Old Chicago vs PizzaRev Franchise Comparison

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

Start-Up Costs and Fees

 
Old Chicago Franchise
PizzaRev Franchise
Investment $1,331,500 - $2,187,000$493,500 - $1,150,000
Franchise Fee $40,000$30,000
Royalty Fee 4%5%
Advertising Fee 3%1-3%
Year Founded 19762011
Year Franchised 20002013
Term Of Agreement -10 years +5+5
Term Of Agreement -10 years +5+5
Renewal Fee --


Business Experience Requirements

 
Old Chicago Franchise
PizzaRev Franchise
Experience -

PizzaRev's brand success and reputation is directly tied to those of its franchisees. They are talented business people who are committed to the success of their locations and well-being of their employees, customers, and community. PizzaRev franchisees are experienced restaurant operators with high operational standards, a commitment to training and development, and are good stewards of the brand. Most of all, they are passionate about food, the restaurant industry, and the PizzaRev brand.


Financing Options

 
Old Chicago Franchise
PizzaRev Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Old Chicago Franchise
PizzaRev 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

All new PizzaRev franchisees receive the support and training required to open their restaurants quickly and efficiently, including: *Site selection criteria *General restaurant designs and layouts *Review and analysis of layout, blueprint, design, and construction document *Complete equipment lists and specifications *Pre-approved suppliers *Guidance in securing a liquor license *Grand opening promotions assistance and on-site opening assistance *Operational and management tools *Comprehensive pre-opening assistance and restaurant opening training package Our start-up and ongoing training programs will instruct you and your staff in many aspects of running a PizzaRev franchise, including: *Preparation of all PizzaRev menu items *Quality and food portion control *Effective food service operations *Beverage and inventory management *Hiring and personnel management *Marketing, promotions, and public relations *Management tools, systems, and routines *Pizza Certified Trainer program *Cleanliness, organization, and sanitation standards *Execution of opening and closing management functions

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

Once your PizzaRev restaurant is open, you'll have the continuing guidance, consultation and support of our PizzaRev Franchise Consultant staff. Help or advice is only a phone call away. Ongoing support services include: *Confidential sample operations manual documenting PizzaRev operational procedures *Ongoing marketing-manual guidance *Ongoing operational, marketing, and cost-control consultation as needed *National purchasing programs *Scheduled visits from our Franchise Consultant *Available in-service training and/or retraining of your restaurant staff

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 Co-op Advertising
Operations --

Expansion Plans

 
Old Chicago Franchise
PizzaRev Franchise
US Expansion YesYes
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 PizzaRev

PizzaRev embraces a new concept in fast - casual dining, empowering customers to craft their own fresh, high-quality personalized pizza quickly. PizzaRev's Roman-style pizza features a "Flour to Fire" dough process with dough made and proofed daily on site, fresh pressed in front of the customer and then lightly basted with any of a variety of sauces, including the customer favorite organic traditional Neapolitan sauce. PizzaRev's pizzas are fired in a state-of-the-art open flame stone bed oven, which provides an authentic, exceptional quality finished product, and strong visual dynamic in the store. PizzaRev satisfies a highly craveable void in the fast-casual market. PizzaRev's franchise format appeals to experienced restauranteurs and entrepreneurs with the drive and passion to own their own business. PizzaRev maintains an obsession with superior service and focuses on fresh, cooked-to- order artisanal pizza through a simple operating platform that sets them apart from traditional pizza providers. *Highest growth category in the Fast Casual segment *Efficient labor model *Moderate build costs *Extremely successful 2012 launch has resulted in high PizzaRev brand visibility *Unparalleled support from partners PizzaRev's franchise fee is $30,000 and we offer a discounted franchise fee of $25,000 for subsequent stores in a multi-unit development agreement.

The total investment necessary to begin operation of a franchised PizzaRev Restaurant is $493,500 to $1,150,000. This includes an Initial Fee of $35,000 that must be paid to PizzaRev Franchising, LLC. If you sign an Area Development Agreement, you must also pay PizzaRev Franchising, LLC a Development Fee equal to $10,000 multiplied by the number of PizzaRev Restaurants that you develop under the Area Development Agreement.