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Below is an in-depth analysis and side-by-side comparison of East of Chicago Pizza Company vs Green Mill Restaurant & Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $162,000 - $463,000 | $1,000,000 - $1,500,000 |
Franchise Fee | $20,000 | $40,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | - |
Year Founded | 1990 | 1975 |
Year Franchised | 1991 | 1991 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | To be determined | - |
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 | No/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | Yes/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | On-The-Job Training: 2 weeks Classroom Training: 4 weeks | - |
Support | Co-op Advertising Ad Templates National Media Regional Advertising | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising | - |
Operations |
26% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) Number of Employees Required to Run: 20 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
* Established in 1975 * Nearly 30 franchised locations * Winners of over 100 food awards * Full-service restaurant and bar * Free-standing locations or hotel experience - Currently connected to 14 hotel properties Proven Catering * On and off-site catering expertise * Awarded Best Wedding Catering in 2012 by Mpls.St.Paul Magazine - Won judges and people's choice * Best of The Knot 2014 * Best of The Knot 2015 * Cater thousands of events each year - Weddings - Banquets - Business meetings - Parties Proven Business Model * Strong brand * Helps drive REV PAR in hotel properties * Low royalty and advertising fees * Comprehensive operations and training programs * Ongoing menu development * Marketing support Proven Leadership * Over 100 years of leadership and restaurant experience on team - Paul Dzubnar, CEO (17 years) - Mary Jule Erickson, President (31 years) - John Hinz, CMO (18 years) - Tim Kreiser, VP of Operations (15 years) - Pete Waldon, Executive Chef (26 years)