The customizable fast-casual food craze continues with a new development agreement from 1000 Degrees Neapolitan Pizza, which will open its Florida stores in March.
Similar to Blaze Pizza, a concept that recently entered the South Florida market, 1000 Degrees Neapolitan Pizza offers 10-inch and 14-inch pizzas that are made with guests’ choice of toppings and baked in minutes.
Franchisees Julianne Burtin and Nick Anagno of Inferno Group Holdings have agreed to open 12 units of the chain, nearly doubling 1000 Degrees Neapolitan Pizza’s current footprint. The brand has 10 locations open across New Jersey, Michigan and Connecticut and dozens more in development for Ohio, Texas, California, Arizona, North Dakota, Virginia, Florida and Malaysia.
By the end of 2016, 1000 Degrees Neapolitan Pizza expects to open 80 units and projects another 170 to open in 2017.
Inferno Group’s Florida stores are expected to start their ribbon cuttings by spring in counties such as Monroe, Palm Beach, Collier, Lee, Hendry, Martin, Glades, Charlotte, Sarasota, De Soto, Highlands, Okeechobee, Saint Lucie, Pinellas, Hillsborough, Manatee, Hardee, Indian River and Brevard.
“This multi-unit franchise deal is only one example of the increased demand we’re seeing for 1000 Degrees Neapolitan Pizza across the nation,” said CEO and founder Brian Petruzzi in a statement. “We’re thrilled to have Julianne and Nick on board to grow our brand and introduce our high-quality product throughout the South Florida region.”
Potential franchisees can expect an initial investment between $175,000 to $325,000 to open a location. Franchise fees include $29,500 for a single store or $25,000 each for multiple stores. Recurring fees including a 6 percent monthly royalty and a national ad fund contribution of 2 percent, according to the brand’s website.
1000 Degrees Neapolitan Pizza is among a large group of growing fast-casual concepts that are clamoring for space in South Florida’s densely populated neighborhoods. The brand was founded in 2014.