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Below is an in-depth analysis and side-by-side comparison of Tosto QuickFire Pizza vs Russo's New York Pizzeria including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $175,000 - $500,000 | $400,000 - $1,500,000 |
Franchise Fee | $30,000 - $40,000 | $49,500 |
Royalty Fee | 6% | 7% |
Advertising Fee | - | 2% |
Year Founded | 2015 | 1978 |
Year Franchised | 2015 | 1998 |
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 | - | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth. |
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 | - | Corporate Store, Houston, TX . 8 Week GM & Key Supervisor Training and Certification. |
Support | - | Central Data Processing: At Additional Cost
Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | Average Number of Employees: 10 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged |
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Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | No | Yes |
Established in 2015, TOSTO is a pioneer in the quick premium market. Gladly serving the finest scratch-made pasta and crisp Romano pizza in an open kitchen idea where each dish is uniquely arranged to arrange, TOSTO is really exceptional. We live in a period where most shoppers have built up a perceiving sense of taste and are just eager to open their wallets for quality and validness, two key characteristics that TOSTO prides itself on giving its visitors. TOSTO is about affection and indeed, that is the reason we say, "Intense love for extraordinary nourishment". This means whatever it will take to affect the store operations and effect the lives of our visitors, improving each day than the earlier day, we will do it.
We are dependably on the chase for extraordinary accomplices to help us grow the TOSTO idea. We're not searching for unadulterated venture accomplices, we're enthusiastic to assemble associations fortified by the mastery, enthusiasm and extraordinary information of both franchisor and franchisee. The key fixing to achievement lies in the general population who breath life into the TOSTO idea. We pick accomplices whose individual, proficient and money related qualities run as one with what we trust it takes to breath life into TOSTO.
Consequently, our multifunctional group will then be there to at all times bolster you all through the whole procedure from the mark to the opening and past as your visitors return over and over.
Russo's Restaurants is a national and international franchisor of the fast casual and casual dining brands Russo's New York Pizzeria and Russo's Coal-Fired Italian Kitchen. Based in Houston, Russo's Restaurants are composed of a mix of corporate and franchised locations across Texas, Oklahoma, Arkansas, Tennessee, Florida and Hawaii. Russo's has entered international markets as well, with locations in Dubai, Abu Dhabi and Sharjah in the United Arab Emirates. There are an additional 20-plus units in development both in the United States and internationally. Chef Anthony Russo has created his concepts from years of applying his unique, family recipes featuring New York-style pizza along with a broad variety of handcrafted pasta creations, calzones, salads, sandwiches, soups and desserts, reflecting his commitment to his New York roots where food and family come first.