Stevi B’s Pizza Buffet

 

Description

Stevi B’s, a national pizza buffet restaurant franchise, was founded in 1996 in Atlanta. Recently purchased by Argonne Capital, an Atlanta private equity firm focused on growing restaurant and retail companies that are market leaders with strong growth potential, Stevi B’s currently has 28 franchised and four company-owned locations in seven states throughout the United States.

With distinctive pizzas such as Loaded Baked Potato, Chicken Fajita, Cheeseburger Deluxe and Spinach Alfredo served fresh and at a great value in an atmosphere that is fun for adults and children, Stevi B’s is primed for growth throughout the United States.

Background

Year Established: 1996
Year First Franchised: 1998
Franchised Units: 10-50
Actual number of units: 29
Company Owned Units: 4
Projected New Units (12 months): 7

States referrals are accepted in:

  • California
  • Florida
  • Indiana
  • Kentucky
  • Michigan
  • Texas
  • Wisconsin

Avail. in Canada: Masters/Area Developer: No


Notes:

States/Countries Registered In:
Effective: California, Florida, Indiana, Kentucky, Michigan, Texas, Wisconsin.
Pending: Illinois, Maryland, Minnesota, New York, Virginia.
Not Registered: Hawaii, North Dakota, Rhode Island, South Dakota, Washington, Utah, Nebraska
Availability in Canada: Area Development

States, from which Broker Referrals are not being accepted: Broker referrals are not being accepted for Georgia, North Dakota, South Dakota, Washington, Rhode Island and Hawaii.

**We prefer to only have multi unit/area developer’s referrals. However we will accept single unit referrals for the following states: Georgia, Alabama, Mississippi, Florida, Tennessee, South Carolina, North Carolina, Kentucky, Michigan, Ohio and Minnesota.

 

Financial / Terms

Cash Investment: $150,000
Minimum Investment: $150,000
Minimum Net Worth: $0
Franchise Fee: $28,500

Royalty: 5%
Ad: 4.5%
Average # of Employees: 20-25
Passive Ownership Allowed: Yes
Earnings Claims: Yes


Notes:

Total Investment: $496, 000 to $670,000

Franchise Fee: $28,500 ($23,500 for units 2-5+ under development agreement)

Royalty: 5% of weekly sales

Ad: 4.5% weekly sales (currently 1.5% collected by franchisor, remaining 3% used by franchisee in local store marketing)

Passive Ownership Allowed: Possibly, as long as certain qualifications are met

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: Yes
Resales: No

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Canada, Mexico, Puerto Rico
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: Yes
Area Development or Master Avail.: Yes
Cash Investment: 150,000
Total Investment: 496,000


Notes:

Total Investment: $496, 000 to $670,000

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes


Notes:

Stevi B’s offers a comprehensive training program for all new franchisees that encompasses all aspects of restaurant operations, general bookkeeping, marketing and advertising with regards to the operation of a Stevi B’s restaurant. The initial 21 day training course (14 days of in-restaurant and classroom and a 7 day certification week) covers such topics as hands on position training, buffet and game room management, local store marketing and the Stevi B’s school fund raising program. This training takes place in one of the company owned Stevi B’s restaurants in the Atlanta metro area.

In support of each new store opening, Stevi B’s provides additional training and support for new and existing franchisees through the training of their team members for each store opened. Each opening is staffed with members of Stevi B’s corporate Field Operations, Local Store Marketing and Training departments. These trainers act as position coaches for the new team members and offer assistance with the fast pace of a new store opening. Stevi B’s corporate operations and training maintains a presence for at least 15 days during a new store opening. This level of commitment consists of over 360 man hours of hands on corporate support and training to help ensure the success of each new Stevi B’s restaurant.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474