| ||||
Updated RecentlyPapa Gino's Pizzeria vs Romeo's Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Papa Gino's Pizzeria vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $606,128 - $856,201 | $128,000 - $470,500 |
| Franchise Fee | $20,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 3% | 1-2%co-op 3% local |
| Year Founded | 1968 | - |
| Year Franchised | 2006 | - |
| Term Of Agreement | 20 Years | - |
| Term Of Agreement | 20 Years | - |
| Renewal Fee | $10000 | - |
Business Experience Requirements |
||
| 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 |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| 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 |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Papa Gino's Pizzeria
Since the first Papa Gino's opened in 1968 we've become New England region's premier Italian restaurant chain. You can get Papa's signature quality and unique flavor at over 175 Papa Gino's Pizzerias.
We feature a time-tested menu of pasta, Panini sandwiches, appetizers, salads and other authentic Italian specialties to compliment our classic and specialty pizzas. Today, we're adding something else to our offerings: exciting franchise opportunities.
Papa Gino's has a loyal and expanding customer base. Sixty percent of our guests visit three times per month. We are visited by 13 million guests annually. Papa Gino's is the official pizza of the New England Patriots and the Boston Red Sox. With a brand new inviting decor, Papa Gino's is attracting customers like never before.
Papa Gino's plan to add 175 new restaurants in the next five years, offering single unit franchises throughout New England and multi-unit development in greater Orlando, FL. Expansion may be considered in other U.S. markets to qualified investors who develop a minimum of 20 units.
Papa Gino's Pizzeria assists our franchisees with identifying the best areas in your market for restaurant locations. We offer a comprehensive training program and on-site start up assistance. With your commitment and hard work, Papa Gino's will provide you with everything needed to build your business. Become a Papa Gino's franchisee and be part of our continued growth and success. Join us.