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9 pizza franchises hoping to deliver millions

Pie Five Pizza menu items

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Pie Five Pizza

  • Number of franchises: 26 (40 planned by year-end, 200 in pipeline)
  • Locations: Florida, Kansas, Maryland, North Carolina, Tennessee, Texas, Utah, Virginia; more planned in 14 additional states and Washington, D.C.
  • Initial franchise investment cost: $343,500 to $479,500 (does not include real estate); franchise fee is $20,000 per location, plus development fee of $5,000 per store

Description: Pie Five is a sister chain to the considerably larger Pizza Inn. Like its larger parent company, Pie Five is centered in the Southeast. The 9" pies generally cost $6.49; gluten-free runs an extra $2. The chain also offers a variety of salads.

Wunderlich Securities analyst Robert Derrington said Pie Five is geared toward families, and franchise developers have found it to be a very efficient package that works very well in suburban locations.

Slicing up the pizza market: Like other fast-casual concepts, the focus is on the in-store experience and the same kind of chic, industrial design that characterizes chains like Chipotle.

Pie Five Pizza