|
Below is an in-depth analysis and side-by-side comparison of Pizza Pizza vs Mama Mimi's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $275,000 - $350,000 | $97,600 - $159,800 |
Franchise Fee | $30,000 | $20,000 |
Royalty Fee | 6% | 4.5% - 5% |
Advertising Fee | - | - |
Year Founded | 1968 | - |
Year Franchised | 1975 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $7500 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Our Goal Is Your Success
Are you looking for a chance to operate your own business while enjoying the security of an established brand and product? Pizza Pizza offers you the best of both worlds and the financial security to build your future and success. We have over 500 locations across Canada, operated by professionals who share the same core values that have made Pizza Pizza one of the most successful pizza chains in the country.
The Pizza Pizza Opportunity
Consider What Canada's Most Successful Pizza Chain Has To Offer You:
The opportunity to operate your own business under the umbrella of Canada's most dynamic pizza company.
* An investment in your future
* One number ordering centre
* Highly developed retail marketing plans
* Effective and coordinated advertising: most recognized jingles and phone numbers
* Streamlined central supply source
* Comprehensive training program: theoretical, practical and on-site
* Knowledgeable field support team
* Site selection and lease negotiation.
Award Winning Pizza: The Mama Mimi's Take 'N Bake Pizza restaurant offers legitimate National and International Awards for "Best Pizza", as voted by expert chefs and judges in prestigious competitions. No biased polls, no dubious claims, and no asterisks qualifying the results: Just recognizably GREAT pizza! Targeted Development Markets and Areas: We are currently limiting our opportunities to develop Mama Mimi's Take 'N Bake Pizza restaurant to the Midwest. We prefer to develop in Ohio, Michigan, Illinois, Indiana, Kentucky, West Virginia, and Pennsylvania. We will consider other areas, depending on the strength and organization of the prospective franchisee. Single Unit Franchises: We offer single unit franchises to qualified Applicants interested in developing in the above described markets. An Applicant interested in developing a single Franchised Restaurant must demonstrate a $200,000 net worth, with a minimum of liquid capital in the amount of $40,000. Multiple Unit Franchises: We will offer the exclusive right to develop Mama Mimi's Take 'N Bake Pizza restaurant in a mutually agreed upon Territory, with an agreed upon development schedule. The Initial Franchise Fee is $20,000 for the first Franchised Restaurant developed, and each Franchise Fee thereafter is $15,000. We require a Development Deposit of $2,000 for each Franchised Restaurant you commit to develop in your Territory after the first unit.