In August 2009 Pie Face Bakery Cafe launched a limited offer to new franchisees based in NSW to protect their profit for up to $120,000 in the first year of operation.
The Profit Protection Program (PPP) is specifically designed to attract high calibre franchisee's into the Pie Face fast food franchise network by partnering with franchisees to ensure they achieve between $80,000 and $120,000 profit in their first year of operation.
The pie franchise group has invested over $12 million of its own money into building 20 Pie Face stores, central kitchen facilities and all of the systems and IP over the last six years. They recently embarked on a franchising program to attract highly qualified franchisees into its pie franchise network.
Wayne Homschek, CEO of the pie franchise network said "We took our time before we begun franchising until we thought we were ready. Over this time we were surprised by the way other franchise systems marketed their franchises, and how often a franchise systems' promises failed to live up to the franchisee's expectations. This is why we are offering our PPP so as to attract high calibre candidates by demonstrating our confidence in the strength and profitability of Pie Face franchises. We believe this program and our transparency in general will shine through to qualified business owners/franchisee's and make Pie Face a very attractive option when considering investing in a franchise business"
The program is limited to green-field sites in New South Wales only and only applies to franchises committed prior to the end of September 2009. Conditions apply and are available upon request.