How Much Does a Slice Franchise Cost?

Slice may be an option you’re considering if you’re thinking about buying a pizza business. Slice is a well-known pizza delivery service that has become more well-known recently. However, it’s crucial to comprehend the expenditures before investing your hard-earned cash in a Slice franchise.

The overall cost of a Slice franchise varies according to a variety of variables, including the location you select, the size of the franchise, and the quantity of goods and equipment you need to buy. However, the initial investment needed to launch a franchise ranges from $75,000 to $175,000, per the Slice website.

Running a Slice franchise involves continuous costs in addition to the original investment. These costs include a technology fee of $99 per month, a royalty fee of 6% of gross sales, and a marketing fee of 2% of total sales. Additional costs for training and assistance can also apply.

Former mob boss Michael Franzese has engaged in a number of business endeavors since quitting the organization. He has formerly been connected to Slice Pizza, however he does not currently own the business. Ilir Sela and Paul Sabbah are Slice’s current owners. Who Is the Owner of Slicelife?

Despite the fact that both Slice and Slicelife provide pizza delivery services, they are independent businesses. Ilir Sela, one of the co-founders of Slice, also founded Slicelife. Slicelife, on the other hand, is a distinct legal person and is not owned by Slice or any of its founders. How much is a slice of pie worth?

Slice is a privately held business, hence it does not make its financial data available to the public. However, Slice was valued at $1.6 billion during a recent investment round, according to a 2020 Forbes story. What Percentage Does a Slice Require?

Franchisees of Slice are required to pay a royalty charge of 6% of gross sales. This cost includes access to the Slice platform and related technology as well as continuing training and support. In addition, Slice levies monthly technology fees of $99 and marketing fees of 2% of revenue sales. These charges aid in defraying the price of maintaining the technical platform that supports the delivery service as well as marketing and promoting the Slice brand.