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Below is an in-depth analysis and side-by-side comparison of Famous Famiglia vs Mama Mimi's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,750 - $530,800 | $97,600 - $159,800 |
Franchise Fee | $35,000 | $20,000 |
Royalty Fee | 6% | 4.5% - 5% |
Advertising Fee | - | - |
Year Founded | 1986 | - |
Year Franchised | 2002 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience |
*You have a passion for the pizza/restaurant industry
*You have a natural desire to serve people
*You have the ability to motivate a team of individuals
*You pay attention to detail and follow through on tasks
*You are a natural team player
*You are a good listener and understand the value of following a proven system
*You share in a similar work ethic and promote a healthy work environment
*You have a business plan for your Famous Famiglia business
*You have the financial wherewithal to establish your business We welcome entrepreneurial individuals and groups that are interested in considering multi-unit development programs. We also offer territorial exclusivity to qualifying prospects. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Franchising is a very popular business model in the United States and in many countries throughout the world. It is proven that investing in a franchise reduces exposure to risk by following a proven system. While there are no guarantees in business, our franchise program has been carefully developed and executed over the years.
Since our brand is very important to us, we decided long ago to develop a franchise system that will hopefully do two things: preserve the respected reputation of the Famous Famiglia brand and provide a business opportunity to entrepreneurs.
Famous Famiglia is currently seeking qualified franchisees in a variety of markets. While our preference is to attract experienced food & beverage operators, experience in the industry is not a requirement. We encourage motivated individuals that have a long-term vision for entrepreneurship and own their own business to consider our program.
We feel there are certain traits about an individual, or a group, that might make them an ideal Famous Famiglia franchisee candidate. These are some of the traits we are looking for:
We welcome entrepreneurial individuals and groups that are interested in considering multi-unit development programs. We also offer territorial exclusivity to qualifying prospects.
Award Winning Pizza: The Mama Mimi's Take 'N Bake Pizza restaurant offers legitimate National and International Awards for "Best Pizza", as voted by expert chefs and judges in prestigious competitions. No biased polls, no dubious claims, and no asterisks qualifying the results: Just recognizably GREAT pizza! Targeted Development Markets and Areas: We are currently limiting our opportunities to develop Mama Mimi's Take 'N Bake Pizza restaurant to the Midwest. We prefer to develop in Ohio, Michigan, Illinois, Indiana, Kentucky, West Virginia, and Pennsylvania. We will consider other areas, depending on the strength and organization of the prospective franchisee. Single Unit Franchises: We offer single unit franchises to qualified Applicants interested in developing in the above described markets. An Applicant interested in developing a single Franchised Restaurant must demonstrate a $200,000 net worth, with a minimum of liquid capital in the amount of $40,000. Multiple Unit Franchises: We will offer the exclusive right to develop Mama Mimi's Take 'N Bake Pizza restaurant in a mutually agreed upon Territory, with an agreed upon development schedule. The Initial Franchise Fee is $20,000 for the first Franchised Restaurant developed, and each Franchise Fee thereafter is $15,000. We require a Development Deposit of $2,000 for each Franchised Restaurant you commit to develop in your Territory after the first unit.