The Loop Pizza Grill vs Modern Market Eatery Franchise Comparison

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

Start-Up Costs and Fees
 
The Loop Pizza Grill Franchise
Modern Market Eatery Franchise
Investment $525,000 - $900,000$755,000 - $1,440,500
Franchise Fee $30,000$40,000
Royalty Fee -5%
Advertising Fee -1%Nat'l+1%Loc.
Year Founded 19812009
Year Franchised 19902020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
The Loop Pizza Grill Franchise
Modern Market Eatery Franchise
Experience --

Financing Options
 
The Loop Pizza Grill Franchise
Modern Market Eatery Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
The Loop Pizza Grill Franchise
Modern Market Eatery Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
The Loop Pizza Grill Franchise
Modern Market Eatery 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 Modern Market Eatery

"Modern
Modern life makes eating out or ordering online a necessity. Modern Market Eatery was born in 2009 in Boulder, CO with the purpose of providing convenient access to clean, nurturing and delicious food. Modern Market Eatery disrupted the fast casual industry because our founding team came from design and finance, not restaurant backgrounds. Modern Market Eatery has truly been reinventing the concept from the kitchen out, putting as much thought into engineering our model for the modern operator as we have for the modern diner.