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Below is an in-depth analysis and side-by-side comparison of D'Angelo Grilled Sandwiches vs Spicy Pickle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $391,000 - $556,000 | $300,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | - |
Year Founded | 1967 | 1999 |
Year Franchised | 1988 | 2003 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | $10K | 20% of then-current fee |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings, Grand opening, Internet, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
Franchisees required to buy multiple units/master licenses; 77% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (77% of current franchisees are owner/operators) |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
On March 1, 1967, "Ma Riva's Sub Shop" in Dedham, Massachusetts opened its doors. The philosophy was simple: put the best quality meats, cheese, and ingredients in the freshest breads, and serve it in a quick, friendly way. Later the name was changed to Angelo and then added the letter D for delicious. And D'Angelo would serve as a pioneer in lunch offerings, making it possible for guests on the go to enjoy delicious, healthy options like fresh salads and Syrian pockets, made to order. In August of 1997, Papa Gino's Holdings Corporation, the parent company of Papa Gino's, acquired D'Angelo, creating an unparalleled combination in the quick service restaurant industry. Today, the D'Angelo menu includes over 44 sandwiches as well as a variety of soups and fresh-made salads. Together, D'Angelo and Papa Gino's share a commitment to provide high-quality products, attentive service, clean, convenient, attractive restaurants, and a premium value experience for every guest. With more than 200 D'Angelo Grilled Sandwiches restaurants and nearly 170 Papa Gino's restaurants, they serve more than 50 million guests every year, enjoying tremendous loyalty from both employees and guests.
Spicy Pickle is looking for experienced restaurant operators who also have the financial ability and marketing expertise to develop territory. Spicy Pickle restaurants are in relatively small footprints and can, when properly developed, operated and marketed, produce attractive returns for the investment. Spicy pickle has earned a reputation for serving delicious culinary inspired food that caters mostly to the daytime working populations in a fast casual atmosphere. We are looking for franchisees who have earned a similar reputation for success in their hometowns and are looking for this type of opportunity. If this describes you we encourage you make application and set up a visit to our Corporate headquarters. Be prepared to present a business plan for the roll out of Spicy Pickle restaurants in your chosen development area. We have in place the infrastructure to assist you from initial financial projections to site selection and lease negotiation to build-out assistance, training, grand opening and ongoing marketing and operational support. We are experienced franchisors and restaurant operators and are looking for franchisee partners to help expand the brand. What we need you to have: * Significant business experience and references, preferably in the retail environment and specifically in restaurant operations. * Sufficient financial strength to open several Spicy Pickle restaurants as locations become available (at least $1 Million dollars of liquidity). * Strong ties to the local community. * A desire to build, own and operate your own business, and entrepreneur. * Enthusiasm and the ability to wake up every day with an opportunistic attitude.