Jet's Pizza vs Romeo's Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jet's Pizza vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$437,500 - $631,000 | $128,000 - $470,500 |
Franchise Fee |
$25,000 | $25,000 |
Royalty Fee |
8%-10% | 5% |
Advertising Fee |
Up to 1% | 1-2%co-op 3% local |
Year Founded |
1978 | - |
Year Franchised |
1990 | - |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$2K | - |
Business Experience Requirements |
Experience |
General business experience Customer service & management skills | We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met:
Single Unit
$100,000 in cash or cash equivalents
$250,000 in net worth
Multi-Unit Development
$200,000 in cash or cash equivalents
$800,000 net worth
Relevant food service operations experience is required by either the potential franchisee or the franchisee's Operating Partner. This is the single most important factor for success. We also require the Operating Partner to have ownership interest in the organization if the franchisee does not have operations experience.
|
Financing Options |
|
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 |
Training |
On-The-Job Training: 270 hours
Classroom Training: 30 hours
| The training program is 4-6 weeks. This program will provide the skills and knowledge to become a Romeo's franchisee. Training will occur at one of Romeo's Pizza Training Restaurants and the Home Office in Medina, Ohio. The Romeo's training includes education on the following:
Station Training
Management Skills
Problem Solving
People Development
Financial Analysis
Local Store Marketing
Relentless Pursuit of Pizza Perfection
|
Support |
Newsletter
Meetings/Conventions
Grand Opening
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | The Romeo's Executive Team will work to design a program tailored to the specific needs of the potential franchise partner. The potential franchisee and their team will be ready for revenue at the end of the training program.
Throughout the process, Romeo's will work with the potential franchisee to complete a business plan. The potential franchisee's team will work with Romeo's franchise development, operations and marketing professionals which will help and assist them in developing, marketing and operating a Romeo's Pizza franchise. |
Marketing |
Co-op Advertising
Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing | - |
Operations |
International franchisees required to buy multiple units/master licenses; 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15
Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators) | The franchisee or a designated Operating Partner will be required to actively manage the day-to-day operations of the business. As such, the franchisee or the designated Operating Partner must live in the area to be developed and possess prior restaurant/retail supervisory experience commensuration with the number of restaurants that are planned for development. |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Jet's Pizza
Based in Sterling Heights, Michigan, Jet's Pizza was founded in 1978 and began franchising in 1990.
Jet’s Pizza® regularly receives “Best of the Best” and “Reader’s Choice” awards. Pizza Today magazine named Jet’s Pizza® as the eighteenth largest pizza chain in the nation in its “Top 100 Company” report (Pizza Today, 2010). Entrepreneur Magazine has consistently ranked Jet’s Pizza® as a “Top 500 Franchise,” opportunity (Entrepreneur, 2010). Jet’s Pizza® has rapidly risen through the ranks to become the twelfth largest pizza chain in the nation, by sales (PMQ, 2016), with over 400 locations and plans for rapid future growth. While the quality and taste of the food is number one for Jet’s Pizza®, there is also a simple belief throughout the company; “Pizza should be fun,” says John Jetts. “You’ll always have a smile on your face when you’re eating a Jet’s pizza®.” That fun attitude can be summed up in the company’s simple slogan says Jetts, “Life is short. Eat better pizza®. Let’s Get Jet’s®!”
That is something that Jet’s Pizza® is betting that people across the nation will agree with. They’ve found that it’s working so far.
Franchise Ranking History
Franchise 500: #132 (2014), #146 (2013), #136 (2012), #145 (2011), #207 (2010),
Fastest-Growing: #67 (2014), #82 (2012), #94 (2011)
Veteran Incentives 50% off franchise fee or area development fee
#220 in Franchise 500 for 2020.
#340 in Franchise 500 for 2021.
About Romeo's Pizza
Romeo's Pizza is inviting entrepreneurs to explore franchise ownership opportunities with Romeo's Pizza. Romeo's Pizza is ready to fuel growth, especially in the Columbus market, and is seeking seasoned restaurant operators, entrepreneurs or investors who have interest in joining this award-winning brand.
We're looking for franchise partners who are passionate about customer service and who possess a strong desire to provide award-winning pizzas to the members of their community. Romeo's Pizza has a proven business model and many franchise partners have multiple stores because of the success they experienced with their first store. We have been voted Best Pizza in Columbus 4 years running. The Columbus DMA offers a great potential for us. We've only just scratched the surface in this market with our 9 stores and there is room to add an additional 10-20 stores in this market.
Romeo's Pizza has single and multi-store opportunities available in Ohio. Area development opportunities exist outside of Ohio. Romeo's Pizza offers ongoing training and support in leadership skills, financial analysis, local store marketing, strategic planning, product training, safe food handling and business development. If your passion is pizza and you want to join an award-winning brand, please review additional information at
http://romeospizza.com/franchising.php.
We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met:
Single Unit
$100,000 in cash or cash equivalents
$250,000 in net worth
Multi-Unit Development
$200,000 in cash or cash equivalents
$800,000 net worth
The total investment necessary to begin operation of a Restaurant under a
franchise agreement is $128,000 to $403,000. This includes $25,000 that
must be paid to the franchisor or their affiliate for the initial
franchise fee.
The total investment necessary to begin operation of a
Restaurant under a development agreement depends on the number of
Restaurants that you are authorized to develop and ranges from $143,000
to $470,500. This includes $25,000 that must be paid to the franchisor
or their affiliate for the initial franchise fee for your first
Restaurant and a development fee of $7,500 for each additional
Restaurant that you are authorized to establish under the development
agreement.
Under a development agreement, the minimum number of Restaurants that you may be authorized to develop is
three and the maximum number of Restaurants that you may be authorized
to develop is ten.