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Below is an in-depth analysis and side-by-side comparison of CiCi's Pizza vs Teresa's 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 | $209,962 - $1,056,527 | $132,000 - $214,500 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 4 - 6% | 5% |
Advertising Fee | greater of $2300 or 3% of sales | 1% |
Year Founded | 1985 | - |
Year Franchised | 1987 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
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/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 | 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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Americans eat roughly 350 slices of pizza per second. Get your slice of the $30 billion per year pizza industry with Teresa's Pizza. As a Teresa's Pizza franchise owner, you will be part of the family. Your Teresa's Pizza will have the look and feel of a local, neighborhood eatery, while you have the support of our established restaurant business. We bake our pizzas the old fashioned way: in traditional carousel ovens. Italian recipes passed down from previous generations Huge menu with something for everyone Our experienced corporate team has extensive credentials in food service and other businesses. We'll be there to support you every step along the way. Site selection Lease negotiation Comprehensive training Marketing support Information and support systems Comprehensive two week home office and three week onsite training Full menu of pizza, pasta, wings, salads, sandwiches, subs, and more. If you have strong community values, pay attention to details, enjoy providing a great customer experience, and love pizza, then please visit our website at: http://www.teresaspizza.net/franchise.html