|
Below is an in-depth analysis and side-by-side comparison of Ledo Pizza vs Rapid Fired Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $126,250 - $442,000 | $340,000 - $450,000 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 1% | 3% |
Year Founded | 1986 | - |
Year Franchised | 1989 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 140 hours Additional Training: Ongoing | Expect to have in-store training last about a week after construction is completed prior to opening your location. Employee "live training" via a Friends and Family night or VIP event. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Since 1955, Ledo has been making pizzas with a recognizable rectangular shape and thick-sliced pepperoni. Ledo's more than 40 franchise locations offer East Coasters several appetizers; soups and salads; pastas such as portobello mushroom ravioli and chicken and broccoli; fettuccine Alfredo; burgers; submarine sandwiches; calzones and desserts.
RAPID FIRED PIZZA was founded by experienced restauranteurs with a focus on streamlined operations, clear training systems for employees, and a very strong focus on unit economics. With in-house demographic analysis, customer information gathering, graphic design, marketing, architectural design, and real estate leasing, RAPID FIRED PIZZA is well positioned to support our franchisees. With extensive knowledge of all aspects of the restaurant industry and its customers, RAPID FIRED PIZZA is a recipe for success.
RAPID FIRED PIZZA has an Amazingly Good, Amazingly Fast product, simplified operations and a low cost of entry. We utilize systems and equipment that enable the employees to produce an amazing product every time. Our pizzas are available on thin, pan or gluten free crusts with a choice of eight sauces, eight cheeses, eight meats, twenty veggies and twelve dipping sauces. We also offer craft and custom salads for those who are counting calories or watching their carbs. Where available, we encourage bottled beer and single serve wine to be offered.