|
Below is an in-depth analysis and side-by-side comparison of Fazoli's vs Bottoms Up Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $800,200 - $1,752,818 | $485,650 - $829,250 |
Franchise Fee | $40,000 | $35,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 4% | - |
Year Founded | 1988 | 1990 |
Year Franchised | 1991 | 2006 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 30% of current fee for 5 years | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
||
Training | On-The-Job Training: 90-100 hours Classroom Training: 16 hours Additional Training: Programs on variety of topics | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
86% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Bottoms Up is one of the most exciting opportunities in the franchise market today! The full-service restaurant offers customers gourmet products, excellent service, and an atmosphere where one can sit back and enjoy. The casual dining restaurant provides an upscale, sophisticated environment with modern, artistic elements. Most famous for its unique "slices", Bottoms Up has been voted "Best Pizza" by Richmonders for nearly two decades. The franchise units are a scaled down version of the original Bottoms Up, located in upscale retail centers, with a footprint of 3,500-4,200 square feet. Franchise expansion plans are in full force throughout the Southeast.