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Below is an in-depth analysis and side-by-side comparison of Russo's New York Pizzeria vs Stevi B's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $400,000 - $1,500,000 | $434,000 - $758,000 |
Franchise Fee | $49,500 | $28,500 |
Royalty Fee | 7% | 5% |
Advertising Fee | 2% | 1.5%Nat'l+3%local |
Year Founded | 1978 | 1966 |
Year Franchised | 1998 | 0 |
Term Of Agreement | 10 years +5 | - |
Term Of Agreement | 10 years +5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Corporate Store, Houston, TX . 8 Week GM & Key Supervisor Training and Certification. |
Our current training program consists of hands-on experience in operating a Stevi B's restaurant in Atlanta, Georgia. This covers all facets of operating the Stevi B's business. A Stevi B's representative will then assist you at the opening of your first restaurant. |
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 |
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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.
Stevi B's is one of the fastest growing brands in the profitable casual buffet category. Our brand has a proven operating system with incredible franchise success stories and future franchisees excited about expanding to multiple locations.Stevi B's is continuously working to improve your business and our business in order to adapt to an ever changing world and fast-casual segment. We seek to take advantage of new technology, refine existing systems, and react to new market opportunities as they arise. Stevi B's is an organization with dedicated professionals seeking to make your business a success. We encourage you to visit us for a personal interview. You'll meet with some of our management team, understand our operating system and experience the "Ultimate Pizza Buffet" yourself. At Stevi B's, we stand by our franchisees every step of the way, from site selection, equipment purchases, team training assistance, and marketing guidance. Our management team provides superior start-up and ongoing support to ensure brand consistency and integrity to every member of the Stevi B's family. Individual and multi-unit franchise opportunities are available. A multi-unit franchisee must sign a Development Agreement for at least five locations. For all franchise inquires, please email Melissa McFarlin, Director of Franchise Sales, at [email protected], or call 770-514-7783.