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Updated RecentlySnappy Tomato Pizza vs Modern Market Eatery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Snappy Tomato Pizza vs Modern Market Eatery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $115,500 - $256,000 | $755,000 - $1,440,500 |
| Franchise Fee | $14,000 | $40,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2.5% | 1%Nat'l+1%Loc. |
| Year Founded | 1978 | 2009 |
| Year Franchised | 1981 | 2020 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | $2.5K | - |
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 | Additional training available as needed | - |
| Support | Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Snappy Tomato Pizza
In 1978, Bob Rotunda went to the races and put all his money on a horse named Snappy Tomato. The horse won. Rotunda took his winnings and opened the first Snappy Tomato Pizza that year. The company began franchising three years later.
Today Snappy Tomato Pizza has locations across the United States, Canada and Great Britain serving pizza, hoagies, salads and appetizers.
About Modern Market Eatery
!["Modern]("https://fddexchange.com/wp-content/uploads/2020/02/Modern-Market-Eatery.png")
Modern life makes eating out or ordering online a necessity. Modern
Market Eatery was born in 2009 in Boulder, CO with the purpose of
providing convenient access to clean, nurturing and delicious food. Modern
Market Eatery
disrupted the fast casual industry because our founding team came from
design and finance, not restaurant backgrounds. Modern
Market Eatery has truly been
reinventing the concept from the kitchen out, putting as much thought
into engineering our model for the modern operator as we have for the
modern diner.