Old Chicago vs Stevi B's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Old Chicago vs Stevi B's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Old Chicago Franchise
Stevi B's Franchise
Investment $1,331,500 - $2,187,000$434,000 - $758,000
Franchise Fee $40,000$28,500
Royalty Fee 4%5%
Advertising Fee 3%1.5%Nat'l+3%local
Year Founded 19761966
Year Franchised 20000
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Old Chicago Franchise
Stevi B's Franchise
Experience --

Financing Options
 
Old Chicago Franchise
Stevi B's Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Old Chicago Franchise
Stevi B's Franchise
Training The Old Chicago training department will provide Franchisees, their management team, and staff, comprehensive training programs that combine both restaurant and classroom training. All Franchise management teams will receive seven weeks of in-store training at a designated Old Chicago training restaurant. On-The-Job Training: 350 hours

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 A set of comprehensive manuals are provided to an Old Chicago Franchisee upon the signing of the Operating Agreement. These manuals are designed for easy reference and serve as an authoritative source of information about Old Chicago standard operating policies and procedures. These manuals are frequently updated to reflect Old Chicago's response to the changing needs of today's guests. Purchasing Co-ops Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software -
Marketing Old Chicago restaurants rely primarily on a Local Restaurant Marketing (LRM) program that allows each store to choose the marketing programs and promotions that match the needs of the individual store's market. Advertising and promotional materials are available at a reasonable cost to Franchisees that support a LRM program. As such we employ our own graphics designer to assist Franchise Partners with their LRM design needs. We also employ a marketing professional to consult with our Franchise Partners. Co-op Advertising Ad Templates National Media Regional Advertising Email marketing Loyalty program/app -
Operations --

Expansion Plans
 
Old Chicago Franchise
Stevi B's Franchise
US Expansion Yes-
Canada Expansion --
International Expansion --

Company Overviews

About Old Chicago

Opportunity Awaits
After 33 years of company growth, we are now offering a unique opportunity for a select number of entrepreneurs to take our proven brand into new markets.
Old Chicago is a leader in the casual dining pizza segment. We currently have territories available in many highly desirable markets, which presents an exceptional chance to establish our winning concept in choice locations.
WHY CHOOSE OLD CHICAGO?
Adaptable Site Requirements
Old Chicago's brand identity does not rely on a typical "box" to succeed. Our adaptive development strategy and flexible design allow stores to be constructed in many different types of sites, including prototype buildings, conversions/retro-fits, strip center end-cap locations, and non-traditional sites.
Sales Mix Advantage
With approximately 40% of historical system sales from our bar and drink business, Old Chicago's sales mix provides operators with a real opportunity to differentiate themselves from other casual dining concepts. Our high mix of bar sales is one of the main reasons why our stores experience exceptionally low Cost of Goods Sold (COGS). Our 60 company stores finished the year in 2008 with an average COGS of 25.6%.
Brand Strength & Versatility
Our brand has three decades of proven success and a loyal customer base in our existing markets. Old Chicago is a timeless concept that has that rare ability to appeal to a variety of consumers. Many casual dining concepts seem to copy each other in their menus and restaurant "feel". The Old Chicago concept is uniquely different.
Our bars have the rich, dark feel of a "freshly scrubbed joint". Our dining room areas with our new pizza bars really appeal to families and couples.
Broad Customer Appeal
Our bar area, along with our unique guest loyalty program -"The World Beer Tour" appeal to a younger, single customers. They create the high energy levels that have made our bars famous. With thirty beer varieties on tap, and another eighty varieties in bottles, we have created an exciting taste journey for our World Beer Tour members. No matter your age or occupation, there is a tremendous sense of accomplishment when your name goes on a plaque in your home store because you have completed the World Beer Tour.

The total investment necessary to begin operation of an Old Chicago Restaurant franchised business is between $1,331,500 and $1,957,000. This includes $98,250 and $135,250 that must be paid to the franchisor or its affiliates.
The total investment necessary for an Area Development Franchise includes the investment necessary to begin operations of one Restaurant, plus a development fee of $50,000, plus an initial franchise fee deposit of $20,000 multiplied by the number of Restaurants (excluding the first Restaurant) which you must open.

The estimated total investment necessary to begin operation of an Old Chicago
Area Development Franchise is between $1,401,500 (for two Restaurants) and $2,187,000 (for ten Restaurants). This includes between $168,250 and $365,250 that must be paid to the franchisor or its affiliates.

#299 in Franchise 500 for 2020.



About Stevi B's

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.