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Below is an in-depth analysis and side-by-side comparison of Buscemi's Pizza vs Greco Pizza Donair including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $36,000 - $55,000 | $184,500 - $233,500 |
Franchise Fee | $10,000 | $20,000 |
Royalty Fee | $700/ month | - |
Advertising Fee | - | - |
Year Founded | 1955 | 1977 |
Year Franchised | 0 | 1977 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 | - | Greco's simplified menu and service concept make it easy for the new franchisee without previous restaurant experience to learn the Greco system in a short period of time. The current training program thoroughly prepares a new franchisee to operate a Greco restaurant after a four-week correspondence course. 21 days of advance training in an established Greco restaurant and on-site assistance after you open your own Greco restaurant. |
Support | - | - |
Marketing | - | - |
Operations | - | Our comprehensive operational system is fully documented in our Operations Manual. The manual features our exclusive Greco control system in areas including product preparation, service, personnel, cost control, security and maintenance. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
Pizza has one of the highest levels of consumer acceptance in the food service industry. It is healthy with ingredients from each of the four food groups. As a finger food it requires no plates, knives or forks. It is a group meal as people enjoy eating from the same pizzaGreco Pizza is proud of its pan pizza. Years of research and development have resulted in a product that is second to none. Our pizzas are made with fresh dough daily using only the finest ingredients and Greco’s exclusive delicious pizza sauce.
Greco Donairs - because of its unique taste and texture, donairs have emerged as a major fast food item in Atlantic Canada and we are pleased to be the acknowledged leader with this exciting product. Only we have the "original Greco donair.” Our donair meat is manufactured to our specifications in our very own federally inspected meat plant, using secret recipes.
The unique OvenSub is quickly becoming a shining star on the Greco menu. Its unique positioning in the popular sub segment makes it a perfect sales builder for Greco restaurants.
Garlic fingers, with our exclusive donair dipping sauce are a strong menu item that has a loyal following in every Greco market.