings.Cofounders Rick Wetzel and Elise Wetzel, Brad Kent, and Mandy Shaw are among the other proprietors of Blaze Pizza, which has eight locations.

How Much Is Blaze Pizza Worth?

Blaze Pizza’s net worth is kept under wraps because it is a privately held corporation. Basing its current projected value on prior investments and growth, Blaze Pizza is believed to be worth approximately $1 billion.

What Is Blaze Pizza’s Revenue?

The corporation generates revenues in excess of $325 million each year.Blaze Pizza now operates almost 300 company-owned and franchised stores.Are you ready to start building your portfolio?It’s possible to follow other investors, find firms that share your values, and invest in stocks and cryptocurrency with very little money thanks to Public.com.Is there anything more you want to do?Check out Public Now!

for more information.

Why Is Blaze Pizza Successful?

Blaze Pizza’s popularity may be attributed to the fact that it successfully blends two main concepts: quick food and customized pizza.Pizza franchises in the United States often enable you to choose from a limited selection of predesigned pizza selections.While you may customize your pizza by removing toppings here and there, you’re generally limited to specific pizza archetypes or tastes.And it is this that distinguishes Blaze Pizza from the competition.In each franchised store, customers can approach the counter and talk with the chefs before their pies are placed in the oven.They have the ability to choose the toppings or sauces they like, as well as which type of dough is utilized, and so on.

There is also an extensive assortment of alcoholic beverages and wine, which distinguishes it from competitors such as Pizza Hut.All of this strikes a chord with modern foodies, who increasingly want to have their cuisine prepared to their specifications rather than having to pick from a preset menu.Blaze Pizza, on the other hand, is successful simply because its pizzas are delicious!Customers’ pizzas are prepared using high-quality ingredients and materials by the franchise.There are several customer favorites and speciality options on the Blaze Pizza menu, including gluten-free dough.

  1. In addition to trademark salads and a wide selection of craft beers and wines, fresh lemonades, and other beverages, customers may finish their meals with lightning-fast service.
  2. There are just two pieces of cooking equipment in each restaurant: a high-temperature gas-fired pizza oven and a pizza stone.
  3. Besides baking, the oven is also used to prepare Italian sausage and meatballs as well as poultry and even certain sweets.

Simply simply, Blaze Pizza outperforms other pizza companies in the United States because it provides delicious food in the manner in which customers choose to consume it.

Can You Buy Blaze Pizza Stock?

Unfortunately, you are unable to purchase Blaze Pizza Stock at this time.Despite the fact that Blaze Pizza is quickly becoming one of the most popular pizza franchises in the country, the company has not yet completed an Initial Public Offering (IPO), making it impossible to purchase individual stock units.However, there is one means through which you may invest in Blaze Pizza stock: franchising the company.By franchising, you agree to pay a franchise fee in exchange for the right to create a Blaze Pizza location in your community.In order to do so, a large amount of startup cash is required.For example, opening a single Blaze Pizza franchise restaurant may cost you anywhere between $454,000 and $1,150,500, depending on the location and the materials you’ll need to buy to run the business successfully.

What Is Blaze Pizza’s IPO Date?

Blaze Pizza is likely to announce its initial public offering (IPO) date in 2022. The owners have claimed that they want to reach 500 stores first, and that they are on schedule to accomplish this objective this year. Blaze Pizza is expected to announce its initial public offering (IPO) in the third quarter of 2022 or before.

What Is the Blaze Pizza Stock Symbol?

Blaze Pizza does not have a stock symbol at this time because it is not traded on the NASDAQ or any other stock market, according to the company. Investors will be able to see what stock symbol the business is applying for once it files for its first public offering. A remarkable and significant experience, such as BLAZ, is what fans aspire to receive.

What Is Blaze Pizza’s Stock Price?

The price of Blaze Pizza’s stock will be determined by the number of public stock shares that are issued and the valuation of the firm at the time of the offering.Looking at some of the company’s top rivals is a good method to get a sense of how much this will cost.If you want to make an investment but don’t want to break the bank by launching a franchise store, this is a better alternative for you.Blaze Pizza stock appears to be a fantastic option to add to your portfolio based on the data that is currently available, but only time will tell if this is the case.

Obtain Blaze Pizza Stock Through Franchise Ownership

If you decide to open a Blaze Pizza franchise, you will instantly become a shareholder in this rapidly expanding company.The firm will award you a specific number of stock shares in exchange for your investment when the company goes public in an initial public offering (IPO).After that, you may do whatever you want with the stocks, including keeping onto them or selling them to other investors, if you so want.Having said that, not everyone will be interested in starting a Blaze Pizza business.As a result, you’ll need to take on a business management position, as you’ll be responsible for overseeing the finances of your franchise shop and, in certain cases, managing the site yourself.Initial franchise fees are typically in the range of $30,000 to $40,000 per restaurant, and the cost of fixtures and furniture will easily exceed $100,000.

A portion of the money you earn must also be transferred to Blaze Pizza as a result of the franchising business model employed by the company.The current royalty rate for all gross sales ranges between 5 and 6 percent, with an additional 2 percent creative fee for gross sales added on top of that.Even yet, investors who believe in Blaze Pizza have an opportunity to make a financial investment right now…although one that comes with some conditions.

