|
Below is an in-depth analysis and side-by-side comparison of Round Table Pizza vs Wally's Old Fashioned 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 | $143,750 - $161,500 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 4% | - |
Advertising Fee | 4% | - |
Year Founded | 1959 | 1978 |
Year Franchised | 1962 | 0 |
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 | - |
We offer franchises for the operation of a "Wally's Pizza and Subs" business providing unique quick-service restaurant for carry out pizza, subs, salads and other food items, beverages and proprietary products under the name "Wally's Pizza and Subs." Wally's Franchise Systems, Inc. also engages in retail sales of proprietary food products and merchandise. The Franchise is operated in a free standing building or within a strip mall or retail rental location. The distinguishing characteristics of a Wally's Pizza and Subs include distinctive interior design, decor, color scheme, fixtures and furnishing, menus, recipes, the style and type of pizza we offer, homemade pizza sauce, competitive pricing, traditional methods, uniform (dress) standards, procedures for management control, training and assistance and advertising and promotional programs.