|
Below is an in-depth analysis and side-by-side comparison of Manny & Olga's Pizza vs Panini Pasta Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $125,000 - $225,000 | $175,000 - $500,000 |
Franchise Fee | $25,000 | $30,000 - $40,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1983 | 1979 |
Year Franchised | 1998 | 1995 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
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 |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
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.In 1995 The MTY Group built up the PANINI - PIZZA and PASTA idea, which blends a couple of years after the fact with the Vanelli's eateries. Furthermore, MTY turns into an auxiliary of Golden Sky Ventures International Inc., an organization recorded on the Vancouver Stock Exchange.Panini offers you a huge choice of hand crafted pizzas presented with your decision of new garnishes.
Our pasta claims to fame menu permits you to make your own particular pizza-pasta combo. Panini's particular and cooked to flawlessness sauces make our pasta fortes emerge. Our menu additionally incorporates a full line of garden new plates of mixed greens, sandwiches, submarines, French fries and other great Italian top choices. Panini - Pizza - Pasta Something for everybody in the family to appreciate!