|
Below is an in-depth analysis and side-by-side comparison of 241 Pizza vs MOD Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $190,000 - $235,000 | $714,000 - $1,900,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 5% of all Sales or $350/ week | 5% |
Advertising Fee | 3% or $345/mo. | 2% |
Year Founded | - | 2008 |
Year Franchised | - | 2008 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
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 |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
When Scott and Ally Svenson founded MOD Pizza in 2008, they knew the
last thing the world needed was another pizza place. In their hometown
of Seattle, they imagined a new way for people to enjoy pizza, by
bringing speed, individual style and value to one of America’s favorite
foods. But the real secret sauce wouldn’t be the product, it would be
the people who serve our communities - the MOD Squad. By taking care of
employees, they would take care of the customers, and the business would
take care of itself. It’s how we’ve built a culture of opportunity,
belonging and community since 2008, and it’s catching on
wholeheartedly.
If you’re in a State where MOD exists, chances are we already have a comprehensive plan to grow that entire state. If you’re in a state without a MOD, and you’d like to learn more, we’d love to hear from you. We’ll get back in touch as soon as possible, normally within a few days.