|
Below is an in-depth analysis and side-by-side comparison of Eatza Pizza vs Greco Pizza Donair including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $226,500 - $371,500 | $184,500 - $233,500 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1996 | 1977 |
Year Franchised | 1999 | 1977 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 1/3 of franchise fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | - | Greco's simplified menu and service concept make it easy for the new franchisee without previous restaurant experience to learn the Greco system in a short period of time. The current training program thoroughly prepares a new franchisee to operate a Greco restaurant after a four-week correspondence course. 21 days of advance training in an established Greco restaurant and on-site assistance after you open your own Greco restaurant. |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | Our comprehensive operational system is fully documented in our Operations Manual. The manual features our exclusive Greco control system in areas including product preparation, service, personnel, cost control, security and maintenance. |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Eatza Pizza isnt about gimmicks. Its about good food and a great selection. At Eatza Pizza, you can choose from at least 18 fresh pizzas every day. Its all you can eat for one low price. All you can eat pizza. Pasta. Salad. And dessert. No gimmicks. Just good food. When the first Eatza Pizza was founded in Phoenix, Arizona in 1997, they had their hearts set on a fun, value-oriented family pizza restaurant where friendly service, reasonable prices and great food were the star attractions. Thats still the foundation of Eatza Pizza today. The company currently has 77 restaurants opened or under development in the states of Alabama, Arizona, California, Florida, Idaho, Michigan, Mississippi, New Mexico, North Carolina, Ohio, Oregon, Utah, and Washington. There are 14 Eatza Pizza restaurants currently operating or planned in the greater Phoenix area.
Pizza has one of the highest levels of consumer acceptance in the food service industry. It is healthy with ingredients from each of the four food groups. As a finger food it requires no plates, knives or forks. It is a group meal as people enjoy eating from the same pizzaGreco Pizza is proud of its pan pizza. Years of research and development have resulted in a product that is second to none. Our pizzas are made with fresh dough daily using only the finest ingredients and Greco’s exclusive delicious pizza sauce.
Greco Donairs - because of its unique taste and texture, donairs have emerged as a major fast food item in Atlantic Canada and we are pleased to be the acknowledged leader with this exciting product. Only we have the "original Greco donair.” Our donair meat is manufactured to our specifications in our very own federally inspected meat plant, using secret recipes.
The unique OvenSub is quickly becoming a shining star on the Greco menu. Its unique positioning in the popular sub segment makes it a perfect sales builder for Greco restaurants.
Garlic fingers, with our exclusive donair dipping sauce are a strong menu item that has a loyal following in every Greco market.