241 Pizza vs Romeo's Pizza Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 241 Pizza vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
241 Pizza Franchise
Romeo's Pizza Franchise
Investment $190,000 - $235,000$128,000 - $470,500
Franchise Fee $20,000$25,000
Royalty Fee 5% of all Sales or $350/ week5%
Advertising Fee 3% or $345/mo.1-2%co-op 3% local
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
241 Pizza Franchise
Romeo's Pizza Franchise
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.

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
 
241 Pizza Franchise
Romeo's Pizza Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
241 Pizza Franchise
Romeo's Pizza Franchise
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.

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

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.

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
 
241 Pizza Franchise
Romeo's Pizza Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About 241 Pizza

96 successful locations in Canada and GROWING! * Managed by talented professionals with a proven track record and a dedication to succeed. * A competitive start-up cost for a "turnkey" operation has high Return on Investment (ROI) potential. * No experience necessary. * Single units and area development franchises available.

We have developed a comprehensive and efficient three-week training program that can be easily taught to people interested in owning and operating their own business. Our training and ongoing support allow all of our pizzerias to meet our high standards for product and quality and outstanding customer service. We don't accept mediocrity; we expect excellence in every aspect of our business. We are dedicated to building strong new franchise relationships resulting in a "Win Win" situation.

The 241 Pizza Franchise System includes: 1. Site Selection/Lease Negotiation 2. Business/ Pizzaria Training 3. Food and Equipment Sourcing 4. Pizzaria Opening Assistance 5. Research and Development 6. Marketing Positioning/Brand Awareness 7. Advertising and Promotion 8. Ongoing Business Development 9. Pricing and Quality Controls For More Franchise Information Contact: Richard Straker, Manager of Franchise Development 1-877-241-0-241 x245

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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.