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Below is an in-depth analysis and side-by-side comparison of Pizza Inn vs Buscemi'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 | $415,000 - $793,000 | $36,000 - $55,000 |
Franchise Fee | $5,000 - $25,000 | $10,000 |
Royalty Fee | 4-5% | $700/ month |
Advertising Fee | - | - |
Year Founded | 1960 | 1955 |
Year Franchised | 1963 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | depends on contract | - |
Business Experience Requirements |
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Experience | - | - |
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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
Buscemi’s present competition comes from single unit operators of party stores. Consequently, as the only party store chain of any real size in Michigan, Buscemi’s has for years enjoyed a good measure of leadership in the Southeastern Michigan marketplace.
Management believes the superior food products and services offered in the Buscemi’s Party Shoppes, if coupled with greater marketing and advertising, could place the Company in a truly dominant position in Michigan. If rapid growth can be attained in the Michigan market area, Buscemi’s may eventually consider expansion into the national market for party and convenience stores.
Growth in Michigan will be through the conversion of existing party and liquor stores in southeastern Michigan, which hold state liquor, beer and wine licenses, and lottery licenses. New licenses are becoming increasingly difficult to obtain, so the purchase of an existing license is a much surer method. These stores will then be converted by remodeling with a new Buscemi’s decor package, signage and menu. The Submarine sandwiches. Such stores can be converted to the Buscemi’s concept and reopened in as little as 60-90 days.
The initial focus for selling new franchises will be accomplished through store conversions and offering reduced franchise fees and royalty payments to persons who convert their stores to Buscemi’s Party Shoppes.