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Below is an in-depth analysis and side-by-side comparison of Pizza Pizza vs Romeo'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 | $275,000 - $350,000 | $128,000 - $470,500 |
Franchise Fee | $30,000 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 1-2%co-op 3% local |
Year Founded | 1968 | - |
Year Franchised | 1975 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $7500 | - |
Business Experience Requirements |
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Experience | - | 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 |
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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 |
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Training | - | 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 | - | 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 | - | - |
Operations | - | 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 |
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US Expansion | - | Yes |
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.