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Below is an in-depth analysis and side-by-side comparison of LaRosa'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 | $729,200 - $1,927,000 | $128,000 - $470,500 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | 4% | 1-2%co-op 3% local |
Year Founded | 1954 | - |
Year Franchised | 1967 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | We're looking for multi-unit foodservice and retail operators, as well as other investors who have a history of business success. While restaurant experience is preferred, franchise candidates with other professional backgrounds are encouraged to apply, but will be required to employ experienced and qualified restaurant operators as a General Manager in each LaRosa's Pizzeria. | 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 | On-The-Job Training: 280-320 hours Classroom Training: 40-80 hours | 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 | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | If you have restaurant management experience, you may wish to work day to day in the operation of your LaRosa's pizzeria. If you don't have restaurant management experience or choose not to work day to day in the operation of your LaRosa's pizzeria, an experienced restaurant General Manager must be hired to run day to day 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 | - | - |
A Successful Brand with Proven Guest Appeal and Consistent Sales Since 1954. That's what makes us LaRosa's!
In the restaurant business, somebody is always trying to franchise "the next big thing." No doubt you've seen dozens of them come and go. Doesn't it make more sense to find a stable and rewarding business concept with a strong track record?
Take a closer look at franchising with LaRosa's. For nearly 60 years, we've offered delicious family-recipe food and great service to Guests in Ohio, Indiana, and Kentucky. Now we're looking to expand outside our Midwestern home with the help of smart Franchise Owners like you.
One of our principal strengths is that we've been in business nearly 60 years, providing great food and service to our Guests. Our first franchised pizzeria opened in 1967. Not many franchises out there can say that.
Five more reasons why franchisees join our family...
*Dependable Growth
*Product Quality
*Dedicated Fans
*Innovation
*Superior Training
Our over 75 outlets serve real Italian flavor from real family recipes. Contact us to get started.
Seeking new franchise units in Indiana, Kentucky, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia