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Updated RecentlyFamous Famiglia vs Romeo's Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Famous Famiglia vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $100,750 - $530,800 | $128,000 - $470,500 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | 1-2%co-op 3% local |
| Year Founded | 1986 | - |
| Year Franchised | 2002 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience |
*You have a passion for the pizza/restaurant industry
*You have a natural desire to serve people
*You have the ability to motivate a team of individuals
*You pay attention to detail and follow through on tasks
*You are a natural team player
*You are a good listener and understand the value of following a proven system
*You share in a similar work ethic and promote a healthy work environment
*You have a business plan for your Famous Famiglia business
*You have the financial wherewithal to establish your business We welcome entrepreneurial individuals and groups that are interested in considering multi-unit development programs. We also offer territorial exclusivity to qualifying prospects. | We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met: Single Unit $100,000 in cash or cash equivalents $250,000 in net worth Multi-Unit Development $200,000 in cash or cash equivalents $800,000 net worth Relevant food service operations experience is required by either the potential franchisee or the franchisee's Operating Partner. This is the single most important factor for success. We also require the Operating Partner to have ownership interest in the organization if the franchisee does not have operations experience. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | The training program is 4-6 weeks. This program will provide the skills and knowledge to become a Romeo's franchisee. Training will occur at one of Romeo's Pizza Training Restaurants and the Home Office in Medina, Ohio. The Romeo's training includes education on the following: Station Training Management Skills Problem Solving People Development Financial Analysis Local Store Marketing Relentless Pursuit of Pizza Perfection |
| Support | - | The Romeo's Executive Team will work to design a program tailored to the specific needs of the potential franchise partner. The potential franchisee and their team will be ready for revenue at the end of the training program. Throughout the process, Romeo's will work with the potential franchisee to complete a business plan. The potential franchisee's team will work with Romeo's franchise development, operations and marketing professionals which will help and assist them in developing, marketing and operating a Romeo's Pizza franchise. |
| Marketing | - | - |
| Operations | - | The franchisee or a designated Operating Partner will be required to actively manage the day-to-day operations of the business. As such, the franchisee or the designated Operating Partner must live in the area to be developed and possess prior restaurant/retail supervisory experience commensuration with the number of restaurants that are planned for development. |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Famous Famiglia
Franchising is a very popular business model in the United States and in many countries throughout the world. It is proven that investing in a franchise reduces exposure to risk by following a proven system. While there are no guarantees in business, our franchise program has been carefully developed and executed over the years.
Since our brand is very important to us, we decided long ago to develop a franchise system that will hopefully do two things: preserve the respected reputation of the Famous Famiglia brand and provide a business opportunity to entrepreneurs.
Famous Famiglia is currently seeking qualified franchisees in a variety of markets. While our preference is to attract experienced food & beverage operators, experience in the industry is not a requirement. We encourage motivated individuals that have a long-term vision for entrepreneurship and own their own business to consider our program.
We feel there are certain traits about an individual, or a group, that might make them an ideal Famous Famiglia franchisee candidate. These are some of the traits we are looking for:
- You have a passion for the pizza/restaurant industry
- You have a natural desire to serve people
- You have the ability to motivate a team of individuals
- You pay attention to detail and follow through on tasks
- You are a natural team player
- You are a good listener and understand the value of following a proven system
- You share in a similar work ethic and promote a healthy work environment
- You have a business plan for your Famous Famiglia business
- You have the financial wherewithal to establish your business
We welcome entrepreneurial individuals and groups that are interested in considering multi-unit development programs. We also offer territorial exclusivity to qualifying prospects.