|
Below is an in-depth analysis and side-by-side comparison of Round Table Pizza vs Broadway Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $327,300 - $1,061,250 | $860,000 - $1,354,500 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 4% | - |
Advertising Fee | 4% | - |
Year Founded | 1959 | - |
Year Franchised | 1962 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | * Foodservice industry experience as an owner/operator or manager with P & L responsibility * Demonstrated ability to lead and manage people * Customer service skills * Strong business acumen and financial management skills * $200,000 in unleveraged liquid assets * $500,000 net worth | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | Round Table's Skills Training Program (STP) is a comprehensive management training curriculum designed to support the ongoing training needs and requirements of our franchisees. The program encompasses modules for new franchise owners and multi-unit operators, managers and assistant managers, shift managers and crew leaders and general crewmembers. Prior to opening, new franchise owners are required to successfully complete a one-week business planning and leadership class at our Concord, CA headquarters. On-The-Job Training: 180 hours Classroom Training: 16 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Broadway Bar & Pizza® began in the back of Broadway Bar in 1953. We've come a long way since John Spallacci and his mother were making crust and sausage in that little room on Broadway in North Minneapolis.
Today, Broadway Bar & Pizza® is a concept that combines an award-winning menu with a fun, casual atmosphere. We offer many concepts to meet your needs, your demographics, your financial requirements and your site.
Broadway Bar & Pizza® caters to your needs and to your audience. Each location is fun and unique, and all offer award-winning food! Broadway Bar & Pizza® has been critically acclaimed for over 60 years.
Our signature is our pizza! Three enticing crust varieties: Thin crust, New York style, and Deep Dish. Can we tempt you with Lunch and Dinner Buffets? Combine our food with true franchise support from opening and beyond, from operations to marketing, add in tremendous growth potential and you have a genuine recipe for success!
Broadway Pizza® Express limited service franchise is
$136,400 to $356,500. This includes the initial fee of $15,000