Freshslice Pizza Franchise FDD, Profits & Costs (2025)
Freshslice Pizza is a Canadian quick-service pizza chain that was established in 1999 by Ray Russell in Vancouver, British Columbia. The brand’s headquarters are located at 1610 Ingleton Avenue in Burnaby, BC. Freshslice started franchising in 2003 and has grown steadily, now operating more than 100 locations across the country.
The franchise is known for its wide-ranging menu, which includes pizza by the slice, full-sized pizzas, and build-your-own options with unlimited toppings available for a single set price.
Customers can choose from familiar classics like Cheese, Pepperoni, and Veggie, as well as specialty creations such as BBQ Chicken Bacon, Butter Chicken, and Meat Lovers. To appeal to health-conscious diners, Freshslice also incorporates multigrain dough and fresh, high-quality ingredients.
Initial Investment
How much does it cost to start a Freshslice Pizza franchise? It costs on average between $237,000 – $533,000 to start a Freshslice Pizza franchised restaurant.
The investment covers expenses such as construction, equipment, inventory, and initial working capital. The total amount varies based on factors like the size and layout of the Freshslice Pizza restaurant, its location, and whether the franchisee decides to lease or buy the premises.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $12,500 – $25,000 |
| Training & Development Fee | $20,000 |
| Administration Fee | $10,000 |
| Lease Admin Charge | $250 – $7,500 |
| Leasing of Premises (per month) | $2,500 – $14,000 |
| Travel, Lodging, Food and Auto Rental | $250 – $3,500 |
| Deposit for Lease | $5,000 – $15,000 |
| Construction Project Management | $35,000 |
| Consulting and Inspection Fee | $0 – $15,000 |
| Equipment and Fixtures | $113,000 – $308,000 |
| Signage | $5,000 – $10,000 |
| POS system | $5,940 – $7,000 |
| POS fee (3 months) | $750 |
| Inventory and Supplies | $4,000 – $7,000 |
| Insurance | $800 – $1,200 |
| Licenses | $3,000 – $10,000 |
| Utilities | $1,000 – $1,500 |
| Grand opening | $5,000 |
| Professional Fees | $1,000 – $8,000 |
| Additional funds — 3 months | $12,000 – $30,000 |
| Total | $236,990 – $533,450 |
Average Revenue (AUV)
How much revenue can you make with a Freshslice Pizza franchise? A Freshslice Pizza franchised restaurant makes on average $730,000 in revenue (AUV) per year.
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Frequently Asked Questions
How many Freshslice Pizza locations are there?
As of the latest available data, Freshslice Pizza operates more than 150 locations across Canada
What is the total investment required to open a Freshslice Pizza franchise?
The total investment required to open a Freshslice Pizza franchise ranges from $237,000 to $533,000.
What are the ongoing fees for a Freshslice Pizza franchise?
Freshslice Pizza sets itself apart by charging no ongoing fees for its franchisees. Specifically, there are no royalty fees and no marketing or advertising fees applied to franchise operations
What are the financial requirements to become a Freshslice Pizza franchisee?
Prospective Freshslice Pizza franchisees are generally required to have at least $60,000 in liquid capital available to cover initial obligations. In addition, candidates are expected to show a net worth in the range of $120,000 to $160,000.
How much can a Freshslice Pizza franchise owner expect to earn?
The average gross sales for a Freshslice Pizza franchise are approximately $0.73 million per location. Assuming a 15% operating profit margin, $0.73 million yearly revenue can result in $110,000 EBITDA annually.
Who owns Freshslice Pizza?
The Freshslice Pizza franchise is owned by Ray Russell, who founded the brand in 1999 and continues to lead its growth and expansion.
Disclaimer
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