|
Below is an in-depth analysis and side-by-side comparison of Manny & Olga's Pizza vs Original Pizza Pan, The including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $125,000 - $225,000 | $150,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | $1000/month |
Advertising Fee | - | - |
Year Founded | 1983 | 1984 |
Year Franchised | 1998 | 1992 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
||
Training | 2 weeks after opening | - |
Support | Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
Manny opened his first restaurant in 1974, gaining valuable experience which he expanded on through the years.
In 1993, the restaurant was officially named Manny & Olga’s and the tradition was started. Incorporating the names of father and daughter (Manny and Olga) family values and warm hospitality are the key ingredients appreciated and respected by customers even today.
Delicious food, fair prices and quality service is what you can expect with every visit to Manny & Olga’s.Pizza Pan started off as a family-owned and operated Ohio business. Today, Pizza Pan is a very successful and rapidly expanding franchise.
Almost two decades have passed since the first Pizza Pan store was opened. After all these years, the recipe remains the same.
Their secret? They use fresh dough, sauce, 100% provolone cheese and the finest ingredients. That's the key to their mouthwatering pizza.
As a franchising concept, they've hit their stride. This rapid growth is made possible by the individual franchisees who consider each other family. Each franchisee will stop at nothing to help each other succeed. This family-like atmosphere has powered their success.