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The Pizza Company

The Pizza Company Franchise

Food & BeverageEst. 2001Bangkok, Thailand

Thai pizza chain: 597 outlets in 9 countries (Dec 2024), none in India. Abroad it is franchised only as country-wide master franchises.

About This Listing

The Pizza Company has no outlets in India, and there is no single-outlet franchise for individual investors here. Minor Food's site still invites enquiries for country master franchises (one company gets the rights to a whole country and agrees development targets). But Minor Food set up its own Indian company, Minor Food (India) Pvt Ltd, in May 2025, and has said it is considering entering India (Aug 2025) and that India is an overseas priority (Feb 2026). It hasn't said whether India would go to an outside master franchisee or be run by Minor itself, or which brands it would bring, so we can't confirm that an India master franchise is available.

Source: Minor Food international franchise page (checked Oct 2026); Minor Food (India) Pvt Ltd registrar record via Tracxn; Bangkok Post, Aug 2025 and Feb 2026

The Pizza Company franchise at a glance (terms checked Oct 2026)

Franchising status unconfirmedModels: MasterTerms checked Oct 2026

Investment

Not published

The brand doesn't publish its investment · incl. fee, fit-out, equipment · excl. rent deposit, working capital, GST

Ongoing take

Not published

Franchise fee

Not published

Payback

Not published

FranchiseChuno ScoreNot scored — not taking franchisees
  • Disputes with franchisees: None found (records checked Oct 2026)
  • Territory protection: exclusive

Outlets

Not published

What we couldn't verify

  • • Outlet closures
  • • Franchisee satisfaction
  • • Profit or loss
  • • Revenue trend

Ask before you sign

  1. Get written confirmation that The Pizza Company is taking franchisees at all before paying anything — see the note at the top of this page.
  2. Get a written, itemised cost breakdown — the brand hasn't published one.
  3. Ask for the one-time franchise fee in writing, and whether any part is refundable.

Franchise terms checked against The Pizza Company's official franchise page on 6 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.

Ways to Partner with The Pizza Company

1 partner model published by the brand. Figures it doesn't publish are left blank.

Master franchise

Country master franchise

Investment
₹5 Cr – ₹10 Cr
Territory
Exclusive rights to a country or territory, with agreed development targets
Who it suits
Usually an existing multi-unit restaurant operator with the resources to develop the brand nationally

The investment range is our estimate; Minor Food publishes no figure.

Reputation & News

What the press, courts and real franchisees or customers have said about The Pizza Company — summarised by us, with every source linked.

  • In the news· Feb 2026

    Minor Food weighs a Hong Kong IPO and names India as a priority market

    Minor International's group CEO told the Bangkok Post that Minor Food was considering a Hong Kong listing by the end of 2026, planned about 10 new Pizza Company outlets in Thailand that year, and counted Indonesia and India among its overseas priorities. No India brand or partner was named.

    Source: Bangkok Post
  • In the news· Aug 2025

    Minor Food plans 4,500 outlets by 2029

    Minor Food's chief development officer told the Bangkok Post the group aims to grow from about 2,700 outlets in 2024 to 4,500 by 2029, with franchise partners abroad. International growth is to be led by core brands such as The Pizza Company, in markets including China, Singapore, Australia, Japan, Cambodia, Laos, Myanmar, Vietnam and the Middle East; the article adds that the company is also considering entering the Indian market.

    Source: Bangkok Post

Restaurant formats

Formats Minor Food offers franchisees

  • Counter service
  • Full-service restaurant in a mall
  • Full-service restaurant on a street
  • TPC Express (dine-in and delivery)

Source: Minor Food — The Pizza Company franchise page

Key Terms at The Pizza Company

The clauses that shape day-to-day running and your exit — read these before the fee.

Territory
International rights are granted country by country to one master franchisee, with development targets agreed for that country.
Supply & stock
Minor Food approves suppliers of equipment, fixtures, fittings, uniforms, utensils and signage.
Other terms
Franchisees get restaurant décor and design guidelines, and Minor's architects help with store designs.

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Agreement Type

Not specified

Contract Duration

—

Renewal Available

—

Territory Exclusivity

—

Non-Compete Clause

—

Exit Clause

—

Who Can Apply for The Pizza Company

Conditions the brand sets for partners, and the licences the business needs.

  • Operator profile: Usually already a multi-unit restaurant operatorPreferred
  • Scale: Resources to develop the brand across a whole country or territoryRequired

About the Brand

Brand USP

Minor Food says The Pizza Company holds nearly 80% of Thailand's pizza market.

Parent CompanyThe Minor Food Group PCL (Minor International)
Global Outlets597
HeadquartersBangkok, Thailand
The Pizza Company is a Thai pizza chain owned by Minor Food, the restaurant arm of Bangkok's Minor International group. Minor launched it in Thailand in March 2001. Minor Food reports 597 outlets in 9 countries as of 31 Dec 2024: Thailand, Vietnam, Cambodia, Myanmar, Laos, the UAE, Saudi Arabia, Bahrain and the Maldives. It franchises counter-service, mall and street full-service, and TPC Express formats. It has no outlets in India. Outside Thailand, Minor Food franchises only through master franchises: one company gets the rights to a whole country, agrees development targets and is usually already a multi-unit restaurant operator. Minor gives store design guidelines, architect support and an approved list of suppliers for equipment, fixtures, uniforms and signage. It publishes no investment, fee, royalty or contract term. Our ₹5–10 Cr figure is only a rough FranchiseChuno estimate of the floor for starting an India master franchise. What to watch: this is not an option for someone looking to buy a single outlet, and it isn't clear an India master franchise is on offer either. Minor Food set up its own Indian company, Minor Food (India) Pvt Ltd, in May 2025. Minor Food told the Bangkok Post in Aug 2025 it was considering entering the Indian market, and in Feb 2026 Minor International's group CEO named India among its overseas priorities. Minor hasn't said whether India would go to an outside master franchisee or be run by Minor itself, or which brands it would bring. Several unrelated Delhi restaurants trade under the name 'The Pizza Company'; they are not part of Minor Food. The Minor Food Group's standalone accounts (Thailand) show revenue falling about 11% in each of 2020 and 2021, a loss in 2022 and a profit in 2023, but a franchisor's results say nothing about how a restaurant performs.

