|
Below is an in-depth analysis and side-by-side comparison of Manny & Olga'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 | $125,000 - $225,000 | $250,000 - $300,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1983 | 1984 |
Year Franchised | 1998 | 0 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $5K | - |
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/Yes | Yes/- |
Payroll | No/Yes | Yes/- |
Training & Support |
||
Training | 2 weeks after opening | 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 | 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 | - |
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.