Domino's Pizza vs Red's Savoy Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Domino's Pizza vs Red's Savoy Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$101,450 - $582,500 | $200,500 - $347,167 |
Franchise Fee |
$25,000 | $15,000 |
Royalty Fee |
5.5% | - |
Advertising Fee |
- | - |
Year Founded |
1960 | 1965 |
Year Franchised |
1967 | 2011 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience Successful experience in food service/retail management; entrepreneurial/equivalent 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 |
- | - |
Support |
Newsletter, Meetings, Internet, Security/safety procedures, Field operations/evaluations | Red's Savoy Pizza franchisees gain operational support from the ground up. We deliver classroom and in-store training, as well as grand opening assistance to make sure your store gets off to a successful start. Throughout the operation of your business, we are here to respond to operational needs within the system, whether on an individual store basis or system-wide. |
Marketing |
Co-op advertising, Ad slicks, National media | - |
Operations |
Number of employees needed to run franchised unit: 15
- 20
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Domino's Pizza
In 1960, brothers Tom and James Monaghan borrowed $500 to purchase DomiNick's, a pizza store in Ypsilanti, Michigan. The next year, James traded his half of the business to Tom for a Volkswagen Beetle. In 1965, Tom Monaghan renamed the company Domino's Pizza LLC. The first Domino's Pizza franchise store opened in Ypsilanti, Michigan, in 1967. Tom Monaghan retired in 1998, selling 93 percent of the company to Bain Capital. In addition to regular, pan and thin-crust pizza, Domino's products include bread sticks and buffalo wings. Domino's Pizza operates more than 6,000 stores in the United States, Canada, Europe and Africa.
The total investment ranges from $144,450 to $582,500 for a Domino's Pizza Traditional Store and $101,450 to $573,500 for a Domino's Pizza
Non-Traditional Store. The franchisor estimates the payments made to
them and their affiliates together with Initial Fee payments will range
from $84,750 to $167,500 for a Domino's Pizza Traditional Store and
$65,750 to $158,500 for a Domino's Pizza Non-Traditional Store.
#16 in Canada's Top franchises
About Red's Savoy Pizza
The Original Red's Savoy Pizza name has become legendary throughout the Midwest, known for its spicy secret-recipe sauce and for its old-school atmosphere... with an edge. If you're like us, you are addicted to the unique Red's Savoy Pizza taste and experience. Now you can take that obsession one step further, and own your own piece of the pie!
Why Red's Savoy Pizza?
Earl "Red" Schoenheider opened the first Red's Savoy Pizza location in 1965 on the east side of St. Paul, Minnesota. Red perfected his famous secret-recipe spicy Savoy sauce and sausage over the last four decades. His outstanding, old-school thin-crust pizza has developed a cult-like following among its fans.
Products and Logo. The purchase of a Red's Savoy Pizza franchise allows you access to the secret-recipe Savoy products that have made the Red's Savoy name what it is today. You gain access to our unique menu items, such as sauerkraut and pickle pizzas, that perfectly complement our spicy sauce and thin-cracker crust. In addition, our franchisees get to operate under our signature red logo featuring the "The Original Red's Savoy Pizza" name and design. This logo is recognized throughout the Midwest and beyond!
The original Red's Savoy Pizza location has operated at its original location on the east side of St. Paul, Minnesota for over four decades. Its recipes and business model have stood the test of time as pizza trends have come and gone. With this history, Red's Savoy Pizza is poised for the future! Our franchises maintain this old-school timeless tradition, while taking advantage of modern opportunities for marketing, advertising, promotions, and growth. New franchisees in the Red's Savoy Pizza system have the opportunity to take advantage of our plans for growth and expansion throughout the United States.