Why invest in The Pizza Company?

- Minor Food reports 597 The Pizza Company outlets in 9 countries (31 Dec 2024). - Minor Food says the brand has nearly 80% of Thailand's pizza market. - Minor Food gives franchisees design guidelines and architect help, and approves their equipment suppliers.

The Pizza Company by the Numbers

As stated by the brand

597 in 9 countries

Outlets · Dec 2024

Brand claim

Nearly 80%

Share of Thailand's pizza market · Oct 2026

Brand claim

2,699 outlets, 80 brands, 26 countries, 100+ franchisees

Minor Food network · Oct 2026

Brand claim

The Pizza Company Outlet Network

By country · Dec 2024

  • All countries597
  • India0

Company Health Check

What The Pizza Company's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Group companies

  • Minor International PCLHolding company · 99.73%
  • Minor Food (India) Private LimitedSubsidiary

Source: Tracxn (Thailand DBD filings) (checked Oct 2026)

Full company recordsFinancials year by year, registered details, leadership and timelineShow

The Pizza Company Financials Over Time

Figures for the parent company, from filed or reported accounts.

CY2017
₹1031.01 Cr
Profit ₹69.49 Cr
CY2018
₹1197.21 Cr▲ 16%
Profit ₹75.26 Cr
CY2019
₹1378.41 Cr▲ 15%
Profit ₹61.03 Cr
CY2020
₹1279.59 Cr▼ 7%
Profit ₹36.56 Cr
CY2021
₹1102.1 Cr▼ 14%
Profit ₹10.75 Cr
CY2022
₹1042.93 Cr▼ 5%
Loss ₹26.18 Cr
CY2023
₹1389.47 Cr▲ 33%
Profit ₹282.2 Cr

Source: Tracxn (Thailand DBD filings; THB converted to INR by Tracxn)

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Profile

The legal entity behind the brand, its leadership, and its official channels.

Registered name
The Minor Food Group Public Company Limited
Company type
Public limited company (Thailand)
CIN
0107536000889
Incorporated
26 Aug 1993
Headquarters
Bangkok, Thailand

Social presence

LinkedInFacebook

Company details source: Tracxn (Thailand DBD registry)

The Pizza Company Timeline

  1. Early 1980s

    Minor Food introduces international-style pizza to Thailand

  2. Mar 2001

    The Pizza Company launched in Thailand

  3. Dec 2024

    597 outlets in 9 countries

  4. May 2025

    Minor Food (India) Pvt Ltd incorporated

    A Minor Food subsidiary set up in Delhi for food and beverage operations; announced by Minor International in Oct 2025.

    Source
  5. Aug 2025Announced plan

    Minor Food targets 4,500 outlets by 2029

    Bangkok Post: international expansion led by core brands including The Pizza Company; Minor Food said it was also considering entering the Indian market.

    Source
  6. Feb 2026Announced plan

    Minor International's CEO names India among Minor Food's overseas priorities

    Bangkok Post report; no India brand, partner or timeline given. Minor Food was also weighing a Hong Kong IPO by end-2026.

    Source
  7. Jul 2026Announced plan

    Minor Food targets a Singapore IPO in Dec 2026

    Kaohoon International: the listing target moved from Hong Kong to Singapore, raising up to S$400 million; Minor Food then ran 2,733 restaurants in 25 countries. India was not mentioned.

    Source

FranchiseChuno Analysis

Our analysis of verified data

How The Pizza Company looks once the numbers are checked side by side.

  • ✓Brand operating for 25 yearsFounded in 2001. The brand doesn't state when franchising began.

Data completeness

27%

  • ✓ Terms checked against the brand's own page
  • â—‹ Published investment (not an estimate)
  • â—‹ Franchise fee
  • â—‹ Royalty
  • â—‹ ROI or payback claim
  • â—‹ Agreement term
  • â—‹ Training details
  • â—‹ Outlet cities verified
  • â—‹ Company financials
  • ✓ Legal entity
  • ✓ News & public opinion checked

Ask Before You Sign

Questions tailored to what The Pizza Company does and doesn't publish.

  1. 1Get written confirmation that The Pizza Company is taking franchisees at all before paying anything — see the note at the top of this page.
  2. 2Get a written, itemised cost breakdown — the brand hasn't published one.
  3. 3Ask for the one-time franchise fee in writing, and whether any part is refundable.
  4. 4Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
  5. 5Ask for the agreement term, renewal fee and exit or transfer terms.
  6. 6Ask whether you get an exclusive territory, and how large it is.
  7. 7Have a lawyer review the franchise agreement before paying anything.
  8. 8Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShow

Operations Required

What you'll need on the ground to run this franchise day-to-day.

Area Required

—

Staff Needed

—

Setup Time

—

Owner Involvement

—

Best Locations

Not published

Business Type

Not published

Training & Support

What the brand provides to help you launch and run your franchise.

Operations Manual

Step-by-step playbook for running the outlet

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

What The Pizza Company franchisees say

We haven't yet heard from enough The Pizza Company franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

I run a The Pizza Company outlet — share how it went

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