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Below is an in-depth analysis and side-by-side comparison of Russo's New York Pizzeria vs Squisito Pizza 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 | $269,000 - $596,900 |
Franchise Fee | $49,500 | $35,000 |
Royalty Fee | 7% | 5% |
Advertising Fee | 2% | 1% -2% |
Year Founded | 1978 | 1998 |
Year Franchised | 1998 | 2008 |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | Corporate Store, Houston, TX . 8 Week GM & Key Supervisor Training and Certification. | Our initial training program consists of approximately four weeks of classroom and on-site training at one of our affiliate restaurants in Maryland. We request that you and two of your mangers attend training. In addition, we will provide you with one of our trained team members at your site for up to 14 days (to be scheduled around your opening). Your training program is intensive and includes: Recipes and Prep Procedures, Quality and Service Standards, Inventory Procedures, Equipment and Safety, Brand Compliance, Food Safety, and Sanitation and Health Code Compliance. On-The-Job Training: 86 hours Classroom Training: 95 hours |
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 | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | Average Number of Employees: 10 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
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US Expansion | Yes | 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.
Squisito is now offering franchise opportunities throughout the country. Our commitment to quality and family has created a unique franchise opportunity that is both profitable and a joy to own. As with the humble beginnings of the MONTE Restaurant Development Group of Gennaro and Lino DiMeo, Squisito Franchise Enterprises, Inc. began with the partnership of Gennaro and Michele DiMeo in spring of 2008. Michele joined the MONTE Restaurant Development Group to streamline and assist Gennaro with the corporate and Franchise expansion of his fast-casual brand, Squisito NY Style Pizza and Pasta. With this powerful union of conceptual restaurant experience--Gennaro DiMeo, with Michele DiMeo's franchise and executive operations / leadership experience--Squisito Franchise Enterprises began.Squisito has over 15 years of experience in successfully serving up classic, Italian dishes made with the finest, Italian ingredients. The combination of our hand-picked tomatoes from the fields of CA, our authentic family recipes for our sauces, and the brand-quality supremacy of Grande cheese promise the best taste experience to each and every guest in every franchise.
Working with each franchise location as a TEAM, we know we can achieve this goal.
Our franchise provides:
*Limited Competition in Fast-Casual, Italian Space
*Family-Friendly Environment
*Proprietary Sauces and Family Recipes
*Catering and To-Go Offerings
*The Best Italian Food at Family-Friendly Prices
*Extensive Menu
*A Team with Years of Experience in Creating Multiple, Successful Brands