|
Below is an in-depth analysis and side-by-side comparison of Chicago's Pizza vs Pizza Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $87,300 - $173,100 | $415,000 - $793,000 |
Franchise Fee | $12,000 | $5,000 - $25,000 |
Royalty Fee | 4% | 4-5% |
Advertising Fee | - | - |
Year Founded | 1979 | 1960 |
Year Franchised | 1981 | 1963 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | depends on contract |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Grand opening, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Robert McDonald enjoyed working in the pizza business. When he was suddenly terminated from his job with an Indiana pizza restaurant, he decided to start his own pizza chain. When Ron Epple, who had worked with McDonald as director of franchise training, heard what his old co-worker was up to, he asked to be part of it.
In 1979, the two founded Chicago's Pizza. At lunchtime, restaurants serve pizzas by the slice or in seven-inch rounds from counters and drive-thru windows. In the evening, customers can use the drive-thru window to pick up phone orders. Most of the locations also have dining rooms where customers can enjoy Chicago's 29-inch pizza.
The company has franchises in Indiana and Ohio. There is also a Chicago's Pizza location in Seville, Spain.
With over 400 restaurants operating in the United States, Pizza Inn serves pizzas, pasta dishes, salads and chicken wings. The franchise offers three store sizes :buffet restaurants, delco and express. Buffet restaurants offer dine-in, carry-out and delivery of their full menu. Delco locations have carry-out and delivery services with limited seating. Express restaurants offer a limited take-out menu in airports, arenas, hospitals and on college campuses. This per unit franchise fee varies by concept type: Buffet = $25,000; Delco = $10,000; Express = $5,000.