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Below is an in-depth analysis and side-by-side comparison of East of Chicago Pizza Company vs Wally's Old Fashioned 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 | $162,000 - $463,000 | $143,750 - $161,500 |
Franchise Fee | $20,000 | $25,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1990 | 1978 |
Year Franchised | 1991 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | To be determined | - |
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 | Yes/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 2 weeks Classroom Training: 4 weeks | - |
Support | Co-op Advertising Ad Templates National Media Regional Advertising | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising | - |
Operations |
26% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) Number of Employees Required to Run: 20 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
We offer franchises for the operation of a "Wally's Pizza and Subs" business providing unique quick-service restaurant for carry out pizza, subs, salads and other food items, beverages and proprietary products under the name "Wally's Pizza and Subs." Wally's Franchise Systems, Inc. also engages in retail sales of proprietary food products and merchandise. The Franchise is operated in a free standing building or within a strip mall or retail rental location. The distinguishing characteristics of a Wally's Pizza and Subs include distinctive interior design, decor, color scheme, fixtures and furnishing, menus, recipes, the style and type of pizza we offer, homemade pizza sauce, competitive pricing, traditional methods, uniform (dress) standards, procedures for management control, training and assistance and advertising and promotional programs.