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Velly Pizza

Food & BeverageTerritory: Protected territory

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Key figures

Initial franchise fee$10,000
Total investment (Item 7)$300,500 – $779,500
Royalty (Item 6)5% of gross sales
Franchised units (Item 20)6 (Item 20, p.44)
Brand websitehttps://www.vellypizza.com

About Velly Pizza

TERRITORY (Item 12): territory is NOT exclusive - the FDD states you will not receive an exclusive territory. Description of the Franchise We offer franchises for the operation of Restaurants which specialize in the sale of Indian-style pizza and traditional style pizzas, pasta dishes, chicken

Territory — what the FDD says (Item 12)

Protected territory — classified from Item 12, p.33 of the brand's FDD

Under this brand's Item 12 rule, the territory carries some protection but not full exclusivity — for example, the franchisor may reserve certain channels or accounts. Future concepts may also be reserved. Areas inside an existing franchisee's protected territory are generally not available to a new buyer for a directly competing unit; the exact limits are in the FDD text quoted above.

The FDD's own words (Item 12): “territory is NOT exclusive - the FDD states you will not receive an exclusive territory. Description of the Franchise We offer franchises for the operation of Restaurants which specialize in the sale of Indian-style pizza and traditional style pizzas, pasta dishes, chicken”

Next steps with Velly Pizza

Put Velly Pizza on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.