Friendly's Restaurants vs IL FORNELLO Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Friendly's Restaurants vs IL FORNELLO including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Friendly's Restaurants Franchise
IL FORNELLO Franchise
Investment $498,500 - $1,950,000$100,000 - $700,000
Franchise Fee $30,000 - $35,000$35,000
Royalty Fee 4%4%
Advertising Fee 3.5%1%
Year Founded 19351986
Year Franchised 19961989
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $5K-


Business Experience Requirements
 
Friendly's Restaurants Franchise
IL FORNELLO Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    Friendly's Restaurants Franchise
    IL FORNELLO Franchise
      In-House/3rd PartyIn-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
     
    Friendly's Restaurants Franchise
    IL FORNELLO Franchise
    Training -10 weeks
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks, National media-
    Operations Franchisees required to buy multiple units/master licenses; 62% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Friendly's Restaurants Franchise
    IL FORNELLO Franchise
    US Expansion Yes-
    Canada Expansion NoYes
    International Expansion No-

    Company Overviews

    About Friendly's Restaurants

    In Springfield, Massachusetts at the height of the Great Depression in 1935, 20 year-old Prestley Blake and his 18 year-old brother Curtis opened an ice cream shop called 'Friendly' that served double-dip cones for 5 cents. The brothers opened a second shop five years later in West Springfield, Massachusetts and added food to the menu. Within a decade, locations opened throughout western Massachusetts and Connecticut. In 1988 Donald N. Smith, the company's current CEO, purchased the company and a year later added an 's' to the name, making it 'Friendly's.'

    In May 2000, Friendly's introduced a new food and dessert menu featuring colossal burgers, sandwich wraps, splits, sundaes and Cyclones. Friendly's produces 10 million snack cups and 230,000 gallons of fudge every year. In addition to its restaurants and cafes, Friendly's manufactures a complete line of frozen desserts.

    About IL FORNELLO

    In 1986 IL FORNELLO introduced Toronto to wood-oven baked pizza and the response was overwhelming. From the very first day IL FORNELLO opened its doors our priority has been to provide our guests with the highest quality food and service possible. But we have also anticipated and adapted to the evolving food preferences and sensitivities of our customers. As a result, IL FORNELLO was the first Italian restaurant to offer gluten-free pizza and pasta on our menu and, most recently, an extensive and creative Vegan menu that has been extremely successful.

    Because of our constant focus on customer service, IL FORNELLO has not just weathered recessions, changing demographics and the constantly challenging landscape that is the food service industry, it has thrived. With successful corporate and franchise locations in Toronto, Ajax, Richmond Hill and Oakville, IL FORNELLO Restaurants is ready to grow again.