Boston Pizza Canada vs Benny's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Boston Pizza Canada vs Benny's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,145,000 - $3,017,000 | $169,800 - $543,500 |
Franchise Fee |
$50,000 | $30,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
3% | 2% |
Year Founded |
1963 | 2011 |
Year Franchised |
1968 | 2019 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
20% of current fee | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
10-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 70
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Boston Pizza Canada
Boston - The Gourmet Pizza has a long and eventful history ...that dates all the way back to 1964.
It started with Gus Agiortis, a Greek immigrant who had jumped ship in Vancouver, and then opened the first Boston Pizza in Edmonton, Alberta in 1964. He worked tirelessly to make pizza a household name in Western Canada. Gus' first restaurant was known as "Boston Pizza and Spaghetti House."
The company started franchising in 1968 and has since evolved from a "pizza joint" into a full service casual dining restaurant and sports bar. Six years after opening, Gus had 17 locations (two corporate and 15 franchised) in operation across Western Canada. Gus believed that a potential franchisee didn't need a restaurant background, but needed strong people skills, a passion for hard work and new horizons. This philosophy still stands true today.
#20 in Canada's Top franchises.
About Benny's
Benny’s is quickly expanding and looking for people with the drive to achieve their own success story.
Franchising a Benny’s is an amazing opportunity to become tight
within your community, be part of an exciting and respected business,
and secure an impressive ROI.
The total investment necessary to begin operation of a franchised
Benny’s restaurant is $169,800 to $533,500. This includes $30,000 that
you must pay to the franchisor or their affiliate.
The franchisor primarily offers multi-unit franchises under which you
agree to open and operate a specified number of Benny’s restaurants over
an agreed period of time within a defined geographic area. If you sign a
multi-unit agreement (covering three or more units), your total initial
investment will be $179,800 to $543,500 plus $5,000 for each additional
agreed unit after the third unit. This includes $40,000 plus $5,000 for
each unit in your development schedule after the third unit that you must pay to the franchisor or their affiliate.