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Below is an in-depth analysis and side-by-side comparison of Manny & Olga's Pizza vs Red's Savoy Pizza 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 | $200,500 - $347,167 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1983 | 1965 |
Year Franchised | 1998 | 2011 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | |
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 | Red's Savoy Pizza franchisees gain operational support from the ground up. We deliver classroom and in-store training, as well as grand opening assistance to make sure your store gets off to a successful start. Throughout the operation of your business, we are here to respond to operational needs within the system, whether on an individual store basis or system-wide. |
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 | - |
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.