|
Below is an in-depth analysis and side-by-side comparison of Greco Pizza Donair vs My Pie Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $184,500 - $233,500 | $184,845 - $546,095 |
Franchise Fee | $20,000 | $35,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1% |
Year Founded | 1977 | 2012 |
Year Franchised | 1977 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | * Passionate about serving the best pizza in the country * Fun, energetic, people-oriented * Wants the opportunity to succeed through hard work * Values transparency, teamwork, family, loyalty * Meets financial requirements *Strong organizational skills and ability to follow proven system * Dedicated to superior customer service * Restaurant experience a plus |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
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. | 8 days in Phoenix and up to 5 days at the franchisee store in which you learn: *Company overview *Store operations *POS system and data reporting *Accounting *Marketing and advertising *Purchasing and inventory control *Equipment use and maintenance *Staffing *Customer service *Operational controls *Position hiring and training *Human resources |
Support | - | Training in: *Company overview *Store operations *POS system and data reporting *Accounting *Marketing and advertising *Purchasing and inventory control *Equipment use and maintenance *Staffing *Customer service *Operational controls *Position hiring and training *Human resources |
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. | Passive Ownership: With qualified manager Average # of Employees 10-15 employees / 4-8 per shift |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.
*Custom selection of crusts, sauces, and toppings *Pizza ingredients based on traditional Italian recipes *2 minute bake time for pizzas *Unique seasonal specialties rotated throughout the year *Additional menu items include salads, appetizers, and deserts *Happy hour all day with half price refills of beer and wine *Organic New York style sauce, endorsed by football great Kurt Warner and available in jars for take-home use *Experienced, successful restaurant team as franchisors *Small-box footprint equates to lower investment dollars and reduced occupancy costs *Operating model empowers management efficiency and unit growth *Open space with family-friendly atmosphere *Attractive markets are available throughout the US Multi-Unit Franchise Fee: 2-4 $30,000/5 plus $25,000
At My Pie we pride ourselves in being your neighborhood pizzeria. Our New York authentic pies are built to order using homemade recipes from our family archives. Our motto is local, fresh, fast! We love to source our produce locally and our pies cook up in a New York minute. Our dough and sauces are made fresh, daily using only the best ingredients. Once you taste a My Pie you’ll be hooked! Our quality and flavor far surpass the competition and we’re sure you’ll feel the same way. My Pie is truly a modern classic. It is a place where each guest has the opportunity to custom build their own dining experience.
Veterans Discount: 20%