|
Below is an in-depth analysis and side-by-side comparison of East of Chicago Pizza Company vs Johnny Brusco's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $162,000 - $463,000 | $303,200 - $770,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 5% | 4-5% |
Advertising Fee | - | 2% |
Year Founded | 1990 | 1977 |
Year Franchised | 1991 | 1995 |
Term Of Agreement | 10 years | 10 years +10 |
Term Of Agreement | 10 years | 10 years +10 |
Renewal Fee | To be determined | - |
Business Experience Requirements |
||
Experience | - | |
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 | 1. Atlanta, GA 4 Weeks minimum 2. Memphis, TN 4 Weeks minimum 3. Dallas, TX 4 Weeks minimum |
Support | Co-op Advertising Ad Templates National Media Regional Advertising | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline: |
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 | Average Number of Employees: 8 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |