|
Below is an in-depth analysis and side-by-side comparison of Mr. Jims Pizza vs Russo's New York Pizzeria including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $70,000 - $100,000 | $400,000 - $1,500,000 |
Franchise Fee | $11,000 | $49,500 |
Royalty Fee | 6% | 7% |
Advertising Fee | 4% | 2% |
Year Founded | 1975 | 1978 |
Year Franchised | 1981 | 1998 |
Term Of Agreement | - | 10 years +5 |
Term Of Agreement | - | 10 years +5 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth. |
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 | - | Corporate Store, Houston, TX . 8 Week GM & Key Supervisor Training and Certification. |
Support | - | Central Data Processing: At Additional Cost
Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | - | Average Number of Employees: 10 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Mr. Jim's Pizza is a chain of pizza delivery and pick-up restaurants.
Great products - perfected since 1976
Very low cost to entry
Big savings on food costs
First 21st Century Pizza Chain Strong brand and advertising support
Approved Small Business Administration (SBA) franchisor
All of our fresh hand-stretched dough is made fresh every day in every store. Our Originalâ„¢ style pizzas have more fresh toppings than any of our competitors. With each bite of an Original, you'll taste all the toppings, sauce and crust, whether it's our Sticky Fingers Pizza (loaded with eight toppings) or any of our create your own, specialty and premier pizzas.
But as the times have changed, so have we. Not everyone likes thick crust and many people are price conscious. So, in 2011 we launched our new Pizza D'Lish line, with thinner crust and a nice balance of toppings. In most of our stores, all large D'Lish pizzas sell for just $7.99. This product has been a fantastic addition to our full product line and has improved sales even during the down economy.
Russo's Restaurants is a national and international franchisor of the fast casual and casual dining brands Russo's New York Pizzeria and Russo's Coal-Fired Italian Kitchen. Based in Houston, Russo's Restaurants are composed of a mix of corporate and franchised locations across Texas, Oklahoma, Arkansas, Tennessee, Florida and Hawaii. Russo's has entered international markets as well, with locations in Dubai, Abu Dhabi and Sharjah in the United Arab Emirates. There are an additional 20-plus units in development both in the United States and internationally. Chef Anthony Russo has created his concepts from years of applying his unique, family recipes featuring New York-style pizza along with a broad variety of handcrafted pasta creations, calzones, salads, sandwiches, soups and desserts, reflecting his commitment to his New York roots where food and family come first.