The Loop Pizza Grill vs Romeo's Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Loop Pizza Grill vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
The Loop Pizza Grill Franchise
Romeo's Pizza Franchise
Investment $525,000 - $900,000$128,000 - $470,500
Franchise Fee $30,000$25,000
Royalty Fee -5%
Advertising Fee -1-2%co-op 3% local
Year Founded 1981-
Year Franchised 1990-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
The Loop Pizza Grill Franchise
Romeo's Pizza Franchise
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
 
The Loop Pizza Grill Franchise
Romeo's Pizza Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
The Loop Pizza Grill Franchise
Romeo's Pizza Franchise
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
 
The Loop Pizza Grill Franchise
Romeo's Pizza Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About The Loop Pizza Grill

The Loop Pizza Grill is a neighborhood fast-casual restaurant that offers the quality and atmosphere of a full-service dining establishment. As a pioneer of the fast-casual segment for 30 years, The Loop Pizza Grill was one of the first restaurants to offer a variety of made-to-order fresh foods in an upscale environment. The Loop serves a variety of signature pizzas, burgers, salads, sandwiches and hand-dipped milkshakes. Open for lunch and dinner, the average sales volume per restaurant is $1.2 million, with guest checks averaging $10. Based in Jacksonville, Fla., The Loop Pizza Grill was founded by Mike and Terry Schneider in 1981 as a 60-seat restaurant.
 
The franchise fee for a single LOOP franchise is $30,000. The fee is payable in two phases: $15,000 at the execution of the agreement, and $15,000 when a lease is signed or training begins.

About Romeo's Pizza

Romeo's Pizza is inviting entrepreneurs to explore franchise ownership opportunities with Romeo's Pizza. Romeo's Pizza is ready to fuel growth, especially in the Columbus market, and is seeking seasoned restaurant operators, entrepreneurs or investors who have interest in joining this award-winning brand. We're looking for franchise partners who are passionate about customer service and who possess a strong desire to provide award-winning pizzas to the members of their community. Romeo's Pizza has a proven business model and many franchise partners have multiple stores because of the success they experienced with their first store. We have been voted Best Pizza in Columbus 4 years running. The Columbus DMA offers a great potential for us. We've only just scratched the surface in this market with our 9 stores and there is room to add an additional 10-20 stores in this market. Romeo's Pizza has single and multi-store opportunities available in Ohio. Area development opportunities exist outside of Ohio. Romeo's Pizza offers ongoing training and support in leadership skills, financial analysis, local store marketing, strategic planning, product training, safe food handling and business development. If your passion is pizza and you want to join an award-winning brand, please review additional information at http://romeospizza.com/franchising.php. 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

The total investment necessary to begin operation of a Restaurant under a franchise agreement is $128,000 to $403,000. This includes $25,000 that must be paid to the franchisor or their affiliate for the initial franchise fee.
The total investment necessary to begin operation of a Restaurant under a development agreement depends on the number of Restaurants that you are authorized to develop and ranges from $143,000 to $470,500. This includes $25,000 that must be paid to the franchisor or their affiliate for the initial franchise fee for your first Restaurant and a development fee of $7,500 for each additional Restaurant that you are authorized to establish under the development agreement.
Under a development agreement, the minimum number of Restaurants that you may be authorized to develop is three and the maximum number of Restaurants that you may be authorized to develop is ten.