Blaze Pizza Competitors to Buy

While you won’t be able to purchase Blaze Pizza stock for the foreseeable future, there are numerous options you may consider if you want to get your feet wet in the pizza industry or simply want a safe place to park your cash.After all, pizza is a food that everyone enjoys, and it is doubtful that the pizza business would see a slump very soon.We’ve compiled a list of Blaze Pizza rivals to help you get started in your search.

See also:  How Many Carbs In A Piece Of Pizza?

Domino’s Pizza (NYSE: DPZ)

If you’re looking for alternative shares, go no further than Domino’s Pizza, possibly Blaze Pizza’s greatest competitor and the undisputed leader of the fast-food pizza business.Many pizza aficionados choose this firm because of its simple-to-use website, which allows people to place orders quickly and easily using an internet browser.Its stock is not inexpensive, and its yearly dividend yield of little more than 1 percent is not among the highest among large-cap companies in the world.Nonetheless, given that Domino’s sales have been practically constant across all of its US restaurants for many years, this might be an excellent long-term growth investment.As a result, you may make an investment in this pizza firm and just ride the slow gain in the stock market as a result of your investment.Basically, if you have some extra cash and don’t mind paying an excessively high price for a stock option, this can be a better alternative for you.

Papa John’s (NASDAQ: PZZA)

In addition to Papa John’s, Blaze Pizza faces stiff competition from Domino’s Pizza, which is most recognized for delivering pizza to customers’ tables faster than nearly any other firm in the market.As an added bonus, when compared to Domino’s Pizza, these equities provide a higher future annual dividend yield of over 1.5 percent.For Papa John’s, the year 2020 was a successful one: the company’s CEO Rob Lynch stated that sales at the company’s shops climbed by 27 percent between March and April of the current year.It is possible that this rise was caused by more individuals remaining at home owing to the pandemic; yet, it is still a strong signal of long-term stability and positive investment returns in the future.

Yum! Brands (NYSE: YUM)

Despite the fact that Yum!also owns the fast-food businesses Taco Bell and KFC, the corporation is best known as the parent company of Pizza Hut.Therefore, if you are looking to invest in fast food in general rather than just pizza, this may be a better choice.Considering that forward annual dividend yields are consistently above 2 percent, this stock may be a better alternative for investors seeking quarterly earnings rather than long-term growth.

Should You Wait for a Blaze Pizza IPO?

It is entirely up to you whether or not to hang on to your investment funds until the Blaze Pizza initial public offering (IPO). Because there is presently no defined timetable for the IPO, it may be more beneficial to put at least some of your money to work while you wait to maximize the return on your investment.

Can You Buy Blaze Pizza Stock: Final Thoughts

Blaze Pizza’s adventure is only getting started, but the company already has over 300 franchise locations in the United States and more than a dozen locations in other countries.Furthermore, an initial public offering (IPO) is scheduled this year.It may be a good idea to examine the stock price once Blaze Pizza goes public and consider adding a few shares to your investing portfolio once the company has gone public.

 Blaze Pizza Stock FAQs

Trying to figure out what the TLDR is on Blaze Pizza Stock? The following are the most frequently asked questions we receive from investors and traders.

Does Blaze Pizza Have a Stock?

Blaze Pizza does not have a publicly traded stock ticker at this time. It is likely to unveil preparations for an initial public offering (IPO) later this year.

Is Blaze Pizza Going Public?

The firm’s proprietors have openly announced that they intend to take the company public in the future. The firm intends to wait until it has at least 500 locations before expanding. The timing of the initial public offering (IPO) is likely to be announced in the third quarter of 2022.

What Company Owns Blaze Pizza?

Blaze Pizza is a privately held company with numerous owners. Some of the firm’s owners are the company’s original founders, while others are well-known individuals who have made investments in the company. One well-known majority stakeholder in the firm is basketball icon LeBron James, who is also a minority shareholder.

Which Pizza Companies Are Publicly Traded?

Several well-known pizza companies are listed on the stock market. In addition to having their own stock tickers, Domino’s and Papa John’s are both subsidiaries of Yum Brands. The copywriter Jenna Gleespen has a specialty in finance and investment finance, with a particular emphasis on corporate finance. She is originally from the United States, but she now resides in London, England.

LeBron James Invested in a No-Name Pizza Joint and Now He’s $35 Million Richer

  • It comes as no surprise to those who follow LeBron James’ professional trajectory that he has a wide range of interests outside of basketball.
  • The fact that James has proven to be just as successful a businessman as he has been a basketball player has been demonstrated in a variety of endeavors, including producing music for superstar rappers, producing and acting in Hollywood productions, and launching his own brand of workout supplements.
  • One single investment, on the other hand, may prove to be more beneficial than all of the others together.

What is Blaze Pizza?

