|
Below is an in-depth analysis and side-by-side comparison of PizzaVito vs CiCi's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $109,850 - $383,700 | $209,962 - $1,056,527 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 5% | 4 - 6% |
Advertising Fee | 2% | greater of $2300 or 3% of sales |
Year Founded | 0 | 1985 |
Year Franchised | 0 | 1987 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 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 | - | 8-12 week training process (the VP of Training may require additional training at his/her discretion, as successful completion of training is based on proficiency) |
Support | - | Newsletter, Meetings, Security/safety procedures, Field operations/evaluations |
Marketing | - | National advertising |
Operations |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25-30 |
|
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Luckily, pizza continues to be the best selling fast food in the country. By owning your own PizzaVito franchise, you'll be making dough alongside some of the most experienced minds in the business. Before we hand over the keys, we want to know more about you. Are we a good fit for each each other? Do you have the right kind of experience? And most important, what kind of investment are you looking to make? Because at the end of the day, being family is still business. Albeit a very profitable one.