How much money is Blaze Pizza worth?
According to Rovell, Blaze Pizza recently sold a percentage of the company to a private equity firm, valuing the company at $250 million.
James now owns 19 Blaze Pizza franchises and counting. This investment, combined with several other smart financial decisions, have made him a very wealthy man.
| Blaze Pizza in Tallahassee, Florida, USA | |
|---|---|
| Key people | Rick Wetzel (Co-Founder) Elise Wetzel (Co-Founder) Brad Kent (Executive Chef) Mandy Shaw (President, CEO) Ana Henton (Interior Design Architect) LeBron James (Part-owner/Spokesman) |
| Products | Pizza, salad, dough knots, desserts, drinks |
| Website | blazepizza.com |
2021 Blaze Pizza Median Franchise Sales: $1,102,616
Based on the median sales provided by Blaze Pizza's franchise locations, at an average of a 15% profit margin it will take around 7.5 years to recoup the investment. This is longer than other franchise opportunities.
Blaze Pizza is open for franchising! To apply as a franchise operator, you'll need a minimum liquid capital of $250,000 and a minimum net worth of $500,000. The initial investment for Blaze Pizza is estimated to be $565,400 to $1,101,500 with a franchise fee of $30,000.
Shaquille O'Neal has an ownership stake in nine Atlanta-area Papa John's pizza restaurants, is a member of the company's board of directors and has a new endorsem*nt deal with the brand.
Case in point: Blaze Pizza is now one of the fastest-growing restaurant chains in America, easily topping its competitors like MOD Pizza and Pieology.
LeBron James' commitment to Blaze appears real
According to a Mashed interview with the restaurant's founders Rick and Elise Wetzel, LeBron James legit loves Blaze, and his ownership of 19 franchise locations reflects his passion for their make-your-own pizza concept.
When you invest in Blaze Pizza stock, you become a part of the Blaze Pizza family. Therefore, you get access to the company's recipes and procedures, training, vendors, and store build-out and trade dress.
James is estimated to own around 1% of the group, which owns the Boston Red Sox, Fenway Park and Liverpool, plus half of Roush Fenway Racing and 80% of the New England Sports Network. In late 2021, FSG agreed to pay about $900 million to add the NHL's Pittsburgh Penguins to its portfolio.
How many businesses does LeBron James own?
The SpringHill Company is actually three businesses under one roof, including James' Robot Company marketing agency and SpringHill Entertainment, which has backed movies such as "Space Jam: A New Legacy," which James stars in.
Headquartered in Los Angeles, Blaze Pizza has more than 340 restaurants across 41 states and six countries. The chain gained national attention in 2012 when NBA superstar Lebron James invested $1 million in the company — which then grew to a $35 million investment.
Founded in 2011, Blaze Pizza is the nation's leading fast-casual pizza franchise, with more than 340 restaurants across 38 states and 6 countries. Headquartered in Los Angeles, we're committed to delivering a one-of-a-kind customer experience and unparalleled high-quality products.
