|
Below is an in-depth analysis and side-by-side comparison of Russo's New York Pizzeria vs Tony Roni's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $400,000 - $1,500,000 | $323,000 - $390,000 |
Franchise Fee | $49,500 | $25,000 |
Royalty Fee | 7% | - |
Advertising Fee | 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. | Passion, commitment and a positive attitude, coupled with personal financial qualifications, and a track record of success are important factors in our evaluation process. Restaurant experience is helpful; however, it is not a requirement. |
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. | All new franchisees participate in a 6 week comprehensive training program at our corporate training center and franchise training store located in Philadelphia, PA. You will receive both classroom instruction and hands-on in store training in all key areas of the business. |
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 | - |
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.
Have you ever dreamed of owning your own business, setting goals and building a foundation for your future? By joining the Tony Roni's family you can begin to make those dreams a reality. The franchise business model has evolved as a proven system to provide passionate, goal oriented individuals the opportunity to realize their dreams of owning their own business. One of the best things about franchise ownership is that much of the legwork for starting a business is already complete. You may be asking yourself why Tony Roni's? There are many reasons! First, Tony Roni's provides franchisees with a slice of the 30 billion dollar pizza market. According to a national survey 93% of Americans choose to enjoy pizza at least once every month. As a Tony Roni's Franchisee you will have access to all of our unique family recipes, operational systems, and comprehensive six week training program. In addition you will be provided with our turn-key marketing plan and ongoing support from our team of experienced managers and staff. When you succeed, we succeed. The ideal Tony Roni's franchisee is a hands-on owner operator who pays attention to detail, has a keen business sense, and the ability to motivate a team.Established in 1996, the Tony Roni's system has been carefully developed with great attention to "detail" to guide and support our family of franchisees in achieving their dreams. Don't miss this great opportunity to join the brand that delivers!