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Below is an in-depth analysis and side-by-side comparison of Samuel Mancino's Italian Eatery vs Strings Italian Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $234,500 - $304,500 | $325,000 |
Franchise Fee | $30,000 | $37,500 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1959 | 1987 |
Year Franchised | 1994 | 1989 |
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 | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | 1. Gold River, CA 6 Weeks 2. On-Site 3 Weeks |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | Average Number of Employees: 4-6 Full-time, 15 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
In the late 1950s my parents, Samuel and Marion Mancino Sr. established Sammy's Pizzeria in St. Clair Shores, Michigan. My father worked in the family restaurants for many years. In the early 1980s, my wife, Michele Mancino and I opened our first restaurant in Three Rivers, Michigan. In 1990 I was the proud owner of two Mancinos restaurants. These were Mom and Pop concepts that I developed myself. I was frequently asked how somone could own and operate their own Mancinos restaurant. In 1991 I met with an attorney about how I could start selling the Mancino's Italian Eatery name and let people share in my dream without owning the restaurant myself. My attorney recommended this could be done through franchising. From 1991 until 1993 I built on my dream of franchising my restaurant name and families concept until finally, in February of 1994 my first franchise was up and running. My staff consisted of myself and my one working partner. We did everything from building the stores to marketing.
Strings Restaurant Group was incorporated in July of 1999 with the mission to offer great Italian food at a very affordable price to our customers. With items ranging from pizzas and pastas to more gourmet items such as Cioppino and Veal Marsala, we are confident that we can provide a fantastic meal for everyone. Our subsidiary, Strings Franchises Inc., is currently accepting applications for some of our strategic locations.