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Below is an in-depth analysis and side-by-side comparison of Fazoli's vs Romano's Macaroni Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $800,200 - $1,752,818 | N/A |
Franchise Fee | $40,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | 4% | - |
Year Founded | 1988 | 1989 |
Year Franchised | 1991 | 2002 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 30% of current fee for 5 years | - |
Business Experience Requirements |
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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 | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
All the Italian You Need to Know. Italian food served in a setting reminding us that the kitchen is the heart of the home. A full service bar features house wine served on the honor-system.