Mod Pizza plans to go public (2024)

FAQs

Will MOD Pizza go public? ›

It's the eighth restaurant to announce an IPO this year. Digital revenue soared 275 percent in 2020. MOD Pizza announced plans to go public Monday, becoming the eighth restaurant to do so this year.

In May 2019, MOD Pizza raised $160 million in a funding round and plans to expand to 1,000 stores within next five years. MOD Pizza opened its first Canadian location (Langford, B.C.) in 2019. In 2022, a second location opened in Nanaimo, B.C.

The trademarks MOD, MOD Pizza, and the MOD Shield, are owned by MOD Super Fast Pizza, LLC.

MOD reported the following key business highlights for fiscal 2020, year over year: System-wide sales of $461 million, a 5% decline. Company net revenue of $388 million, a 1% decline. Digital revenue up nearly 275% with digital transactions increasing 216%, representing approximately 40% of sales.

This Married Couple Sold Their Company to Starbucks for $90 Million, and Then Built a $131 Million Pizza Empire.

MOD Pizza Celebrates Pride Month With Limited-Edition “Pride Cake” To Support LGBTQ+ Community - Mod Pizza. The more you eat, the more you earn. Earn free pizza, salads, sides, and more!

According to Nation's Restaurant News, MOD Pizza reigned as the fastest-growing restaurant chain in the country in 2018 and 2019 and moved to No. 3 in 2020, with 467 stores, sales growth of 26.21% and system-wide sales of $493.1 million.

LeBron James is a part owner of Blaze Pizza, with a reported equity stake of $35–40 million. He initially invested in the company in 2012, when it was first starting up.

Welcome to MOD

When Scott and Ally Svenson founded MOD Pizza in 2008, they knew the last thing the world needed was another pizza place. In their hometown of Seattle, they imagined a new way for people to enjoy pizza, by bringing speed, individual style and value to one of America's favorite foods.

Piping hot pizzas are cooked in just three minutes using an 800° oven and if the customer doesn't like their first creation, they get a do-over free. MOD Pizza (MOD is short for Made On Demand), is the brainchild of Scott and Ally Svenson who were trying to figure out an economical way to feed their four hungry boys.

What pizza chain did McDonald's own? ›

In 1999, Donatos was purchased by McDonald's in an attempt to enter the pizza industry.

The healthiest way to eat a MOD Pizza is to opt for lean proteins, low-fat cheeses and veggie toppings. Additionally, you can switch out regular cheese for vegan options or choose a gluten-free crust to make your meal even healthier.

MOD Pizza revenue is $398.0M annually.

How much does MOD Pizza in the United States pay? Average MOD Pizza hourly pay ranges from approximately $8.75 per hour for Line Cook/Prep Cook to $23.69 per hour for General Manager. The average MOD Pizza salary ranges from approximately $20,000 per year for Dishwasher/Busser to $144,000 per year for Controller.

MOD Pizza has 2,530 employees.

The largest Pizza chain in the U.S. is Domino's Pizza Inc. with a revenue of $4.53 billion in 2022.

Franchisee Requirements and Support: The initial franchise fee is currently $30,000 per location or $20,000 if operating a certified training location.

The estimated total pay for a All Star at MOD Pizza is $18 per hour.

MOD Pizza: 15% off entire purchase. *

SEATTLE--(BUSINESS WIRE)--Today, MOD Pizza (“MOD Super Fast Pizza Holdings, LLC.”, “MOD” or the “Company”) doubled down on its commitment to tackle childhood hunger by proclaiming, “This is Not a Pizza Place,” as they launch their annual Spreading MODness celebration.

Is MOD Pizza really gluten free? ›

Do you have gluten-friendly options? We offer a gluten-friendly and cauliflower crust option. Since we prepare our food on one serving line, we cannot guarantee that any of our menu items are free of allergens or gluten, and none of our crust options are recommended for those with a gluten sensitivity.

ABOUT MARCO'S PIZZA

Marco's Pizza is one of America's Top 10 Favorite QSR Brands according to the 2022 Market Force Information Study. Headquartered in Toledo, Ohio, Marco's Pizza is the fastest-growing pizza brand in the United States*.

Scott Svenson - Co-founder and CEO - MOD Pizza | LinkedIn.

He also owns 17 Auntie Anne's Pretzels restaurants and nine Papa John's franchise units. In fact, O'Neal is a brand ambassador for Papa John's and has been on the pizza company's board of directors since 2019.

Shaq owns nine Papa John's restaurants in and around Atlanta. He has also appeared in Papa John's commercials and other advertising which is part of the criteria he required. He not only purchased nine franchises, but he also sold the company the right to use his likeness and voice for $8.5 million.

Blaze Pizza has confirmed that it has the final elements in place to go public, a key step that brand leadership sees toward beginning to take a run at pizza's so-called Big Three of Domino's, Pizza Hut and Papa John's, which are all publicly traded now.

MOD earned a spot on the Inc. 5000 list of the most successful high-growth companies in America and received a Gold Davey Award for its cause marketing campaign that supported teen suicide prevention. MOD has been named America's fastest growing restaurant chain in the US by Technomic for four years running.

