|
Below is an in-depth analysis and side-by-side comparison of Z 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 | $249,000 - $359,000 | $184,500 - $233,500 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 6% | - |
Advertising Fee | 3% | - |
Year Founded | 1986 | 1977 |
Year Franchised | 1999 | 1977 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | Additional training available as required | 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 | The zpizza support system is extremely detailed and begins from the moment your franchise agreement is signed, throughout your development phases, and through your store opening. Training is provided to the operational owners and managers for your store. The zpizza Training Program is a four week program comprehensive of all operational details involved in your business. zpizza provides a team to serve from pre-opening to opening. - Use of brand name, trademarks, recipes, operational systems and methods, and décor - Facility planning on site location and architectural design - Specifications for fixtures, equipment, and leasehold improvements - Assistance in site selection and lease negotiation - Corporate training for Owner/Operator and Director of Operations/General Managers - Kitchen/Back of the House Workflow design - Ongoing support from members of the Training and Operations Team - Ongoing updates for increasing profitability - Products with high industry demand - Favorable national contracts with suppliers of goods and services - Operating manuals, policies, procedures, and business management systems - Annual franchisee meetings - Access to zpizza's proprietary, Internet-based system that acts as a repository for all above-mentioned support materials, manuals, graphics and brand communications. | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% 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 | - |
Z Pizza was founded in 1986 and began franchising in 1999. The Newport Beach, California-based company has more than 90 units in the United States.Z Pizza is a rapidly growing chain of gourmet, health conscious pizza stores operating in high-profile lifestyle centers and metropolitan retail centers. The store footprint is approximately 1,100 to 1,500 square feet. Z pizza serves four day parts which include, lunch, afternoon chill, dinner and catering. The wide menu serves pizza, pizza by the slice, salads and sandwiches.
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.