Manny & Olga's Pizza vs Romeo's Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Manny & Olga's Pizza vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Manny & Olga's Pizza Franchise
Romeo's Pizza Franchise
Investment $125,000 - $225,000$128,000 - $470,500
Franchise Fee $25,000$25,000
Royalty Fee 5%5%
Advertising Fee -1-2%co-op 3% local
Year Founded 1983-
Year Franchised 1998-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $5K-


Business Experience Requirements

 
Manny & Olga's Pizza Franchise
Romeo's Pizza Franchise
Experience
  • General business experience
  • We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met: Single Unit $100,000 in cash or cash equivalents $250,000 in net worth Multi-Unit Development $200,000 in cash or cash equivalents $800,000 net worth Relevant food service operations experience is required by either the potential franchisee or the franchisee's Operating Partner. This is the single most important factor for success. We also require the Operating Partner to have ownership interest in the organization if the franchisee does not have operations experience.


    Financing Options

     
    Manny & Olga's Pizza Franchise
    Romeo's Pizza Franchise
      In-House/3rd PartyIn-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

     
    Manny & Olga's Pizza Franchise
    Romeo's Pizza Franchise
    Training 2 weeks after opening

    The training program is 4-6 weeks. This program will provide the skills and knowledge to become a Romeo's franchisee. Training will occur at one of Romeo's Pizza Training Restaurants and the Home Office in Medina, Ohio. The Romeo's training includes education on the following: Station Training Management Skills Problem Solving People Development Financial Analysis Local Store Marketing Relentless Pursuit of Pizza Perfection

    Support Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives

    The Romeo's Executive Team will work to design a program tailored to the specific needs of the potential franchise partner. The potential franchisee and their team will be ready for revenue at the end of the training program. Throughout the process, Romeo's will work with the potential franchisee to complete a business plan. The potential franchisee's team will work with Romeo's franchise development, operations and marketing professionals which will help and assist them in developing, marketing and operating a Romeo's Pizza franchise.

    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)

    The franchisee or a designated Operating Partner will be required to actively manage the day-to-day operations of the business. As such, the franchisee or the designated Operating Partner must live in the area to be developed and possess prior restaurant/retail supervisory experience commensuration with the number of restaurants that are planned for development.


    Expansion Plans

     
    Manny & Olga's Pizza Franchise
    Romeo's Pizza Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Manny & Olga's Pizza

    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.

    About Romeo's Pizza

    Romeo's Pizza is inviting entrepreneurs to explore franchise ownership opportunities with Romeo's Pizza. Romeo's Pizza is ready to fuel growth, especially in the Columbus market, and is seeking seasoned restaurant operators, entrepreneurs or investors who have interest in joining this award-winning brand. We're looking for franchise partners who are passionate about customer service and who possess a strong desire to provide award-winning pizzas to the members of their community. Romeo's Pizza has a proven business model and many franchise partners have multiple stores because of the success they experienced with their first store. We have been voted Best Pizza in Columbus 4 years running. The Columbus DMA offers a great potential for us. We've only just scratched the surface in this market with our 9 stores and there is room to add an additional 10-20 stores in this market. Romeo's Pizza has single and multi-store opportunities available in Ohio. Area development opportunities exist outside of Ohio. Romeo's Pizza offers ongoing training and support in leadership skills, financial analysis, local store marketing, strategic planning, product training, safe food handling and business development. If your passion is pizza and you want to join an award-winning brand, please review additional information at http://romeospizza.com/franchising.php. We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met: Single Unit $100,000 in cash or cash equivalents $250,000 in net worth Multi-Unit Development $200,000 in cash or cash equivalents $800,000 net worth

    The total investment necessary to begin operation of a Restaurant under a franchise agreement is $128,000 to $403,000. This includes $25,000 that must be paid to the franchisor or their affiliate for the initial franchise fee.
    The total investment necessary to begin operation of a Restaurant under a development agreement depends on the number of Restaurants that you are authorized to develop and ranges from $143,000 to $470,500. This includes $25,000 that must be paid to the franchisor or their affiliate for the initial franchise fee for your first Restaurant and a development fee of $7,500 for each additional Restaurant that you are authorized to establish under the development agreement.
    Under a development agreement, the minimum number of Restaurants that you may be authorized to develop is three and the maximum number of Restaurants that you may be authorized to develop is ten.