|
Below is an in-depth analysis and side-by-side comparison of Ledo Pizza vs Big Apple Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $126,250 - $442,000 | $278,300 - $493,000 |
Franchise Fee | $30,000 | $20,000 - $25,000 |
Royalty Fee | 6% | 4% |
Advertising Fee | 1% | 1% |
Year Founded | 1986 | - |
Year Franchised | 1989 | - |
Term Of Agreement | 5 years | 10 years +5 |
Term Of Agreement | 5 years | 10 years +5 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 140 hours Additional Training: Ongoing | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
33% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Since 1955, Ledo has been making pizzas with a recognizable rectangular shape and thick-sliced pepperoni. Ledo's more than 40 franchise locations offer East Coasters several appetizers; soups and salads; pastas such as portobello mushroom ravioli and chicken and broccoli; fettuccine Alfredo; burgers; submarine sandwiches; calzones and desserts.
The Lino family migrated to the neighborhood from
Brooklyn New York many years ago, bringing with them a sense of pride and tradition along with authentic
recipes developed by Filomena Lino, with the dream of opening a New York-style pizzeria.