East of Chicago Pizza Company vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of East of Chicago Pizza Company vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
East of Chicago Pizza Company Franchise
My Friend's Place Franchise
Investment $162,000 - $463,000$156,650 - $260,400
Franchise Fee $20,000$20,000
Royalty Fee 5%5%
Advertising Fee -1%
Year Founded 19901980
Year Franchised 19911980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee To be determined-


Business Experience Requirements
 
East of Chicago Pizza Company Franchise
My Friend's Place Franchise
Experience
  • Company uses Birkman Profile & Corporate Interview Series
    		• -

    Financing Options
     
    East of Chicago Pizza Company Franchise
    My Friend's Place Franchise
      In-House/3rd PartyIn-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
     
    East of Chicago Pizza Company Franchise
    My Friend's Place Franchise
    Training On-The-Job Training: 2 weeks Classroom Training: 4 weeks 1. Headquarters 12 Business Days

    2. Franchisee Site 12 Business Days
    Support Co-op Advertising Ad Templates National Media Regional AdvertisingField Operation Evaluation

    Field Training: At Additional Cost

    Initial Store Opening

    Inventory Control: At Additional Cost
    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: 2 Full-time, 2 Part-time

    Passive Ownership: Not Allowed

    Expansion Plans
     
    East of Chicago Pizza Company Franchise
    My Friend's Place Franchise
    US Expansion YesYes
    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 My Friend's Place

    A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'