|
Below is an in-depth analysis and side-by-side comparison of CiCi's Pizza vs Wally's Old Fashioned Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $209,962 - $1,056,527 | $143,750 - $161,500 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 4 - 6% | - |
Advertising Fee | greater of $2300 or 3% of sales | - |
Year Founded | 1985 | 1978 |
Year Franchised | 1987 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
Training | 8-12 week training process (the VP of Training may require additional training at his/her discretion, as successful completion of training is based on proficiency) | - |
Support | Newsletter, Meetings, Security/safety procedures, Field operations/evaluations | - |
Marketing | National advertising | - |
Operations |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25-30 | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
We offer franchises for the operation of a "Wally's Pizza and Subs" business providing unique quick-service restaurant for carry out pizza, subs, salads and other food items, beverages and proprietary products under the name "Wally's Pizza and Subs." Wally's Franchise Systems, Inc. also engages in retail sales of proprietary food products and merchandise. The Franchise is operated in a free standing building or within a strip mall or retail rental location. The distinguishing characteristics of a Wally's Pizza and Subs include distinctive interior design, decor, color scheme, fixtures and furnishing, menus, recipes, the style and type of pizza we offer, homemade pizza sauce, competitive pricing, traditional methods, uniform (dress) standards, procedures for management control, training and assistance and advertising and promotional programs.