  • In 2012, James made a $1 million investment in Blaze, a rapidly expanding pizza franchise.
  • At the time, Blaze was rapidly expanding into a nationwide franchise, and James launched a pair of locations in Miami and Chicago to capitalize on the opportunity.
  • Blaze Pizza isn’t your normal pizza restaurant in the traditional sense.
  1. In contrast to the majority of pizzerias, Blaze creates individual pizzas in a brick oven that can be entirely personalized by clients and are intended for delivery, takeout, or as part of a class dinner for a birthday celebration.
  2. Much as Chipotle does with burritos or Subway does with sandwiches, customers at Blaze travel down a line and tell staff exactly what sorts of toppings they want on their burritos or sandwiches before placing their orders.
  3. It is possible to get creative with your pizza toppings, ranging from the traditional (pepperoni, sausage, olives and mushrooms) to the unusual (corn).
  4. What consumers can do is virtually limitless, and for the proper price, they may customize their pizza with as many or as few toppings as they choose.
  5. If his social media account is to be believed, James orders a pizza with as many as 16 different toppings.
  6. The excellent pizzas are complemented by a range of fruit-flavored beverages that guests may enjoy as they dine.
  1. If they still have room for dessert, they can indulge in an old-fashioned campfire treat known as a s’more.
  2. On one of the most popular cuisines in the country, Blaze presents a casual dining rendition that is sure to please.
  3. When James made his investment, he recognized this.

How much has LeBron James made? 

  • During the period 2012-2017, LeBron James’ $1 million investment increased in value to a $35 million investment.
  • Because of the amount of money that is being invested in the firm, it must be a profitable venture.
  • Incorporating athletes’ financial interests into the restaurant industry is not a novel notion, but James’ success with Blaze stands out among even the most famous athletes who have taken on such a venture.
  1. Blaze has surpassed McDonald’s as the fastest-growing food chain in the history of the United States.
  2. Many Blaze events have been attended by James throughout the years, including one in which he dressed as an employee for the purpose of filming a viral video and spoke about the firm on more than one occasion.
  3. In fact, James’ own venue, The Staples Center, has a Blaze in the building, but it was there long before James even donned a Los Angeles Lakers uniform there.
  4. James currently has a total of 19 Blaze Pizza franchises, with more on the way.
  5. This investment, together with a number of other wise financial moves, has resulted in his becoming a very rich individual.
  6. One issue, though, may cause some individuals to ponder is what this means.
  1. Is James a billionaire or a millionaire?

Is LeBron James a billionaire? 

  • Only a few of sportsmen can lay claim to belonging to the elite billionaire’s club.
  • Tiger Woods and Michael Jordan were among those who did it.
  • Roger Federer is getting closer and closer to joining the club with each passing minute.
  1. James, on the other hand, is not a member.
  2. At least for the time being.
  3. James is now estimated to be worth $450 million, according to the most current Forbes assessment.
  4. This may seem like a long way off from being a billionaire, but Jordan only recently become a member of the billionaire’s club.
  5. Many of James’ investments, including films, businesses, and other ventures are still in the early phases of development.
  6. Even without his lifelong Nike contract, he is reputedly worth $1 billion on his own, but the exact figures are still being worked out.
  1. James has established himself as one of the most astute businessmen in the history of professional sports.
  2. His increasing investment in Blaze is only a modest indication of this, which is part of a larger picture….

LeBron’s stake in Blaze Pizza chain now worth at least $35 million

  • — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – With the help of his business associates, LeBron James was able to transform yet another tiny investment into a fortune.
  • A source has told ESPN that a 2012 investment by James, his business partner Maverick Carter, and financial adviser Paul Wachter of Main Street Advisors in upstart fast-casual company Blaze Pizza, which they made for less than $1 million, has grown to more than $25 million.
  • Blaze Pizza verified the valuation when it sold an undisclosed part of the company to private equity firm Brentwood Associates a few weeks ago, at which time the company was valued at about $250 million, according to sources.
  1. James has a 10% stake in the company.
  2. The value of James’ interest in the company, including endorsement payments that will be paid out in the near future based on an unannounced sales objective, is estimated to be between $35 million and $40 million, according to insiders.
  3. The collaboration with restaurateur Larry Levy, who manages franchisees in Miami and Chicago on his behalf, is not included in this figure.
  4. Although James, along with the vast majority of individuals who had invested in Blaze Pizza, took some money off the table, it is not known how much he collected from the transaction.
  5. It was via movie producer John Davis, who had made investments in food firms such as Wetzel’s Pretzels, that Wachter was given an inside look into the company.
  6. Ric and Elise Wetzel came up with the concept for Blaze make-your-own-pizza in 2011, and it has since become a successful business.
  1. As Wachter explained, ″we don’t normally advise our customers to invest in food firms.″ According to the author, ″the risk-reward equation is not always favorable, and there is a lot of grinding and tackling to be done before a notion can be taken worldwide.″ He expressed his admiration for the management team, as well as his enthusiasm for the product.
  2. Wachter also expressed his enthusiasm for the product.
  3. James and Carter were in the same boat.
  4. When Beats by Dre was sold to Apple for $3 billion, the two received around $30 million from their investment in the headphones firm.

The two were eager to invest in the next big thing when they met.″LeBron and I have always been about selecting companies in which we have genuine faith and investing significant resources in them,″ Carter added.″We’re not talking about making a $15,000 or $20,000 investment.In addition to LeBron’s brand and likeness being associated with the product, we are adding our experience, insight, and knowledge to the table.″ Because of a licensing agreement with McDonald’s, James was not permitted to advocate Blaze Pizza after the first investment in 2012, but the knowledge that he was engaged was widely publicized, according to Rick Wetzel.

