What is the estimated range for insurance costs for an Antioch Pizza Shop?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Paid |
|---|---|---|---|---|
| Initial Franchise Fee | $20,000 | Lump Sum | When you sign the Franchise Agreement | Us |
| Training Expenses (Transportation, Lodging Meals) | $2,100 – $5,250 | As incurred | As incurred | Varies |
| Truck/Trailer Purchase [See Note 1] | $60,000 - $120,000 | Lump Sum | As incurred | Auto dealer |
| Outfitting, Equipping and Wrapping of Truck/Trailer [See Note 1] | $5,250 - $10,500 | As incurred | As incurred | Suppliers |
| Commissary Lease Deposit [See Note 2] | $500 – $1,000 | Lump Sum | Upon signing of a lease, if applicable | Lessor |
| Commissary Lease Rental Payments [See Note 2] | $1,500 – $4,000 | As incurred | As incurred | Lessor |
| Commissary Leasehold Improvements and Equipment [See Note 3] | $1,050 – $2,625 | As Incurred | As Incurred | Contractors, suppliers |
| Inventory | $525 – $1,050 | As incurred | As incurred prior to opening | Designated and approved suppliers |
| Grand Opening Advertising and Marketing | $1,050 – $2,100 | As incurred | As incurred around the time of opening | Media suppliers |
| Insurance | $2,000 – | Lump Sum or | Prior to opening | Insurance |
| [See |
Source: Item 7 — Estimated Initial Investment (FDD pages 17–24)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the estimated initial investment for insurance ranges from $2,000 to $3,000. This cost covers the first three months of operation. The method of payment can be either a lump sum or a payment schedule, and it is due prior to opening the Antioch Pizza Shop. The payment is made to the insurance providers.
Several factors can influence the cost of insurance for an Antioch Pizza Shop franchise. These include policy limits, the types of policies required, the nature and value of physical assets, gross revenue, the number of employees, the location, and the business contents. If the franchisee intends to sell beer and wine, they will also need to purchase dram shop (liquor liability) insurance, which is estimated to cost $3,000 per year and is not included in the initial $2,000 to $3,000 estimate.
Prospective franchisees should consult with an insurance broker or provider to understand the specific insurance requirements and costs for their Antioch Pizza Shop location. It's also worth noting that a portion of the insurance premiums may be refundable under certain circumstances, so this should be discussed with the insurance broker or provider as well. Understanding these costs is crucial for budgeting and financial planning when starting an Antioch Pizza Shop franchise.