|
Below is an in-depth analysis and side-by-side comparison of Figaro's Pizza vs Ameci Pizza & Pasta including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $86,500 - $549,000 | $250,000 - $300,000 |
Franchise Fee | $39,000 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 3% | 3% |
Year Founded | 1981 | 1984 |
Year Franchised | 1986 | 0 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Food service experience is certainly an advantage but is not necessary. Your aptitude, your desire, your work ethics, your grooming and courtesy are all paramount to your success. | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | Yes/- |
Receivables | No/No | Yes/- |
Payroll | No/No | Yes/- |
Training & Support |
||
Training | On-The-Job Training: 59 hours Classroom Training: 55 hours Additional Training: At headquarters & in the field | Ameci has developed a hands on and in-depth training program that is sensitive to the learning pace of each candidate. There is both on-site/on-the-job training and classroom type training. Ameci training personnel have worked as operational employees of the company and understand what it takes to be a successful franchise owner. The company will also continue to develop new products and operational techniques and systems to stay in a competitive position. Training, therefore, is an ongoing way of life and a major commitment of Ameci management. |
Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development | - |
Operations |
61% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 - 13
Absentee ownership of franchise is allowed. (39% of current franchisees are owner/operators)
| - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |