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Below is an in-depth analysis and side-by-side comparison of Monical's 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 | $383,050 - $957,200 | $128,000 - $470,500 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1-2%co-op 3% local |
Year Founded | 1959 | - |
Year Franchised | 1968 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | - | 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 | - | - |
Operations | - | 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 | - | - |
International Expansion | - | - |
In 1959 the Monical family started making pizzas in the little town of Tolono, Illinois. Before long, their recipe became a hit with many of their local friends and neighbors. Thus was born Monical’s Pizza, a name that over the years has become synonymous locally with the very finest thin crust pizza.
Today there are over 60 Monical’s Pizza restaurants, primarily located throughout Central Illinois with several in Indiana, one in Missouri, and one in Wisconsin. Monical’s great pizza has evolved into a dining tradition for countless families and into a financially-solid steadily-growing foodservice institution. In an intensely competitive business environment, Monical’s Pizza has managed not only to keep up, but outpace many of its larger competitors. There are two reasons for this record of performance: People and Vision.
The Monical’s mission is simply stated as The Family Pleaser®…People Pleasing People®
The Monical’s vision is "In a world that pulls people apart… we bring people together”
Over the years, Monical’s Pizza has grown from a local pool hall pizzeria into a sophisticated, competitive multi-million dollar company. Monical’s has matured and flourished into a productive and efficient organization committed to providing value to guests and purpose to all of our team members. If you’re seeking a restaurant franchise that is backed by a solid reputation and strong traditions, you’ll find your ideal in Monical’s Pizza.