  • In Wetzel’s words, ″He put his money where his mouth was and positioned us as the market leader early on.″ ″He put a star on our forehead to indicate that we were a respectable corporation.″ In 2015, with three years and $14 million remaining on LeBron’s McDonald’s contract, James and Carter were faced with a difficult decision.
  • Carter’s online series, ″Kneading Dough,″ featured an appearance by James on the show.
  • ″It was a fantastic collaboration with McDonald’s, and we did some incredible stuff on television,″ James added.
  • What we might potentially make if we put in the time and effort was greater than what McDonald’s had promised me.
  • As a result, James took the decision to leave McDonald’s and become a Blaze Pizza spokesperson.
  • A person’s worth was instantly apparent when they looked at James’s social media following, which presently stands at 37 million Twitter followers and 32 million Instagram followers.

According to Elise Wetzel, ″Every time LeBron tweets about Blaze, it sounds like a sonic explosion.″ In the United States and throughout the world, it jump-starts conversations with tens of millions of people, resulting in actual connection between individuals who know and love the brand and others who haven’t heard of us.A video of James behind a Blaze Pizza counter, disguised as ″Ron,″ was shot in April and has received millions of views on YouTube as well as extensive media coverage worldwide.For James and Carter, the actual payoff of their investment may still be some time away from becoming a reality.According to industry tracking firm Technomic, Blaze Pizza just surpassed McDonald’s as the fastest-growing restaurant brand in North American history, having opened 200 locations in four years.By 2022, the firm hopes to have 1,000 outlets and $1 billion in revenues, as well as an initial public offering (IPO), which will be the company’s big cash-out moment.

Blaze Pizza Franchise Opportunities

  • Blaze Pizza is a fast-casual pizza restaurant company based in the United States that owns and manages a chain of locations.
  • In addition to its renowned pizzas and salads, it also serves beverages and sweets.
  • T-shirts and gift cards are available for purchase on the company’s website.
  1. Company headquarters are in Pasadena, California, where it was established in 2011.
  2. Besides these states, it also has locations in the following countries: Canada; Arizona; Wisconsin; Tennessee; Atlanta; Alabama; Florida; Oklahoma; and Colorado; as well as Saudi Arabia; Bahrain; and Kuwait.
  3. The Blaze Pizza franchise system now consists of 265 locations in the United States and 12 locations outside the country, according to company statistics from 2018.
See also:  Who Owns Papa John'S Pizza?

How to open a Blaze Pizza franchise?

  1. Make certain that you have sufficient capitalisation. Having a net worth of more than $450,000 is required in order to start a Blaze Pizza franchise.
  2. Understand the financial commitment necessary to start a restaurant franchise. You will need to factor in expenditures such as construction and real estate prices, the purchase of equipment and signage, the cost of licenses and permits, the purchase of uniforms, the cost of insurance, and so on.
  3. Examine your previous work experience and personal skills. Before submitting an application to become a Blaze Pizza franchise owner, you should carefully consider your previous business experience.
  4. Examine the availability of products on the market. Before submitting a franchise application, you should research the market availability of Blaze Pizza franchises in your area of interest to see whether there are any open markets in your area of interest.
  5. Submit your application as soon as possible. The Blaze Pizza franchise team will analyze your application and contact you if it is approved. Upon acceptance of your online application, you will receive an email confirmation receipt, in which we will also include the contact information for the franchise owner.
  6. Obtaining clearance and launching your Blaze Pizza business is the next step. Your franchise application will be approved once your financial and background checks have been completed. A candidate’s approval will only be granted if he or she meets all of the standards of franchise owners.

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How much does Blaze Pizza franchise cost?

There is a franchise fee of up to $30,000 and a total initial investment range of $454,400 – $1,135,000 for Blaze Pizza. Initial contributions range from $454,400 and $1,131,000. The company need $500,000 in liquid cash. Blaze Pizza is a one-man operation.

Name of Fee Low High
Initial Franchise Fee $30,000 $30,000
Architect Engineer $15,000 $27,000
Permits $1,100 $13,000
Equipment $144,000 $169,000
Furniture and Fixtures $14,000 $83,000
Smallwares $10,000 $25,000
Signage and Graphics $11,000 $42,000
Grand Opening Kit, Menu Boards $5,400 $6,000
Computer Equipment & Information / POS Systems $18,500 $21,000
Uniforms $1,000 $4,000
Initial Inventory and Supplies $10,000 $21,000
Pre-Opening Advertising $3,000 $22,000
Grand Opening Free Pizzas $3,000 $5,000
Insurance Deposits $500 $5,000
First Month’s Rent / Security Deposit $3,000 $24,000
Initial Training $5,000 $5,000
Liquor Licensing $0 $6,000
Miscellaneous Opening Costs $1,000 $30,000
Professional Fees $1,000 $5,000
Additional Funds – 3 Months $20,000 $45,000
Total Estimated Initial Investment $454,400 $1,131,000
  • Important Notes: We have made our best estimate of the expenditures you may pay in establishing and managing your Blaze Pizza franchise.
  • We do not provide direct or indirect finance for any of the products on this list.
  • The historical costs to open Blaze Pizza franchises during 2017, which, excluding food court locations, averaged approximately $767,000 per restaurant in 2017, are taken into consideration, as well as our own experience, the experience of our officers, and our current requirements for Blaze Pizza franchises.
  1. While still falling within the estimated range set forth above, the estimated initial investment for a Non-Traditional Restaurant may be lower than the estimated initial investment for a traditional Blaze Pizza Restaurant, and these figures represent the approximate cost of purchasing, installing, and equipping the Restaurant.
  2. In part because they are often housed in a host building, Non-Standard Restaurants may require fewer leasehold renovations and equipment expenditures than traditional Blaze Pizza Restaurants in comparison to their traditional counterparts.
  3. Opening inventory expenses may be reduced as well, but the initial investment in a Non-Traditional Restaurant is dependent on the kind, location, and design of the Restaurant as well as the host facility’s infrastructure and infrastructure.
  4. According to numerous variables, the elements underpinning our estimates may differ, and the actual investment you make in establishing and opening your Franchise may be larger or less than the estimates provided, depending on the location of your Franchise and current relevant market circumstances.
  5. Additionally, how well you adhere to our methods and procedures, your management skills, your business experience and capabilities, local economic conditions, the local market for our products and sens-ices, the prevailing wage rates, the level of competition, and the level of sales achieved during your initial phase of business operations will all influence your costs and expenses.
  6. All costs due to third parties are o-refimdable, with the exception of utility deposits and other payments, which you may be able to negotiate.
  1. Fees that are charged on an ongoing basis Fee for the first year of operation: $30,000 Royalty Fees on an ongoing basis: 5-6 percent Advertisement Royalty Fee: 2 percent

