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Below is an in-depth analysis and side-by-side comparison of Stevi B's vs Romeo's 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 | $434,000 - $758,000 | $128,000 - $470,500 |
Franchise Fee | $28,500 | $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 1.5%Nat'l+3%local | 1-2%co-op 3% local |
Year Founded | 1966 | - |
Year Franchised | 0 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met: Single Unit $100,000 in cash or cash equivalents $250,000 in net worth Multi-Unit Development $200,000 in cash or cash equivalents $800,000 net worth Relevant food service operations experience is required by either the potential franchisee or the franchisee's Operating Partner. This is the single most important factor for success. We also require the Operating Partner to have ownership interest in the organization if the franchisee does not have operations experience. |
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 |
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. | The training program is 4-6 weeks. This program will provide the skills and knowledge to become a Romeo's franchisee. Training will occur at one of Romeo's Pizza Training Restaurants and the Home Office in Medina, Ohio. The Romeo's training includes education on the following: Station Training Management Skills Problem Solving People Development Financial Analysis Local Store Marketing Relentless Pursuit of Pizza Perfection |
Support | - | The Romeo's Executive Team will work to design a program tailored to the specific needs of the potential franchise partner. The potential franchisee and their team will be ready for revenue at the end of the training program. Throughout the process, Romeo's will work with the potential franchisee to complete a business plan. The potential franchisee's team will work with Romeo's franchise development, operations and marketing professionals which will help and assist them in developing, marketing and operating a Romeo's Pizza franchise. |
Marketing | - | - |
Operations | - | The franchisee or a designated Operating Partner will be required to actively manage the day-to-day operations of the business. As such, the franchisee or the designated Operating Partner must live in the area to be developed and possess prior restaurant/retail supervisory experience commensuration with the number of restaurants that are planned for development. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.