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Below is an in-depth analysis and side-by-side comparison of Fox's Pizza Den 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 | $101,800 - $236,250 | $128,000 - $470,500 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | $400/mo. | 5% |
Advertising Fee | - | 1-2%co-op 3% local |
Year Founded | 1971 | - |
Year Franchised | 1974 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | 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 | 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 | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | 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)
| 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 | - |
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.