Are you interested in starting Blaze Pizza Franchise in the USA, Canada, Kuwait, the UAE, Saudi Arabia or another country?

  • For certain nations, we give estimates of franchise expenses, such as: To open a Blaze Pizza Restaurant in the United States, the total investment is between $454,400 and $1,131,000.
  • It is estimated that the investment would cost between Can$581,700 and Can$1,447,900 in Canadian dollars.
  • It is estimated that the investment would cost between KWD 138,478 and KWD 344,670 in Kuwaiti dinars.
  1. – The investment is between AED 1,668,800 and AED 4,153,820 in the currency of the United Arab Emirates.
  2. – The investment ranges from around SR 1,71 million to approximately SR 4,24 million in Saudi Arabian dollars.
  3. On-the-Spot Support Options Job training is 60 hours, and classroom training is 20 hours.
  4. Blaze Pizza franchise information is available at no cost.
  5. a rough estimate of your estimated first investment in an area development franchise
Name of Fee Low High
Initial Franchise Fee $30,000 $30,000
Development Fee $5,000 $45,000
Architect Engineer $5,000 $45,000
Permits $2,100 $23,000
Equipment $144,000 $169,000
Furniture and Fixtures $14,000 $83,000
Smallwares $10,000 $25,000
Signage and Graphics $10,000 $25,000
Grand Opening Kit, Menu Boards $5,400 $6,000
Computer Equipment & Information / POS Systems $18,500 $21,000
Uniforms $1,000 $4,000
Initial Inventory and Supplies $10,000 $21,000
Pre-Opening Advertising $3,000 $22,000
Grand Opening Free Pizzas $3,000 $5,000
Insurance Deposits $500 $5,000
First Month’s Rent Security Deposit $3,000 $24,000
Initial Training $5,000 $5,000
Liquor Licensing $0 $6,000
Miscellaneous Opening Costs $1,000 $30,000
Professional Fees $1,000 $5,000
Additional Funds – 3 Months $20,000 $45,000
Total Estimated Initial Investment $460,500 $1,186,000
  • Important Notes: We have made our best estimate of the expenditures you may pay in establishing and managing your Blaze Pizza franchise.
  • We do not provide direct or indirect finance for any of the products on this list.
  • The historical costs to open Blaze Pizza franchises during 2017, which, excluding food court locations, averaged approximately $767,000 per restaurant in 2017, are taken into consideration.
  1. In addition to our experience, the experience of our officers, and our current requirements for Blaze Pizza franchises, these estimates are based on the historical costs to open Blaze Pizza franchises during 2017.
  2. According to numerous variables, the elements underpinning our estimates may differ, and the actual investment you make in establishing and opening your Franchise may be larger or less than the estimates provided, depending on the location of your Franchise and current relevant market circumstances.
  3. Additionally, how well you adhere to our methods and procedures, your management skills, your business experience and capabilities, the local economic conditions, the local market for our products and services, the prevailing wage rates, the level of competition, and the level of sales achieved during your initial phase of business operations will all influence your costs.
  4. All expenditures paid to third parties are non-refundable, with the exception of utility deposits and other payments, which you may be able to negotiate.

Does LeBron James own blaze pizza?

Between 2012 and 2017, LeBron James’ one-million-dollar investment expanded to a $35-million-dollar commitment. In fact, James’ own venue, The Staples Center, has a Blaze in the building, but it was there long before James even donned a Los Angeles Lakers uniform there. James currently has a total of 19 Blaze Pizza franchises, with more on the way.

How much does LeBron James own of Blaze Pizza?

According to an ESPN article from 2017, the investment was for around $1 million, and James possessed approximately a 10% share in the company. He also worked as a franchisee in Blaze’s Chicago and Miami regions, where he collaborated with Levy Restaurants founder Larry Levy. However, in October 2015, James’s job in Blaze took on a new level of significance.

How many Blaze pizzas are there?

As of May 20, 2021, there are 310 Blaze Pizza outlets around the United States.

How much does Blaze Pizza pay an hour?

