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Below is an in-depth analysis and side-by-side comparison of Manny & Olga's Pizza vs Papa Romano's 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 - $325,000 |
Franchise Fee | $25,000 | $9,500 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1983 | 1970 |
Year Franchised | 1998 | 1985 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | 2 weeks after opening | We provide you with comprehensive training. If you are purchasing a new franchise, there is no additional charge for training. There may be a fee for training if you are purchasing an existing Papa Romano's unit. Training will take place at one of our designated Metro Detroit training stores. Once your store is opened we will provide you with an onsite training instructor to help you get off to a great start. |
Support | Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | We provide you with ongoing support from the day of your grand opening and beyond. We strive to work with our franchisees to develop programs that will assist in their success. All of our marketing and advertising programs (television, radio, and direct mail) support our continued commitment to quality. |
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 | - | - |
Canada Expansion | No | - |
International Expansion | 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.