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Below is an in-depth analysis and side-by-side comparison of Ronzio Pizza vs Romeo's 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 | $134,000 - $183,000 | $128,000 - $470,500 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | 1-2%co-op 3% local |
Year Founded | 1986 | - |
Year Franchised | 1992 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met: Single Unit $100,000 in cash or cash equivalents $250,000 in net worth Multi-Unit Development $200,000 in cash or cash equivalents $800,000 net worth Relevant food service operations experience is required by either the potential franchisee or the franchisee's Operating Partner. This is the single most important factor for success. We also require the Operating Partner to have ownership interest in the organization if the franchisee does not have operations experience. |
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Financing Options |
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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 |
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Training | - | The training program is 4-6 weeks. This program will provide the skills and knowledge to become a Romeo's franchisee. Training will occur at one of Romeo's Pizza Training Restaurants and the Home Office in Medina, Ohio. The Romeo's training includes education on the following: Station Training Management Skills Problem Solving People Development Financial Analysis Local Store Marketing Relentless Pursuit of Pizza Perfection |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | The Romeo's Executive Team will work to design a program tailored to the specific needs of the potential franchise partner. The potential franchisee and their team will be ready for revenue at the end of the training program. Throughout the process, Romeo's will work with the potential franchisee to complete a business plan. The potential franchisee's team will work with Romeo's franchise development, operations and marketing professionals which will help and assist them in developing, marketing and operating a Romeo's Pizza franchise. |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | The franchisee or a designated Operating Partner will be required to actively manage the day-to-day operations of the business. As such, the franchisee or the designated Operating Partner must live in the area to be developed and possess prior restaurant/retail supervisory experience commensuration with the number of restaurants that are planned for development. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Pizza has widespread appeal and it is popular in all regions of the USA and in many foreign countries. It is a food without peer in its flexibility and its adaptability. Practically any taste can be satisfied with pizza from the traditional to the exotic can be accommodated with a simple variation. Pizza is an economical meal or snack and because it contains the four basic food groups, pizza is nutritious and good for you. Ron Paul, president of the Chicago based consulting firm Technomics sees the pizza category growing. The growth of local and regional companies is so significant that these newcomers may actually keep the big players from growing in some markets. The rapid growth of the home delivery food business has been accelerated by changes in sociological trends in America: the dramatic increase in the number of two income households and the continued increase in convenience being sought by consumers. According to restaurant industry analysts, the potentially lucrative at home market is where the greatest future potential lies. The growing popularity of home entertainment, coupled with the demand for convenience, spells opportunity for take-out and home delivered foods. Despite the intensification of competition from all quarters, most pizza operators express great optimism, and not without reason. Pizza continues to be enormously popular with a key demographic group: Baby Boomers and their kids. As a result of this trend, industry analysts cannot see this category slowing down much at all in the near future. Pizza offers good value, and delivers well, two key ingredients for success, given today's economics and lifestyle trends. All of the products sold in Ronzio Pizza Shops are prepared fresh in the shop each day. The pizza dough is made fresh in each shop several times each day and the pizzas are formed by hand. The products are prepared on the premises where the customers can see them being made and where possible the ingredients are displayed openly. The combination of the quality control advantages of on-site production in small batches and the use of the finest all natural ingredients produces a very high quality pizza. The sauce is made from a special recipe developed after comprehensive research and the cheese is a custom blend of 100% pure cheeses. The toppings are top quality and generously apportioned.