Blaze Pizza Salaries

Job Title Salary
Team Member salaries – 127 salaries reported $11/ hr
Team Member salaries – 62 salaries reported $12/ hr
Shift Leader salaries – 30 salaries reported $13/ hr
Pizza Maker salaries – 26 salaries reported $10/ hr

How much is a pizza from blaze?

Blaze Pizza’s 2021 Menu and Pricing

Food Price
Build Your Own Pizza $8.45
1 Top Pizza $6.75
Simple Pie Pizza $5.55
Meat Eater Pizza $8.45

What is special about Blaze Pizza?

Blaze allows you to personalize your pizza by selecting from a variety of toppings, including cheese, meats, veggies, and sauces. Using thin crust pizzas baked in a custom-built, extremely hot oven (900 degrees and 60,000 BTUs), the researchers were able to bring their creation to life in just 3 minutes.

Is LeBron James a billionaire 2018?

This year, LeBron James is getting closer to his goal of becoming a multibillionaire. The final truth is that, according to Forbes, LeBron James’ net worth was around $445 million as of July 2018. In 2016, he was named one of Forbes magazine’s richest entrepreneurs under the age of 40, and he is currently the world’s sixth-highest-paid professional athlete.

Is LeBron James A Millionaire?

According to basketball reference, James has earned more than $310 million dollars over his professional basketball career to this point. During his debut season with the Cleveland Cavaliers, he made more than $4 million, and he has earned more than $30 million in every season since.

Why did Blaze Pizza close?

Two Blaze Pizza restaurants in Fort Lauderdale, Florida, that were supported by James were forced to close in 2018 because live flies and dead roaches (which is worse?) were discovered in the food preparation area.

Who is the CEO of Blaze Pizza?

Earlier this year, Blaze Pizza elevated its chief financial officer to the position of president and CEO. Former Bloomin’ Brands employee Mandy Shaw, who has been with the firm since 2018 and has been serving as temporary CEO since August, previously worked for the company for a dozen years.

What is in blaze pizza crust?

Cooked cauliflower rice, low-moisture mozzarella cheese, casein protein, flaxseed meal and eggs are used to make the keto crust at Blaze. Other ingredients include yeast, spices and cultured brown rice. You may already have most of these components in your home, which is usually something to check for when getting takeout. Alternatively, you may buy online.

Why is Blaze Pizza so good?

It is possible for Blaze’s pizzas to cook in such a short amount of time because they are baked at a high temperature in the oven and the crust is extremely thin. Even with such a thin crust and a short baking time, their pizzas are really delicious! It is possible for the crust to become a bit scorched, but the cheese is properly melted and the pizza is always served hot.

Can you eat inside Blaze Pizza?

To ensure the health and safety of our customers and team members, we will be implementing significant adjustments to our restaurant operations that may have an impact on your dining experience in the near future. Depending on the location, some of our restaurants may only have pickup, delivery, or carryout choices, with no dine-in seats available.

What makes blaze pizza different?

Blaze Pizza, like Chipotle and Subway, places a strong emphasis on personalization. The company’s president and chief operating officer, Jim Mizes, told Business Insider that customers may customize their pizzas by picking from seven cheeses, eight meats, 20 veggies, and three sauces. Following that, the pizzas are baked in a stone hearth oven.

Description

  • If you are considering acquiring a franchise or business opportunity, one of the greatest methods to properly investigate the investment is to solicit input from current and past franchisees who are now active in the franchise system.
  • By contacting current Blaze Pizza franchise owners and asking about their experience with the franchised business, earnings and/or success thus far, training and support from the franchisor, Blaze Pizza, and whether or not they would buy the franchise again if they had the opportunity, you can gain a better understanding of what it’s really like to own a Blaze Pizza business before you make the decision to purchase one.
  • Getting in touch with at least a few former Blaze Pizza franchisees to find out why they left the franchise system or were dismissed from the franchise system is also a smart option.
See also:  What Is The Minimum Hot Holding Temperature Requirement For Pizza?

Get Contact Details & Mailing List of Blaze Pizza Franchisees

  • The most challenging aspect of this stage of the franchise due diligence process is acquiring an up-to-date list of Blaze Pizza franchise owners, which is not always easy.
  • We did this in order to compile a comprehensive mailing/telemarketing list that includes the names, phone numbers, and physical addresses of company owners who are now involved in the franchise system, as well as some past franchise operators.
  • Getting honest feedback from franchisees who have previously invested in the franchise possibilities you’re considering is the quickest and most convenient method to learn more about them.
  1. Get quick access to the entire list of Blaze Pizza franchise owners by placing your order today.

