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Below is an in-depth analysis and side-by-side comparison of The Original Italian Pie vs Strings Italian Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $200,000 - $617,500 | $325,000 |
Franchise Fee | $25,000 | $37,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1994 | 1987 |
Year Franchised | 1995 | 1989 |
Term Of Agreement | 10 years | 10 years +5 |
Term Of Agreement | 10 years | 10 years +5 |
Renewal Fee | - | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Various programs | 1. Gold River, CA 6 Weeks 2. On-Site 3 Weeks |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 30 Absentee ownership of franchise is NOT allowed. (75% of current franchisees are owner/operators) | Average Number of Employees: 4-6 Full-time, 15 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
The Original Italian Pie has two models for franchising. Our Full Service model is 2500-4000 square feet with a start up cost range between $328K-$617.5K Our New The Original Italian Pie 2GO model is much smaller, requiring 1400-2000 square feet and a start up cost range between $200K-$275K. Here at "The Pie" we are currently seeking qualified individuals or groups to be a part of our growing franchise community
Strings Restaurant Group was incorporated in July of 1999 with the mission to offer great Italian food at a very affordable price to our customers. With items ranging from pizzas and pastas to more gourmet items such as Cioppino and Veal Marsala, we are confident that we can provide a fantastic meal for everyone. Our subsidiary, Strings Franchises Inc., is currently accepting applications for some of our strategic locations.