|
Below is an in-depth analysis and side-by-side comparison of Russo's Coal-Fired Italian Kitchen vs Italian Joe's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $295,000 - $750,000 | $78,000 - $2,400,000 |
Franchise Fee | $49,500 | $8,500 |
Royalty Fee | 7% | $850/mo. |
Advertising Fee | 2% | $125/mo. |
Year Founded | 1992 | 2008 |
Year Franchised | 1998 | 2009 |
Term Of Agreement | 10 years+5 | - |
Term Of Agreement | 10 years+5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/Yes | -/- |
Training & Support |
||
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 |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Become part of a growing global franchise; Italian Joe's is owned by Complete Express Foods, a privately held corporation dedicated to the design, development and marketing of fast casual restaurants. Complete Express Foods supports its franchisees by providing seasoned real estate guidance, ongoing operational support, and turnkey marketing programs designed to optimize profitability and boost register receipts. We are currently offering: Single store, Area development, and Master franchise agreements for all of Complete Express Foods branded concepts, which includes a variety of good-for-you branded concepts that are in step with today's growing trend towards low-fat, nutritious eating. They include Italian Joe's, Brewster's Chicken, and Carla's ~ Sandwiches and Burgers - all of which deliver strong unit economics, people-pleasing menus and operational ease. Complete Express Foods is also offering co-branded opportunities to both existing franchisees as well as new prospects.