|
Below is an in-depth analysis and side-by-side comparison of The Original Italian Pie vs Caffe Sorrentino including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $200,000 - $617,500 | $295,000 - $345,000 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1994 | 2005 |
Year Franchised | 1995 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | Various programs | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
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) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | Yes |
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
Caffe Sorrentino is an authentic Italian caffe that was inspired by the success of the Sorrentino's chain of restaurants which have been in operation for 30 years. Enjoy our authentic Italian coffee, panini, pasta, gelato and delicious pastries. We are now offering Franchise opportunities & Area Development opportunities across Canada.