|
Below is an in-depth analysis and side-by-side comparison of Pizzeria Venti vs Russo's New York Pizzeria including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $135,000 - $239,000 | $400,000 - $1,500,000 |
Franchise Fee | $16,500 - $22,500 | $49,500 |
Royalty Fee | 5% | 7% |
Advertising Fee | 1% | 2% |
Year Founded | - | 1978 |
Year Franchised | - | 1998 |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | Corporate Store, Houston, TX . 8 Week GM & Key Supervisor Training and Certification. |
Support | - | Central Data Processing: At Additional Cost
Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | - | Average Number of Employees: 10 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
The Pizzeria Venti Franchise Program offers: * A chance to be in business for yourself but not by yourself assisted by a dedicated team of experienced professionals * Support in the areas of operations, training, management, advertising, marketing and software management systems * Personal satisfaction both as an owner/operator and as a member of the independent business community * Personal growth and business knowledge from Pizzeria Venti training programs * Increased value in your business through name brand association and a proven existing store Brokerage program to help you sell your franchise should you wish to The selection of prospective candidates is based on our assessment of overall business experience, financial stability and personal qualifications. We look for individuals with "common business sense", a demonstrated ability to effectively lead people, and a history of previous success in business and life endeavors. Food service experience is not necessary. We are particular about our Franchisees because they help make the Venti System successful. We are looking for individuals who have: * A strong desire to succeed, work hard, and contribute to a winning team * Business experience in the market where they are seeking a Pizzeria Venti franchise * Demonstrated personal integrity with emphasis on interpersonal skills * A willingness to personally devote full-time efforts to the day to day operations of a Pizzeria Venti franchise * A willingness to participate in a comprehensive training program * A history of success and the ability to work well within a franchising organization
Russo's Restaurants is a national and international franchisor of the fast casual and casual dining brands Russo's New York Pizzeria and Russo's Coal-Fired Italian Kitchen. Based in Houston, Russo's Restaurants are composed of a mix of corporate and franchised locations across Texas, Oklahoma, Arkansas, Tennessee, Florida and Hawaii. Russo's has entered international markets as well, with locations in Dubai, Abu Dhabi and Sharjah in the United Arab Emirates. There are an additional 20-plus units in development both in the United States and internationally. Chef Anthony Russo has created his concepts from years of applying his unique, family recipes featuring New York-style pizza along with a broad variety of handcrafted pasta creations, calzones, salads, sandwiches, soups and desserts, reflecting his commitment to his New York roots where food and family come first.