|
Below is an in-depth analysis and side-by-side comparison of Chicago's Pizza vs SPIN! Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $87,300 - $173,100 | N/A |
Franchise Fee | $12,000 | N/A |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1979 | - |
Year Franchised | 1981 | - |
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 | - | - |
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 | Yes |
Canada Expansion | No | - |
International Expansion | 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.
SPIN! is known for its hand-spun, stone-fired authentic Neapolitan pizza and wide variety of fresh salads tossed with dressings created in-house daily. In addition to a diverse selection of traditional thin-and-bubbly crust, rustic whole wheat, and gluten-free pizzas, SPIN! offers other Michael Smith created appetizers, soups, salads, signature Panini and Italian deli sandwiches. SPIN!'s signature gelato program, which regularly rotates about 30 flavors, features gelato made from scratch in small batches for SPIN! using natural ingredients. All of SPIN's toppings and ingredients are made from fresh produce and prepared daily � including made-from-scratch soups and salad dressings. SPIN! takes the unique step of roasting all toppings and ingredients in its stone hearth ovens each day, including mushrooms, caramelized onions, artichokes, and even capers, pecans, pineapple, pine nuts, and pancetta. SPIN!'s pizza dough is made fresh every day using several types of flour, including one specially imported from Italy. SPIN! offers both traditional Pizza Rossa (red pizzas with crushed tomato sauce) and Pizza Bianca (white pizzas with roasted garlic olive oil glaze), and many hand-grated cheeses. Its gluten free crust is renowned for its flavor and texture and, along with SPIN!s many popular salads, has brought SPIN! recognition for having the best gluten free menu in Kansas City. SPIN! serves a variety of affordable premium wines priced well below traditional restaurant prices. SPIN! also makes homemade white, red and blood orange sangrias and offers a selection of craft beers. In addition to its wines and artisan menu, SPIN! is known for its pioneering hybrid service model, which combines traditional fast casual ordering in the restaurant's lobby with a robust full service experience at the table. The "premium fast casual" system is especially appealing to diners who want to control the speed of their meal without sacrificing service. This is the second national concept created by SPIN! partners Gail and Richard Lozoff, Edwin Brownell, and Michael Kramer, who are experienced in large multi-unit expansion, franchising, and operations. For information, please visit www.spinpizza.com