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Below is an in-depth analysis and side-by-side comparison of Monical's Pizza vs Mama Mimi's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $383,050 - $957,200 | $97,600 - $159,800 |
Franchise Fee | $45,000 | $20,000 |
Royalty Fee | - | 4.5% - 5% |
Advertising Fee | - | - |
Year Founded | 1959 | - |
Year Franchised | 1968 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
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 | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
In 1959 the Monical family started making pizzas in the little town of Tolono, Illinois. Before long, their recipe became a hit with many of their local friends and neighbors. Thus was born Monical’s Pizza, a name that over the years has become synonymous locally with the very finest thin crust pizza.
Today there are over 60 Monical’s Pizza restaurants, primarily located throughout Central Illinois with several in Indiana, one in Missouri, and one in Wisconsin. Monical’s great pizza has evolved into a dining tradition for countless families and into a financially-solid steadily-growing foodservice institution. In an intensely competitive business environment, Monical’s Pizza has managed not only to keep up, but outpace many of its larger competitors. There are two reasons for this record of performance: People and Vision.
The Monical’s mission is simply stated as The Family Pleaser®…People Pleasing People®
The Monical’s vision is "In a world that pulls people apart… we bring people together”
Over the years, Monical’s Pizza has grown from a local pool hall pizzeria into a sophisticated, competitive multi-million dollar company. Monical’s has matured and flourished into a productive and efficient organization committed to providing value to guests and purpose to all of our team members. If you’re seeking a restaurant franchise that is backed by a solid reputation and strong traditions, you’ll find your ideal in Monical’s Pizza.Award Winning Pizza: The Mama Mimi's Take 'N Bake Pizza restaurant offers legitimate National and International Awards for "Best Pizza", as voted by expert chefs and judges in prestigious competitions. No biased polls, no dubious claims, and no asterisks qualifying the results: Just recognizably GREAT pizza! Targeted Development Markets and Areas: We are currently limiting our opportunities to develop Mama Mimi's Take 'N Bake Pizza restaurant to the Midwest. We prefer to develop in Ohio, Michigan, Illinois, Indiana, Kentucky, West Virginia, and Pennsylvania. We will consider other areas, depending on the strength and organization of the prospective franchisee. Single Unit Franchises: We offer single unit franchises to qualified Applicants interested in developing in the above described markets. An Applicant interested in developing a single Franchised Restaurant must demonstrate a $200,000 net worth, with a minimum of liquid capital in the amount of $40,000. Multiple Unit Franchises: We will offer the exclusive right to develop Mama Mimi's Take 'N Bake Pizza restaurant in a mutually agreed upon Territory, with an agreed upon development schedule. The Initial Franchise Fee is $20,000 for the first Franchised Restaurant developed, and each Franchise Fee thereafter is $15,000. We require a Development Deposit of $2,000 for each Franchised Restaurant you commit to develop in your Territory after the first unit.