|
Below is an in-depth analysis and side-by-side comparison of Russo's New York Pizzeria vs Pizza Hotline 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 | $100,000 - And Up |
Franchise Fee | $49,500 | $30,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | 2% | 6% |
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. | Most importantly, we look for people who see the value in their personal involvement in a franchise. We want owner operators, not part-time managers. We look for an outgoing personality, superb communication skills, an ability to be a team player, a positive attitude geared toward success, a strong work ethic, and a commitment to community. We choose franchisees selectively based on a formalized interview process. We know what it takes to succeed and we ensure that each and every member of the Pizza Hotline team has those qualities. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | Corporate Store, Houston, TX . 8 Week GM & Key Supervisor Training and Certification. | We provide an extensive training program based on years of experience. Potential franchisees train onsite alongside seasoned company veterans and we provide manuals and ongoing training where required. |
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 | Once a franchise is up and running, our team of professionals is always just a phone call away � and available with information, advice and tips on how to make a franchise run as smoothly as possible. |
Marketing | - | - |
Operations | Average Number of Employees: 10 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
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.
Why Pizza Hotline? Speedy take-out/delivery Because when it comes to pizza franchises, we're in the upper crust. If you have the interest, the commitment, and the drive to make a Pizza Hotline or Cafe 22 franchise a success, we will make it happen for you - we've spent over 30 years honing our concept. We've done all the homework, we know the market inside out and now we want to share our insights with you. Companies from virtually all industry sectors regularly use Winnipeg as a test market. Some even say that Winnipeg is the New York of the North - "if you can make it there, you'll make it anywhere". We started in Winnipeg, we're thriving in Winnipeg, and now we're ready to expand our success into new markets. We can talk with you about which franchise option - Pizza Hotline or Cafe 22 - would work best in your desired location. Most suburban neighbourhoods are served best by a Pizza Hotline take-out and delivery location, but in other areas, Cafe 22 is a perfect fit, offering a casual, relaxed environment where people can gather with friends and enjoy the Pizza Hotline menu - and more. If you think you have what it takes to run a successful Pizza Hotline franchise, we'd like to talk to you.