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Below is an in-depth analysis and side-by-side comparison of 241 Pizza vs Nancy's Pizzeria including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $190,000 - $235,000 | $320,000 - $360,000 |
Franchise Fee | $20,000 | $20,000 |
Royalty Fee | 5% of all Sales or $350/ week | - |
Advertising Fee | 3% or $345/mo. | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | *Desire to provide the highest quality service and product to customers. *Personal potential for business success. *Adherence and integrity to the business plan. *Managerial skill and aptitude. *Capital investment requirements. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Both classroom instruction and on-the-job training for approximately 50 hours per week. It covers basic principals of management, food preparation, customer service and other details vital to the success of your new business. 241 Pizza will provide an extensive training program covering all aspects of store operations including food preparation, operating policies, equipment maintenance, selling and merchandising, management and financial control, etc. This program is three weeks in duration and is held at one of our designated training stores. | - |
Support | Comprehensive, confidential 241 Pizza Operations Manual covering the important facets of your restaurant's operation. Ongoing advice and guidance from your Business Development Manager (BDM), including: *Recruiting, Hiring, Training and Maintaining Sufficient Staff Levels *Business Planning, Projecting and Budgeting *Maximizing Financial Performance *Cost Controls *Cash Flow Management *Customer and Community Relations *Maintaining High Operational Standards for Focusing on Quality, Service, Cleanliness & Value *Safety and Security *Food Management and Sanitation 241 Pizza National Office maintains skilled personnel to ensure efficient administration and program coordination. Regardless of the level of industry experience you may or may not have, we will provide with the guidance and training you will need to efficiently manage your business. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
It has often been said that the American success story is based on inventing and introducing a product for which the public has been waiting... Stuffed Pizza, the invention of Nancy and Rocco Palese, is how Nancy's Pizza was born. Nancy and Rocco had lived most of their adult lives in Turin, Italy, making pizzas, before immigrating with their three children to the United States. After 18 months in Chicago, they opened their first pizza parlor, Guy's Pizza, featuring the then popular thin crust pizza. Business had its ups and downs, and friends tried to get the Palese's to experiment with pan pizza. Rather than imitate, in 1971, Rocco decided to look to his mother's recipes and introduce his own pizza, known as "scarciedda," an Easter specialty cake. The Stuffed Pizza was born! Rocco continued experimenting with his new pizza, trying to perfect its marketability. He went into a solo business, then a partnership, then again tried it on his own before the right combination of circumstances brought to him, to Nancy's Pizza and to stuffed pizza, fabulous success. AND TODAY.Nancy's Pizza has dozens of locations in the Chicago area and other states. It's grown into a streamlined operation, developed and refined over time to render consistent, award winning quality. Any way you slice it, Nancy's Pizza offers you an opportunity to bring Italian tradition and a truly authentic taste of Chicago to your local restaurant market!!!