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Below is an in-depth analysis and side-by-side comparison of Eatza 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 | $226,500 - $371,500 | $128,000 - $470,500 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 1-2%co-op 3% local |
Year Founded | 1996 | - |
Year Franchised | 1999 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 1/3 of franchise 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. |
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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 | - | 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, 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 | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 80% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25
Absentee ownership of franchise is allowed. (50% 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 | - |
Eatza Pizza isnt about gimmicks. Its about good food and a great selection. At Eatza Pizza, you can choose from at least 18 fresh pizzas every day. Its all you can eat for one low price. All you can eat pizza. Pasta. Salad. And dessert. No gimmicks. Just good food. When the first Eatza Pizza was founded in Phoenix, Arizona in 1997, they had their hearts set on a fun, value-oriented family pizza restaurant where friendly service, reasonable prices and great food were the star attractions. Thats still the foundation of Eatza Pizza today. The company currently has 77 restaurants opened or under development in the states of Alabama, Arizona, California, Florida, Idaho, Michigan, Mississippi, New Mexico, North Carolina, Ohio, Oregon, Utah, and Washington. There are 14 Eatza Pizza restaurants currently operating or planned in the greater Phoenix area.