Does Aw recommend purchasing a site for a Papa Ray's Pizza Restaurant?

According to Aw's 2025 Franchise Disclosure Document, Aw does not recommend purchasing a site for a Papa Ray's Pizza Restaurant. Item 7 includes an estimate for the security deposit and rent for the first 3 months of leasing a site, with costs ranging from $4,000 to $16,000 for a location between 900 and 2,500 square feet. The document specifically states that the estimate does not include purchasing a site, and that Aw would not recommend doing so.

Instead of purchasing, Aw suggests trying to secure a site already configured for a restaurant with existing kitchen fixtures and equipment. The cost of leasehold improvements can vary significantly, ranging from $30,000 to $60,000, depending on factors like size, condition, location, and local regulations. Securing a site that already has restaurant infrastructure can reduce these costs.

Prospective franchisees should consider Aw's recommendation against purchasing a site and focus on leasing options. This approach can lower the initial investment and reduce the risks associated with property ownership. Franchisees should also prioritize finding a location that minimizes leasehold improvement costs by looking for sites previously used as restaurants.