|
Below is an in-depth analysis and side-by-side comparison of Strings Italian Cafe vs Ciao Mambo including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $325,000 | $635,000 - $1,146,000 |
Franchise Fee | $37,500 | $45,000 |
Royalty Fee | 5% | - |
Advertising Fee | 2% | - |
Year Founded | 1987 | 2001 |
Year Franchised | 1989 | 2006 |
Term Of Agreement | 10 years +5 | - |
Term Of Agreement | 10 years +5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | 1. Gold River, CA 6 Weeks 2. On-Site 3 Weeks | - |
Support | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings | - |
Marketing | - | - |
Operations | Average Number of Employees: 4-6 Full-time, 15 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
Strings Restaurant Group was incorporated in July of 1999 with the mission to offer great Italian food at a very affordable price to our customers. With items ranging from pizzas and pastas to more gourmet items such as Cioppino and Veal Marsala, we are confident that we can provide a fantastic meal for everyone. Our subsidiary, Strings Franchises Inc., is currently accepting applications for some of our strategic locations.
Interest in the Ciao Mambo concept is hot. It is not just a popular restaurant, but a unique business opportunity. That is plain to see. The concept, the culture, the food and the money make it an ideal model for franchising. As a fast growing restaurant company with long term goals, our objective is to grow with partners who are after the same things we are, "financially fun food" opportunities. We offer a quality of life approach to the running restaurants, a unique experience for our patrons and an operational and financial model that really works. Many people are gun shy regarding the food business for whatever reason, I'm not. I love it. If you're interested in talking further about our franchising opportunities, I look forward to speaking with you. Send along an email and let's take it from there. I see no reason why we can't have it all. Quality lives, Quality businesses and Quality partners.