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Below is an in-depth analysis and side-by-side comparison of Famous Famiglia vs Teresa'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 | $100,750 - $530,800 | $132,000 - $214,500 |
Franchise Fee | $35,000 | $20,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 1% |
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.
Americans eat roughly 350 slices of pizza per second. Get your slice of the $30 billion per year pizza industry with Teresa's Pizza. As a Teresa's Pizza franchise owner, you will be part of the family. Your Teresa's Pizza will have the look and feel of a local, neighborhood eatery, while you have the support of our established restaurant business. We bake our pizzas the old fashioned way: in traditional carousel ovens. Italian recipes passed down from previous generations Huge menu with something for everyone Our experienced corporate team has extensive credentials in food service and other businesses. We'll be there to support you every step along the way. Site selection Lease negotiation Comprehensive training Marketing support Information and support systems Comprehensive two week home office and three week onsite training Full menu of pizza, pasta, wings, salads, sandwiches, subs, and more. If you have strong community values, pay attention to details, enjoy providing a great customer experience, and love pizza, then please visit our website at: http://www.teresaspizza.net/franchise.html