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Below is an in-depth analysis and side-by-side comparison of Fratelli Ravioli 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 | $217,000 - $364,500 | $325,000 |
Franchise Fee | $25,000 | $37,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1978 | 1987 |
Year Franchised | 2000 | 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 | Available at franchisee's location | 1. Gold River, CA 6 Weeks 2. On-Site 3 Weeks |
Support | Grand opening, Internet | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 15
Absentee ownership of franchise is NOT allowed. (100% 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 | - |
NO LONGER FRANCHISING
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.