|
Below is an in-depth analysis and side-by-side comparison of Simple Simon's Pizza vs Buscemi's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $89,500 - $593,500 | $36,000 - $55,000 |
Franchise Fee | $15,000 | $10,000 |
Royalty Fee | 3% | $700/ month |
Advertising Fee | 1% | - |
Year Founded | 1982 | 1955 |
Year Franchised | 1986 | 0 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | *Ability to manage and motivate people. Food service experience is helpful, but not required. *Ability to locate and acquire rights to sites that meet the Company�s criteria. *Ability to properly finance and capitalize the investment. *Commitment to market the product in order to maximize sales and profits. | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | Yes/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, National media | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Simple Simon's Pizza was founded in 1982 based on a simple philosophy to serve the best quality pizza, calizone, and sandwiches at the most affordable price in a family atmosphere that people can enjoy. Today, Simple Simon's Pizza has approximately 220 locations across Oklahoma, Alabama, Arkansas, Kansas, Louisiana, Iowa, Missouri, Texas, New Mexico, and Georgia in metropolitan and small town communities. The pizza industry has grown to an impressive 25 billion dollar a year industry. The pizza, industry is growing internationally as well. New unit development, operations management, and continuing support are just some of the reasons why Simple Simon's Pizza is one of the best kept secrets in the food industry. Now that the secret has been exposed, we await your entrepreneurial skills to operate a Simple Simon's Pizza
Buscemi’s present competition comes from single unit operators of party stores. Consequently, as the only party store chain of any real size in Michigan, Buscemi’s has for years enjoyed a good measure of leadership in the Southeastern Michigan marketplace.
Management believes the superior food products and services offered in the Buscemi’s Party Shoppes, if coupled with greater marketing and advertising, could place the Company in a truly dominant position in Michigan. If rapid growth can be attained in the Michigan market area, Buscemi’s may eventually consider expansion into the national market for party and convenience stores.
Growth in Michigan will be through the conversion of existing party and liquor stores in southeastern Michigan, which hold state liquor, beer and wine licenses, and lottery licenses. New licenses are becoming increasingly difficult to obtain, so the purchase of an existing license is a much surer method. These stores will then be converted by remodeling with a new Buscemi’s decor package, signage and menu. The Submarine sandwiches. Such stores can be converted to the Buscemi’s concept and reopened in as little as 60-90 days.
The initial focus for selling new franchises will be accomplished through store conversions and offering reduced franchise fees and royalty payments to persons who convert their stores to Buscemi’s Party Shoppes.