LeBron James’ Less Than $1M Investment in Blaze Pizza Reportedly Reaches $25M

  • Photograph courtesy of Jack Arent/Getty Images The Cleveland Cavaliers’ LeBron James has established himself as not just one of the best players to ever grace a basketball court, but also as a successful businessman outside of the game.
  • According to ESPN.com’s Darren Rovell, James stands to make at least $25 million from his roughly 10% interest in nationwide pizza business Blaze Pizza, according to a story published Monday.
  • In 2012, James worked with others to make a small investment in the firm, less than $1 million.
  1. According to Rovell, Blaze Pizza recently sold a portion of the company to a private equity group, valuing the company at $250 million at the time of the transaction.
  2. As part of his agreement with Blaze Pizza, James will earn endorsement payments of up to $35 million or $40 million, which may increase his financial interest to $35 million or $40 million.
  3. Blaze Pizza was recently voted the fastest-growing restaurant chain in the United States, according to a report published in April 2016.
  4. During a recent interview, James’ business partner, Maverick Carter, stated that he and the four-time NBA MVP are continually searching for methods to increase the size of James’ financial holdings.
  5. In an interview with Rovell, Carter stated, ″LeBron and I have always been about identifying companies that we actually believe in and investing real money into them.″ ″We’re not talking about making a $15,000 or $20,000 investment.
  6. It’s real money in addition to the skills, insight, and information that we bring to the table, as well as the opportunity to associate LeBron’s name and likeness with the product.″ James was reportedly paid $30 million from the sale of Beats Electronics to Apple, which was worth $3 billion.

Lebron James-invested Blaze Pizza chain coming to Panama City Beach area

  • PANAMA CITY BEACH, FLORIDA — Blaze Pizza, one of the nation’s fastest-growing pizza companies, wants to build a location in Panama City Beach in the near future.
  • Announcing their expansion into Florida, Texas and Tennessee earlier this week, Blaze Pizza, which was formed in 2011, revealed that they had signed development agreements for a total of 16 new stores.
  • Current plans anticipate having a location available by the winter, with Pier Park being considered as a possible choice for the project.
  1. Within the following several years, the planned PCB site is projected to serve as the starting point for an expansion plan that will include the Panhandle and surrounding states like as Alabama and Mississippi.
  2. Blaze Pizza, which has its headquarters in Los Angeles, has more than 340 locations in 41 states and six countries worldwide.
  3. A $1 million investment by NBA superstar Lebron James in the firm, which later swelled to a $35 million investment, brought the franchise to national recognition in 2012.
  4. Blaze Pizza is noted for its savory handmade pizzas and a customized made-to-order menu prepared with fresh, natural ingredients that are devoid of artificial colors, flavors, preservatives, and sweeteners.
  5. Blaze Pizza is located in the heart of downtown Los Angeles.
  6. To produce its pizza, Blaze Pizza employs an assembly-line method similar to those of Chipotle and Subway.
  1. A franchise owner in Pigeon Forge, Tennessee, Kunal Patel is leading the development of the Florida project, which will incorporate the city of Panama City.
  2. Patel and his family own and operate a variety of hotel properties throughout the United States, including properties affiliated with globally ranked brands such as Marriott, Best Western Hotels & Resorts, and Wyndham, among others.
  3. They bring a wealth of knowledge and experience in hospitality and guest services to the fast-casual franchise.
  4. According to Patel, his family just relocated to the Panama City region, where he believes there is significant potential for expansion in the industry.

He claims that the Panama City market is a popular tourist destination in Florida.Patel further stated that Blaze Pizza is different from other pizza establishments.’What distinguishes Blaze from other fast-casual pizza ideas is that Blaze has been completely developed with the customer in mind,’ Patel explained.″The high-quality food and great service provided by the brand will rapidly win the hearts of the Panama City community,″ says the company.

  • Blaze Pizza’s vice president of franchise development, Ed Yancey, stated that the firm is attempting to capitalize on a successful 2020 and carry that momentum into 2021.
  • ″Blaze Pizza began off this year with fantastic momentum, which our development team has utilized to push our franchise expansion efforts, as shown by our recent multi-unit agreement signings,″ Yancey added.
  • “Texas and the Southeast have proved to be perfect markets for our brand and we look forward to tapping into the amount of potential in these regions while geometrically growing our presence over the coming several years.”

Lebron James Now Owns Part Of the Red Sox. What Does That Mean For Sports?

  • With his purchase of a minority investment in the Boston Red Sox, LeBron James became part of a larger trend of professional sportsmen breaking into the exclusive club of sporting team ownership.
  • Earlier this month, the Los Angeles Lakers player and his longtime buddy Maverick Carter joined the Fenway Sports Group, the giant known as FSG that owns the Red Sox, Liverpool Football Club, Fenway Park, and a controlling ownership in the New England Sports Network (NESN).
  • James had previously acquired a shareholding in the Liverpool Football Club.
  1. When speaking to media after a recent Lakers game, James expressed his excitement about the agreement.
  2. ″First and foremost, it’s a pleasure to be a part of such an outstanding organization as FSG,″ he told reporters.
  3. In the past several years, they’ve accomplished a great deal, and just the aggregate group of individuals is a pleasure to work with.
  4. The addition of James gives a significant boost to the brand of FSG at a time when the company is eager to expand.
  5. Additionally, players are becoming increasingly regular fixtures in front offices across all professional sports, prompting this investment.
  6. One of the reasons for this is that athletes have only recently begun to be compensated adequately to enable them to earn the kind of money necessary to purchase sports franchises, according to Victor Matheson, a professor of sports economics at the College of the Holy Cross who specializes in the field.
  1. Matheson cites the early example of the Pittsburgh Penguins’ Mario Lemieux, who took over as majority owner of the organization in 1999 and then returned to the ice the following year to play for the team in its first season.
  2. During the previous year, two active sportsmen were involved in the fun and games.
  3. Patrick Mahomes, the quarterback of the Kansas City Chiefs, purchased a stake in the Kansas City Royals, while basketball star Kevin Durant purchased a five percent investment in the Philadelphia Union soccer team.
  4. Former players such as Magic Johnson and LeBron’s former colleague Dwayne Wade have also gotten into the business of owning businesses.

