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Below is an in-depth analysis and side-by-side comparison of Tosto QuickFire Pizza vs Firo Fire Kissed 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 | $454,000 - $1,515,000 |
Franchise Fee | $30,000 - $40,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | - |
Year Founded | 2015 | 2014 |
Year Franchised | 2015 | 2017 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Must have a net worth of $900,000 with strong credit. You and your partners must have a minimum liquidity of $250,000 per restaurant to be developed. This includes anything besides home equity that can be converted to cash within 30 days. Retirement accounts such as an IRA or 401 (k) can be considered. |
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 | - | 3 weeks training program for 2 individuals at our Lawton facility |
Support | - | You get access to our brand, recipes & procedures, vendors, training, store build-out & trade dress, website, social media, online ordering, gift card program, etc. Most importantly, you get to be a part of a dynamic organization that is dedicated to serving custom-built, artisanal pizza in a completely new way. This is a top franchising opportunity you need to take advantage of. 5 days of opening support PR and grand opening support Ongoing field visits and franchisor support |
Marketing | - | - |
Operations | - | |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | No | - |
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.
Our visionary founder assembled a group of recognized restaurant experts
and partnered with internationally renowned chefs to create an
exceptional dining experience at a concept that is uniquely special, but
still replicable. Now, Firo is bringing it’s fire kissed pizza to other
parts of the country through the Firo Fire Kissed Pizza franchise
program. Now is your chance to own a piece of the pie with your own Firo
Fire Kissed Pizza restaurant.
As we set our sights on growing this exceptional concept, it’s good to
know the pizza restaurant industry earns annual revenue of $39 billion
in sales and expected to increase. According to the USDA about one in
eight Americans consume pizza on any given day. There is no doubt that
Americans love their pizzas and savvy business entrepreneurs will love
our franchise program.Next comes the main ingredient, training. You and your managers will
be thoroughly trained at headquarters in Lawton, Oklahoma. The Firo team
will lead you through both classroom and on-the-job training. In the
classroom, some of the topics that will be covered are guest service,
kitchen and food prep steps, inventory, accounting procedures,
management techniques, use of software systems, and much more.