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Below is an in-depth analysis and side-by-side comparison of Simple Simon's Pizza 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 | $89,500 - $593,500 | $128,000 - $470,500 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 3% | 5% |
Advertising Fee | 1% | 1-2%co-op 3% local |
Year Founded | 1982 | - |
Year Franchised | 1986 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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. | 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 | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | Yes/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | 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, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 slicks, National media | - |
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 | 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