Seattle, WA

MOD Super Fast Pizza Holdings, LLC / Place founded

Average PIZZA RESTAURANT Restaurant Owner yearly pay in the United States is approximately $60,000, which meets the national average. Salary information comes from 2 data points collected directly from employees, users, and past and present job advertisem*nts on Indeed in the past 36 months.

Success at MOD all comes back to what we call “The 4 Gs” – Grit, Growth, Generosity and Gratitude.

What is the slogan of MOD Pizza? ›

MOD Pizza's motto is "purpose-led, people-first" and the quick service pizza restaurant doesn't disappoint.

MOD Pizza's signature crust is made with a combination of unbleached, unbromated wheat flour, salt, and extra-virgin olive oil. Functionally, the subtle flavor of the oil gives the pizza's traditional crust an element of flavor and tenderness, while the dough is cured overnight before baking.

Panera Bread is privately held by JAB Holding Company.

John Hampton "Papa John" Schnatter (born November 22 or 23, 1961) is an American entrepreneur who founded the Papa John's pizza restaurant chain in 1984. Schnatter started the business in the back of his father's tavern after selling his car and using the proceeds to purchase used restaurant equipment.

Coca-Cola does not own Mcdonald's however the relationship and ultimate partnership between the two companies has been long and successful. Coca-cola and McDonald's have worked together since 1955 when McDonald's was first getting started and when McDonald's needed a beverage distributor.

Most dieticians point to the cheese as being the unhealthiest part of a pizza. This is because cheese has a high fat and salt content, which isn't healthy in large amounts.

“Choose thin crust versus thick crust or even stuffed crust to help reduce the total calories and sodium,” says Kimberlain. One slice of a small thin-crust pizza with no cheese has 141 calories and 282 mg sodium, according to the USDA.

To store any leftover pizza in the fridge, they should be tightly wrapped in plastic wrap or aluminum foil on a plate or transferred to an airtight container. According to the USDA's food safety guide, leftover pizza will last in the fridge for up to 4 days if correctly refrigerated within the 2-hour time frame.

According to BNG Payments, the average profit margin for pizza businesses is about 15%. These are industry averages though, and vary a lot from one pizzeria to another.

Expect to make a 15% profit margin with top pizza franchises. Compare that with nonchain stores with a 3% to 7% margin.

How many inches are MOD Pizza? ›

*Prices: A mini 6-inch pizza is $4.87. A Mod 11-inch is $7.87 and a Mega 11-inch double crust is $10.87. Pizzas cost the same whether you build your own or choose one of the standard pizzas. Build-your-own salads come in a mini, Mod and Mega and are priced the same as the pizzas of the same name.

As of May 31, 2023, the average annual pay for a Mod in the United States is $44,689 a year. Just in case you need a simple salary calculator, that works out to be approximately $21.49 an hour.

How much does MOD Pizza in Texas pay? Average MOD Pizza hourly pay ranges from approximately $10.33 per hour for Team Member to $17.97 per hour for Assistant Manager. The average MOD Pizza salary ranges from approximately $25,564 per year for Restaurant Staff to $61,343 per year for Assistant General Manager.

The industry standard for pizza businesses is a 15% profit margin. With 1 million in annual sales, you can expect to earn $150K from pre-tax profits! One of America's favorite fast foods is pizza. The pizza restaurant industry is a multi-billion-dollar industry.

MOD full form in home loan is Memorandum of Deposit which is executed by the bank and is signed between the bank (lender) and the consumer (borrower of home loan). The MOD in home loan is usually executed as the last installment is disbursed into the borrower's loan account.

SEATTLE (May 21, 2019) – MOD Super Fast Pizza Holdings, LLC (“MOD Pizza”, “MOD” or the “Company”), the fastest growing restaurant chain in the United States for the past four years,¹ today announced a $160 million equity financing led by Clayton, Dubilier & Rice (“CD&R”), a private investment firm recognized for its ...

The pizza market in India is pegged at nearly $2 billion, according to information on the web. The market is dominated by American brands such as Domino's, Pizza Hut and Papa Johns.

The Pizza Company

The largest pizza chains in the world are based in the United States and include names such as Domino's Pizza, Inc. (NYSE:DPZ), Pizza Hut – owned by Yum! Brands, Inc. (NYSE:YUM), and Papa John's International, Inc.

Which pizza franchise makes the most money? ›

Largest Pizza Chains Research Summary

The largest Pizza chain in the U.S. is Domino's Pizza Inc. with a revenue of $4.53 billion in 2022. As of 2023, the U.S. pizza chain industry has a market size of $65 billion. There are 35,309 chain and 39,808 independent pizza restaurants in the U.S. as of 2021.

Lamar Jackson is a professional football player for the Baltimore Ravens. He is also the part owner of a Blaze Pizza shop located in Westminster, Maryland.

2004. Domino's Pizza Inc. becomes a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol DPZ.

Founded by Rick and Elise Wetzel and fueled by the star power of celebrity investor and spokesman LeBron James, Blaze began five years ago with two stores in Irvine and Pasadena, California, and hit the 200 mark last week with its new store in Mentor, Ohio.