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Below is an in-depth analysis and side-by-side comparison of Round Table Pizza vs Teresa'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 | $327,300 - $1,061,250 | $132,000 - $214,500 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | 4% | 1% |
Year Founded | 1959 | - |
Year Franchised | 1962 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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 |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Americans eat roughly 350 slices of pizza per second. Get your slice of the $30 billion per year pizza industry with Teresa's Pizza. As a Teresa's Pizza franchise owner, you will be part of the family. Your Teresa's Pizza will have the look and feel of a local, neighborhood eatery, while you have the support of our established restaurant business. We bake our pizzas the old fashioned way: in traditional carousel ovens. Italian recipes passed down from previous generations Huge menu with something for everyone Our experienced corporate team has extensive credentials in food service and other businesses. We'll be there to support you every step along the way. Site selection Lease negotiation Comprehensive training Marketing support Information and support systems Comprehensive two week home office and three week onsite training Full menu of pizza, pasta, wings, salads, sandwiches, subs, and more. If you have strong community values, pay attention to details, enjoy providing a great customer experience, and love pizza, then please visit our website at: http://www.teresaspizza.net/franchise.html