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Below is an in-depth analysis and side-by-side comparison of Nancy's Pizzeria 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 | $320,000 - $360,000 | $128,000 - $470,500 |
Franchise Fee | $20,000 | $25,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1-2%co-op 3% local |
Year Founded | - | - |
Year Franchised | - | - |
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 |
Canada Expansion | - | - |
International Expansion | - | - |
It has often been said that the American success story is based on inventing and introducing a product for which the public has been waiting... Stuffed Pizza, the invention of Nancy and Rocco Palese, is how Nancy's Pizza was born. Nancy and Rocco had lived most of their adult lives in Turin, Italy, making pizzas, before immigrating with their three children to the United States. After 18 months in Chicago, they opened their first pizza parlor, Guy's Pizza, featuring the then popular thin crust pizza. Business had its ups and downs, and friends tried to get the Palese's to experiment with pan pizza. Rather than imitate, in 1971, Rocco decided to look to his mother's recipes and introduce his own pizza, known as "scarciedda," an Easter specialty cake. The Stuffed Pizza was born! Rocco continued experimenting with his new pizza, trying to perfect its marketability. He went into a solo business, then a partnership, then again tried it on his own before the right combination of circumstances brought to him, to Nancy's Pizza and to stuffed pizza, fabulous success. AND TODAY.Nancy's Pizza has dozens of locations in the Chicago area and other states. It's grown into a streamlined operation, developed and refined over time to render consistent, award winning quality. Any way you slice it, Nancy's Pizza offers you an opportunity to bring Italian tradition and a truly authentic taste of Chicago to your local restaurant market!!!