Oggi's logo

Oggi's Franchise

Audited Financials
Food and BeverageEst. 2000San Clemente, CA
www.oggis.com

Risk Score

Pending analysis

Investment Range

$479,100 - $1,991,000

Franchise Fee

$20,000

Total US Locations

16

Business Summary

Oggi's Pizza & Brewing Company grants the right to operate Oggi's Restaurants, which come in two main formats. The Oggi's Full-Service Restaurants offer dine-in, carry-out, and delivery of a variety of pizzas, pastas, burgers, salads, and Italian-style and American-bistro foods, alongside craft brewed beer and other alcoholic beverages. The Oggi's Pizza Express Restaurants are fast-casual style units with a more limited menu, focusing on dine-in and carry-out for pizza, salads, craft beer, and other beverages.

Corporate History

Oggi's Pizza & Brewing Company was incorporated in California on August 29, 2000. However, its predecessors, George Hadjis, Dora Hadjis, and John Hadjis, have owned and operated pizza and brewery restaurants since 1991. The company has been offering franchises for Oggi's Full-Service Restaurants for 32 years (as of 2024), dating back to 1992, and Oggi's Pizza Express Restaurants for 10 years (as of 2024), dating back to 2014. Oggi's Pizza & Brewing Company continues to operate under various trade names including Oggi's Sports Brewhouse Pizza and Oggi's Pizza Express.

Financial Overview

Investment Range

$479,100 - $1,991,000

Franchise Fee (Low)

$20,000

Franchise Fee (High)

$50,000

Royalty %

5%

Marketing %

2%

Equipment Costs (Low)

$385,000

Equipment Costs (High)

$1,420,000

Working Capital

$16,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Oggi's Pizza & Brewing Company's financial statements show an unqualified opinion from their independent auditors, indicating that their financial position is presented fairly in all material respects. As of December 31, 2023, the company reported strong cash reserves of over $1.3 million and growing retained earnings of more than $2.5 million. Total assets significantly exceed total liabilities, suggesting a stable financial position. The company also has substantial related party receivables, and engages in transactions with Left Coast Brewing Company, in which some of its officers have an ownership interest.

Financing Details

Oggi's Pizza & Brewing Company does not offer any direct or indirect financing to its franchisees. Franchisees are responsible for securing their own funding for the total investment, although the franchisor is noted as a preferred business for SBA lending purposes. The company is unable to estimate whether a franchisee will be able to obtain financing or the terms of such financing.

Performance Metrics

Total US Locations

16

Franchised Units

15

Corporate Units

1

Avg Square Footage

3,500

Franchising Since

1992

Agreement Terms

Initial Term

20 years

Renewal Term

10 years

Renewal Conditions

To renew the franchise agreement, Oggi's Pizza & Brewing Company franchisees must provide written notice of their decision at least 9 months before the current term expires. They must sign the then-current form of the Franchise Agreement, which may have different terms and fees, and comply with all remodeling requirements to match the current standards of comparably located Oggi's Restaurants. Franchisees must not be in default of any agreements, have satisfied all financial obligations on time, and, if leasing, provide proof of their ability to remain in the premises for the renewal term. They must also comply with current training requirements and execute a general release of claims.

Training & Support Program

Franchisor Assistance

Oggi's Pizza & Brewing Company provides pre-opening assistance to franchisees including help with desired market area visits and final location selection, review and approval of the proposed lease, and provision of a spec book for store layout and design. The franchisor also loans a Confidential Operating Manual and trains franchisees and their designated managers prior to opening. A representative assists with store opening during the first week of operations. Ongoing assistance includes advice on promotional, operational, and business matters, arranging proprietary product availability, and providing lists of suggested suppliers. The franchisor conducts inspections, tests and approves new menu items, approves franchisee advertising, administers a Promotional Fund for regional advertising, and has an Operations team visit stores for health, safety, and business reviews. Franchisees are also required to use specific POS systems and subscribe to a business intelligence site.

Initial Training Hours

228

Training Location

Franchisor headquarters in San Clemente, CA, or at the franchisee's new location for in-store training.

Ongoing Support

Oggi's Pizza & Brewing Company provides ongoing advice on promotional, operational, and other business matters, including field representatives available on a fee basis for extensive additional assistance. The franchisor arranges for the purchase of proprietary products and offers lists of suggested suppliers. They conduct inspections to ensure operational quality, and regularly test and approve new menu items, making periodic changes to the menu. The franchisor also inspects and approves proposed franchisee advertising materials. Oggi's Pizza & Brewing Company administers a Promotional Fund for regional advertising, which includes social media management, and the Operations team visits stores for health and safety checks and business reviews. Franchisees must also utilize a required Point-Of-Sale (POS) system and subscribe to a proprietary business intelligence site. Occasional additional training programs or refresher courses are offered, typically lasting a half-day to a full day, usually without a fee.

Franchise Requirements

Ideal Candidate Profile

Oggi's Pizza & Brewing Company seeks franchisees who are required to be involved in the operation of the franchised business, with strong encouragement for direct participation. Ideal candidates should possess strong local knowledge of their geographic territory. They must have at least five years of business management experience within the last ten years and successfully complete the franchisor's training program. Each individual owner must undergo a background and credit check and personally guarantee the franchise agreement.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Min Years Experience

5

Operational Details

Location Type

Retail

Owner Participation

Hands-On

Territory Type

Limited

Territory Size Requirements

Oggi's Pizza & Brewing Company typically grants an exclusive territory defined by a 2-mile radius from the franchisee's authorized location. However, the size of the territory can vary, potentially being smaller or larger, depending on factors such as the specific location, local traffic patterns, and the demographics of the surrounding area. Certain 'Special Sites' like military bases, transportation facilities, sports facilities, college campuses, amusement parks, and special events are excluded from the territory.

Staffing Notes

Oggi's Pizza & Brewing Company requires the franchisee or a designated manager to be on-site and actively involved in the operation of the franchised business. All managers must satisfactorily complete the franchisor's training program. If the owner or trained manager is unavailable, a successor manager must be designated within 60 days and must complete the training program. Franchisees are expected to maintain sufficient supplies and employ adequate staff to operate at maximum capacity and efficiency. The company's Operations Manuals contain sections on staffing, staffing pars, labor law obligations, anti-harassment policies, scheduling, employee qualifications, job descriptions, hiring, performance reviews, and safety, indicating structured requirements for personnel management.