| ||||
Updated RecentlyEast of Chicago Pizza Company vs Pie Five Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of East of Chicago Pizza Company vs Pie Five Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $162,000 - $463,000 | $392,500 - $891,000 |
| Franchise Fee | $20,000 | $40,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 1990 | 2011 |
| Year Franchised | 1991 | 2011 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | To be determined | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About East of Chicago Pizza Company
When founder L. Scott Granneman was thinking of a name for his second pizza restaurant in Willard, Ohio, he remembered one of his customers telling him he made 'the best pizza east of Chicago.' The comment stuck with Granneman, and now East of Chicago Pizza has more than 120 locations stretching as far east as Virginia.
East of Chicago locations offer favorite toppings such as pepperoni and mushrooms as well as a menu of specialty pizzas like Taco (which is covered with lettuce, tomato, black olives, sour cream, cheddar cheese, beef and salsa) and dessert pizzas (Dutch Crunch apple pizza or Peanut Butter & Jelly).
About Pie Five Pizza
Our five-minute gourmet pizza concept is quickly gaining momentum.
Founded in 2011, we've opened 48 locations, operating in 15 states and Washington, DC, and will have 500 franchise and company locations under development.
Customers love how our pizzas taste, but our franchisees love how our business model makes dough!
*Sister company of Pizza Inn
*Turbo shelf oven technology that accelerates throughput
*Labor matrix tracking methodology focused on volume
*Significant buying power driving down the cost of goods
*Restaurant construction team with over 56 years experience
*Restaurant Support Center with over 50 employees to support you
*25% sales growth year-over-year.
The total investment necessary to begin operation of a standard Pie Five
Restaurant ranges from approximately $392,500 to $585,417. This
includes $53,000 to $64,000 that must be paid to the franchisor or their
affiliate. Certain Pie Five Restaurants operate, under different terms,
in special venues, like airports and universities, that have captive
consumer markets.
The total investment necessary to begin operation of a
Captive Market Restaurant ranges from approximately $442,500 to
$891,000. This includes $62,000 to $67,000 that must be paid to the
franchisor or their affiliate.