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Below is an in-depth analysis and side-by-side comparison of Manny & Olga's Pizza vs Tosto QuickFire 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 | $125,000 - $225,000 | $175,000 - $500,000 |
Franchise Fee | $25,000 | $30,000 - $40,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | - |
Year Founded | 1983 | 2015 |
Year Franchised | 1998 | 2015 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | $5K | - |
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 | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | 2 weeks after opening | - |
Support | Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | No |
Manny opened his first restaurant in 1974, gaining valuable experience which he expanded on through the years.
In 1993, the restaurant was officially named Manny & Olga’s and the tradition was started. Incorporating the names of father and daughter (Manny and Olga) family values and warm hospitality are the key ingredients appreciated and respected by customers even today.
Delicious food, fair prices and quality service is what you can expect with every visit to Manny & Olga’s.Established in 2015, TOSTO is a pioneer in the quick premium market. Gladly serving the finest scratch-made pasta and crisp Romano pizza in an open kitchen idea where each dish is uniquely arranged to arrange, TOSTO is really exceptional. We live in a period where most shoppers have built up a perceiving sense of taste and are just eager to open their wallets for quality and validness, two key characteristics that TOSTO prides itself on giving its visitors. TOSTO is about affection and indeed, that is the reason we say, "Intense love for extraordinary nourishment". This means whatever it will take to affect the store operations and effect the lives of our visitors, improving each day than the earlier day, we will do it.
We are dependably on the chase for extraordinary accomplices to help us grow the TOSTO idea. We're not searching for unadulterated venture accomplices, we're enthusiastic to assemble associations fortified by the mastery, enthusiasm and extraordinary information of both franchisor and franchisee. The key fixing to achievement lies in the general population who breath life into the TOSTO idea. We pick accomplices whose individual, proficient and money related qualities run as one with what we trust it takes to breath life into TOSTO.
Consequently, our multifunctional group will then be there to at all times bolster you all through the whole procedure from the mark to the opening and past as your visitors return over and over.