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Below is an in-depth analysis and side-by-side comparison of Fox's Pizza Den vs Greco Pizza Donair including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $101,800 - $236,250 | $184,500 - $233,500 |
Franchise Fee | $15,000 | $20,000 |
Royalty Fee | $400/mo. | - |
Advertising Fee | - | - |
Year Founded | 1971 | 1977 |
Year Franchised | 1974 | 1977 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/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 | On-The-Job Training: 140 hours | Greco's simplified menu and service concept make it easy for the new franchisee without previous restaurant experience to learn the Greco system in a short period of time. The current training program thoroughly prepares a new franchisee to operate a Greco restaurant after a four-week correspondence course. 21 days of advance training in an established Greco restaurant and on-site assistance after you open your own Greco restaurant. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Loyalty program/app | - |
Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership allowed. (100% of current franchisees are owner/operators)
| Our comprehensive operational system is fully documented in our Operations Manual. The manual features our exclusive Greco control system in areas including product preparation, service, personnel, cost control, security and maintenance. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Jim Fox started working with pizza when he was 12, hanging around a local pizza shop filling soda machines and folding pizza boxes. In 1971, at age 24, he started Fox's Pizza Den in Pitcairn, Pennsylvania. With $500, a rented storeroom and a few pieces of used equipment (rescued from a snow-covered Pittsburgh scrap yard), he began to build his empire. In 1973, Fox's Pizza Den started offering home delivery. Since 1974, the company has grown to over 150 franchises. Fox's Pizza is a family-owned and -operated company that offers toppings such as pepperoni, sweet peppers, hot banana peppers, beef, bacon, anchovies, black olives, pineapple and more. Fox's also offers stromboli, gourmet pizzas, hoagies and wedgies (a sandwich served on pizza crust). Jim Fox assisted with Carnegie Mellon University's robotic team in developing the country's first pizza-making robot to help the physically disabled own and operate their own shops.
Pizza has one of the highest levels of consumer acceptance in the food service industry. It is healthy with ingredients from each of the four food groups. As a finger food it requires no plates, knives or forks. It is a group meal as people enjoy eating from the same pizzaGreco Pizza is proud of its pan pizza. Years of research and development have resulted in a product that is second to none. Our pizzas are made with fresh dough daily using only the finest ingredients and Greco’s exclusive delicious pizza sauce.
Greco Donairs - because of its unique taste and texture, donairs have emerged as a major fast food item in Atlantic Canada and we are pleased to be the acknowledged leader with this exciting product. Only we have the "original Greco donair.” Our donair meat is manufactured to our specifications in our very own federally inspected meat plant, using secret recipes.
The unique OvenSub is quickly becoming a shining star on the Greco menu. Its unique positioning in the popular sub segment makes it a perfect sales builder for Greco restaurants.
Garlic fingers, with our exclusive donair dipping sauce are a strong menu item that has a loyal following in every Greco market.