East of Chicago Pizza Company vs The Loop Pizza Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of East of Chicago Pizza Company vs The Loop Pizza Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$162,000 - $463,000 | $525,000 - $900,000 |
Franchise Fee |
$20,000 | $30,000 |
Royalty Fee |
5% | - |
Advertising Fee |
- | - |
Year Founded |
1990 | 1981 |
Year Franchised |
1991 | 1990 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
To be determined | - |
Business Experience Requirements |
Experience |
Company uses Birkman Profile & Corporate Interview Series | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
Yes/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/No | -/- |
Training & Support |
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 |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About East of Chicago Pizza Company
When founder L. Scott Granneman was thinking of a name for his second pizza restaurant in Willard, Ohio, he remembered one of his customers telling him he made 'the best pizza east of Chicago.' The comment stuck with Granneman, and now East of Chicago Pizza has more than 120 locations stretching as far east as Virginia.
East of Chicago locations offer favorite toppings such as pepperoni and mushrooms as well as a menu of specialty pizzas like Taco (which is covered with lettuce, tomato, black olives, sour cream, cheddar cheese, beef and salsa) and dessert pizzas (Dutch Crunch apple pizza or Peanut Butter & Jelly).
About The Loop Pizza Grill
The Loop Pizza Grill is a neighborhood fast-casual restaurant that
offers the quality and atmosphere of a full-service dining
establishment. As a pioneer of the fast-casual segment for 30 years, The
Loop Pizza Grill was one of the first restaurants to offer a variety of
made-to-order fresh foods in an upscale environment. The Loop serves a
variety of signature pizzas, burgers, salads, sandwiches and hand-dipped
milkshakes. Open for lunch and dinner, the average sales volume per
restaurant is $1.2 million, with guest checks averaging $10. Based in
Jacksonville, Fla., The Loop Pizza Grill was founded by Mike and Terry
Schneider in 1981 as a 60-seat restaurant.
The franchise fee for a single LOOP franchise is $30,000. The fee is payable in two phases: $15,000 at the execution of the agreement, and $15,000 when a lease is signed or training begins.