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Below is an in-depth analysis and side-by-side comparison of Friends and Family vs Russo's Coal-Fired Italian Kitchen including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $400,000 - $600,000 | $295,000 - $750,000 |
Franchise Fee | N/A | $49,500 |
Royalty Fee | - | 7% |
Advertising Fee | - | 2% |
Year Founded | 2005 | 1992 |
Year Franchised | 2007 | 1998 |
Term Of Agreement | - | 10 years+5 |
Term Of Agreement | - | 10 years+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | 8 Week GM & Key Supervisor Training and Certification |
Support | - | - |
Marketing | - | - |
Operations | - | On site pre and post opening training and operational support with quarterly QA Visits. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
As of January 2007, Friends & Family Enterprises, LLC is now actively seeking to place new Friends & Family Pizza Buffet franchises throughout Pennsylvania and the surrounding areas. This now provides qualified applicants an opportunity to operate and own an eat-in pizza buffet restaurant franchise. As a future franchisee, you would be part of a growing organization dedicated to developing this new and innovative restaurant concept throughout the northeastern US market.