|
Below is an in-depth analysis and side-by-side comparison of Buscemi's Pizza vs LaRosa's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $36,000 - $55,000 | $729,200 - $1,927,000 |
Franchise Fee | $10,000 | $35,000 |
Royalty Fee | $700/ month | 4% |
Advertising Fee | - | 4% |
Year Founded | 1955 | 1954 |
Year Franchised | 0 | 1967 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | We're looking for multi-unit foodservice and retail operators, as well as other investors who have a history of business success. While restaurant experience is preferred, franchise candidates with other professional backgrounds are encouraged to apply, but will be required to employ experienced and qualified restaurant operators as a General Manager in each LaRosa's Pizzeria. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 280-320 hours Classroom Training: 40-80 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | If you have restaurant management experience, you may wish to work day to day in the operation of your LaRosa's pizzeria. If you don't have restaurant management experience or choose not to work day to day in the operation of your LaRosa's pizzeria, an experienced restaurant General Manager must be hired to run day to day operations. |
Expansion Plans |
||
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.
A Successful Brand with Proven Guest Appeal and Consistent Sales Since 1954. That's what makes us LaRosa's!
In the restaurant business, somebody is always trying to franchise "the next big thing." No doubt you've seen dozens of them come and go. Doesn't it make more sense to find a stable and rewarding business concept with a strong track record?
Take a closer look at franchising with LaRosa's. For nearly 60 years, we've offered delicious family-recipe food and great service to Guests in Ohio, Indiana, and Kentucky. Now we're looking to expand outside our Midwestern home with the help of smart Franchise Owners like you.
One of our principal strengths is that we've been in business nearly 60 years, providing great food and service to our Guests. Our first franchised pizzeria opened in 1967. Not many franchises out there can say that.
Five more reasons why franchisees join our family...
*Dependable Growth
*Product Quality
*Dedicated Fans
*Innovation
*Superior Training
Our over 75 outlets serve real Italian flavor from real family recipes. Contact us to get started.
Seeking new franchise units in Indiana, Kentucky, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia