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Below is an in-depth analysis and side-by-side comparison of Manny & Olga's Pizza vs Russo's Coal-Fired Italian Kitchen including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $125,000 - $225,000 | $295,000 - $750,000 |
Franchise Fee | $25,000 | $49,500 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1983 | 1992 |
Year Franchised | 1998 | 1998 |
Term Of Agreement | 5 years | 10 years+5 |
Term Of Agreement | 5 years | 10 years+5 |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/Yes |
Training & Support |
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Training | 2 weeks after opening | 8 Week GM & Key Supervisor Training and Certification |
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) | On site pre and post opening training and operational support with quarterly QA Visits. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | 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.