|
Below is an in-depth analysis and side-by-side comparison of Russo's Coal-Fired Italian Kitchen vs PizzaPizza Turkiye including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $295,000 - $750,000 | $120,000 - $300,000 |
Franchise Fee | $49,500 | $30,000 - $100,000 |
Royalty Fee | 7% | 5% |
Advertising Fee | 2% | 2% |
Year Founded | 1992 | 1995 |
Year Franchised | 1998 | 0 |
Term Of Agreement | 10 years+5 | - |
Term Of Agreement | 10 years+5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/Yes | -/- |
Training & Support |
||
Training | 8 Week GM & Key Supervisor Training and Certification | - |
Support | - | - |
Marketing | - | - |
Operations | On site pre and post opening training and operational support with quarterly QA Visits. | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | Yes |
Our Goal is satisfying everybody. PizzaPizza opened the first restaurant in Alsancak Izmir, Turkey, in 1995. Specially creating pizza varieties, richness of the menu and soon won the loyality of local patrons. Nowadays PizzaPizza becomes the leader 100% Turkish Fast Food Pizza Company by its 200 branches in Turkey. Its target in near future is to sail abroad and to offer our Delicious taste of Pizzas to people of many countries to form an International Brand after its successful 6 branches already opened in different countries. Coming after its unique taste, the success key of PizzaPizza is the trio: "SQH" "Service, Quality and Hygiene" The Opportunities we offer consist of: � Giving the right to use the brand and commercial name of PIZZAPIZZA in the country. � Gives the exclusivity to the master franchisee in your country. � Training to employees and responsible. � Design and engineering during construction. � Advertising and promotions documentaries. � External order service system (software, computing). � Orientation, Assistance and Support. � AND OTHERS� Number of branches: 4 Branches if Master Franchisee, 1 Branch if franchisee.