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Below is an in-depth analysis and side-by-side comparison of Russo's Coal-Fired Italian Kitchen vs Panini Pasta 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 | $295,000 - $750,000 | $175,000 - $500,000 |
Franchise Fee | $49,500 | $30,000 - $40,000 |
Royalty Fee | 7% | - |
Advertising Fee | 2% | - |
Year Founded | 1992 | 1979 |
Year Franchised | 1998 | 1995 |
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 | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
In 1995 The MTY Group built up the PANINI - PIZZA and PASTA idea, which blends a couple of years after the fact with the Vanelli's eateries. Furthermore, MTY turns into an auxiliary of Golden Sky Ventures International Inc., an organization recorded on the Vancouver Stock Exchange.Panini offers you a huge choice of hand crafted pizzas presented with your decision of new garnishes.
Our pasta claims to fame menu permits you to make your own particular pizza-pasta combo. Panini's particular and cooked to flawlessness sauces make our pasta fortes emerge. Our menu additionally incorporates a full line of garden new plates of mixed greens, sandwiches, submarines, French fries and other great Italian top choices. Panini - Pizza - Pasta Something for everybody in the family to appreciate!