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Below is an in-depth analysis and side-by-side comparison of Russo's New York Pizzeria vs SPIN! 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 | N/A |
Franchise Fee | $49,500 | N/A |
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 |
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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. | - |
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 | 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.
SPIN! is known for its hand-spun, stone-fired authentic Neapolitan pizza and wide variety of fresh salads tossed with dressings created in-house daily. In addition to a diverse selection of traditional thin-and-bubbly crust, rustic whole wheat, and gluten-free pizzas, SPIN! offers other Michael Smith created appetizers, soups, salads, signature Panini and Italian deli sandwiches. SPIN!'s signature gelato program, which regularly rotates about 30 flavors, features gelato made from scratch in small batches for SPIN! using natural ingredients. All of SPIN's toppings and ingredients are made from fresh produce and prepared daily � including made-from-scratch soups and salad dressings. SPIN! takes the unique step of roasting all toppings and ingredients in its stone hearth ovens each day, including mushrooms, caramelized onions, artichokes, and even capers, pecans, pineapple, pine nuts, and pancetta. SPIN!'s pizza dough is made fresh every day using several types of flour, including one specially imported from Italy. SPIN! offers both traditional Pizza Rossa (red pizzas with crushed tomato sauce) and Pizza Bianca (white pizzas with roasted garlic olive oil glaze), and many hand-grated cheeses. Its gluten free crust is renowned for its flavor and texture and, along with SPIN!s many popular salads, has brought SPIN! recognition for having the best gluten free menu in Kansas City. SPIN! serves a variety of affordable premium wines priced well below traditional restaurant prices. SPIN! also makes homemade white, red and blood orange sangrias and offers a selection of craft beers. In addition to its wines and artisan menu, SPIN! is known for its pioneering hybrid service model, which combines traditional fast casual ordering in the restaurant's lobby with a robust full service experience at the table. The "premium fast casual" system is especially appealing to diners who want to control the speed of their meal without sacrificing service. This is the second national concept created by SPIN! partners Gail and Richard Lozoff, Edwin Brownell, and Michael Kramer, who are experienced in large multi-unit expansion, franchising, and operations. For information, please visit www.spinpizza.com