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Below is an in-depth analysis and side-by-side comparison of Manny & Olga's Pizza vs Chuck E. Cheese's 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 | $1,170,000 - $1,830,000 |
Franchise Fee | $25,000 | $50,000 - $800,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 0,75% |
Year Founded | 1983 | 1977 |
Year Franchised | 1998 | 1977 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | To maintain our brand’s reputation, we ask that potential franchise owners meet the following:
Must be a resident of country to be developed and have knowledge of operating businesses including local regulations, real estate, and local cultures A passion for the brand, commitment and a drive to succeed Strong Leadership skills Strong business and financial acumen Good interpersonal and administrative skills An entrepreneurial mindset Capital to grow: Our minimum financial requirements are that potential franchise partners have a minumum of $800,000 in liquid assets that they can invest into each Chuck E. Cheese’s they develop If you would like to open 1-5 stores, it would require $800,000- $ 4 million in liquid assets to be invested in Chuck E Cheese’s. If you would like to open 6-10 stores, it would require $4- $8 million in liquid assets to invested in Chuck E. Cheese’s If you would like to open 11 or more stores, it would require $8.8 million in liquid assets to be invested in Chuck E. Cheese’s |
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Financing Options |
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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 |
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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 |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
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.