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Updated RecentlyTosto QuickFire Pizza vs Romeo's Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tosto QuickFire Pizza vs Romeo's Pizza 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 | $128,000 - $470,500 |
| Franchise Fee | $30,000 - $40,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | 1-2%co-op 3% local |
| Year Founded | 2015 | - |
| Year Franchised | 2015 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met: Single Unit $100,000 in cash or cash equivalents $250,000 in net worth Multi-Unit Development $200,000 in cash or cash equivalents $800,000 net worth Relevant food service operations experience is required by either the potential franchisee or the franchisee's Operating Partner. This is the single most important factor for success. We also require the Operating Partner to have ownership interest in the organization if the franchisee does not have operations 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 | - | The training program is 4-6 weeks. This program will provide the skills and knowledge to become a Romeo's franchisee. Training will occur at one of Romeo's Pizza Training Restaurants and the Home Office in Medina, Ohio. The Romeo's training includes education on the following: Station Training Management Skills Problem Solving People Development Financial Analysis Local Store Marketing Relentless Pursuit of Pizza Perfection |
| Support | - | The Romeo's Executive Team will work to design a program tailored to the specific needs of the potential franchise partner. The potential franchisee and their team will be ready for revenue at the end of the training program. Throughout the process, Romeo's will work with the potential franchisee to complete a business plan. The potential franchisee's team will work with Romeo's franchise development, operations and marketing professionals which will help and assist them in developing, marketing and operating a Romeo's Pizza franchise. |
| Marketing | - | - |
| Operations | The franchisee or a designated Operating Partner will be required to actively manage the day-to-day operations of the business. As such, the franchisee or the designated Operating Partner must live in the area to be developed and possess prior restaurant/retail supervisory experience commensuration with the number of restaurants that are planned for development. |
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Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | No | - |
Company Overviews
About Tosto QuickFire Pizza
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.