In terms of labor management interactions, ″one concern is really what occurs in terms of how athletes are treated by management and how that impacts the negotiation positions of the athletes when you have athletes on the other side of the coin as well,″ Matheson explained.It’s possible that LeBron’s involvement as a partner with FSG may have little direct influence on what happens at the negotiating table, but his presence is having an impact in other ways: James and Carter are the first African-American partners in the history of FSG, making them part-owners of the final major league baseball team to be integrated, the New York Mets.″I think it’s pretty darn exciting for me and my partner Maverick to be the first two Black guys to be a member of that ownership group in the history of that franchise,″ James said of becoming the first two Black men to be a part of the ownership group.Black ownership in sports is extremely unusual across the board.

  • The only Black majority owner in the four major men’s American sports leagues is Michael Jordan, who owns the Charlotte Hornets of the National Basketball Association.
  • Despite the fact that having a Black owner at the highest levels of sport is a positive step forward, Joseph Cooper, a professor at the University of Massachusetts Boston who studies gender and race in sport, cautions that simply having a Black owner does not necessarily imply change.
  • This is true even if he happens to be one of the richest athletes on the planet who has amassed a fortune in a career that has lasted much longer than the average NBA career.
  • When it comes to African Americans in baseball, Cooper believes that if he stays on as owner of both Liverpool Football Club and the Boston Red Sox for another 30 years, ″the numbers of African Americans playing baseball do not increase, the number of African Americans in managerial positions don’t increase, and the number of African Americans as partial or majority owners do not increase, then essentially we’ll be in the same position as we are now.″ ‘There’s only one LeBron, and he’s more of an exception to the rule than the rule itself,’ says the coach.
  • However, based on LeBron’s statements, he has no intention of stopping at becoming a part-owner.
  • ″I’ve always stated that my ultimate ambition is to acquire a sports franchise,″ he remarked.

″I want to own an NBA club.″ That’s yours, end of story.On and off the court, LeBron James, a four-time NBA champion who will feature in the sequel to Space Jam this summer, is involved in a number of other commercial projects.Furthermore, he is one of just a few of players who have been dubbed ″the best NBA player of all time.″ It is possible that owning an NBA club will be the only resume builder he has left when his professional career is through.

MOD Founders Scott And Ally Svenson Named Franchise Entrepreneurs Of The Year

  • WASHINGTON, D.C.
  • (February 23, 2021) — Co-founders Scott and Ally Svenson of MOD Super-Fast Pizza Holdings, LLC (also known as ″MOD Pizza,″ ″MOD,″ or the ″Company″) were recognized today as recipients of the International Franchise Association’s (IFA) Entrepreneur of the Year Award for the year 2020.
  • It is given out once a year to brands who are prepared to accept the risks that are normally associated with any new venture, as well as those that have the remarkable managerial abilities and vision to build a successful commercial operation through franchising.
  1. MOD now maintains a network of nine multi-unit franchisees that, between them, own and manage 80 MOD sites throughout the United States and Canada.
  2. In its role as a people-first, culture-centric brand, MOD is dedicated to harnessing the power of its company to create a good effect on its employees and the communities in which they work and live.
  3. There are presently 495 MOD sites and almost 10,000 MOD Squad personnel spread across the whole system.
  4. ″The IFA is thrilled to offer this award to Scott and Ally Svenson,″ said the IFA president.
  5. MOD Pizza, by putting a strong emphasis on integrating social impact with great growth and agility, may serve as a model for franchise companies and entrepreneurs alike,″ stated Robert Cresanti, President and CEO of the International Franchise Association.
  6. While retaining high-quality products and services, their company has made significant efforts to protect consumer and staff safety throughout COVID.
  1. They also make an excellent cauliflower crust pizza, which is a bonus!
  2. ″The International Foodservice Association congratulates Scott, Ally, and the whole MOD Pizza team on this well-deserved achievement.″ Scott and Ally Svenson, co-founders of MOD Pizza, expressed their gratitude for receiving the prestigious award from the International Franchise Association (IFA).
  3. ″We are humbled to receive this prestigious award from the IFA and are proud to share it with our amazing franchise operators,″ Scott and Ally Svenson said.
  4. ″From the beginning of our MOD adventure, we committed to a development plan that included company-owned locations in conjunction with a select set of franchisees who would assist us in maintaining consistent execution while maintaining our purpose-centric culture.

Every one of our outstanding franchise operators, who share our strong dedication to the people side of the business and our view that our business can and should be a force for good in the communities we serve, has made our company what it is today.″ More information about MOD Pizza franchising options may be found at www.modpizza.com/franchising.MOD PIZZA’S BACKGROUND MOD Pizza is a purpose-driven, people-first business launched in Seattle in 2008 by serial entrepreneurs Scott and Ally Svenson.MOD Pizza is a purpose-led, people-first brand.MOD provides guests with the opportunity to build their own artisan-style pizzas and salads from a variety of over 30 toppings, all for a single cheap fee.

  • MOD is located in the heart of downtown Los Angeles.
  • MOD, which has more than 490 outlets system-wide*, is dedicat

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