| ||||
Updated RecentlyThe Loop Pizza Grill vs Mountain Mike's Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Loop Pizza Grill vs Mountain Mike's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $525,000 - $900,000 | $207,500 - $593,000 |
| Franchise Fee | $30,000 | $15,000 - $30,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 3% |
| Year Founded | 1981 | 1978 |
| Year Franchised | 1990 | 1981 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | On-The-Job Training: 132-134 hours Classroom Training: 53-69 hours |
| Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Number of Employees Required to Run: 15 |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About The Loop Pizza Grill
The Loop Pizza Grill is a neighborhood fast-casual restaurant that
offers the quality and atmosphere of a full-service dining
establishment. As a pioneer of the fast-casual segment for 30 years, The
Loop Pizza Grill was one of the first restaurants to offer a variety of
made-to-order fresh foods in an upscale environment. The Loop serves a
variety of signature pizzas, burgers, salads, sandwiches and hand-dipped
milkshakes. Open for lunch and dinner, the average sales volume per
restaurant is $1.2 million, with guest checks averaging $10. Based in
Jacksonville, Fla., The Loop Pizza Grill was founded by Mike and Terry
Schneider in 1981 as a 60-seat restaurant.
The franchise fee for a single LOOP franchise is $30,000. The fee is payable in two phases: $15,000 at the execution of the agreement, and $15,000 when a lease is signed or training begins.
About Mountain Mike's Pizza
Today, with more than one million pizzas in annual sales, Mountain Mike's is quickly becoming the pizza restaurant of choice among families throughout California. It takes money to make money, there is no question about that. But you'd be surprised how little it actually does take. Becoming a franchise owner of Mountain Mike's is in almost every instance less expensive than other full-service franchises in the country. You need only a net worth of $200,000 with a minimum cash liquidity of $75,000. Experience in the food service industry is also a definite plus. However, if you are entrepreneurial and have a solid business experience with a successful track record, our staff can assist you every step of the way.
Seeking new franchise units in Arizona, California, Colorado, New Mexico, Nevada, Oregon, Texas and Utah
Veteran Incentives 50% off franchise fee
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#142 in Franchise 500 for 2020.
#192 in Franchise 500 for 2021.