| ||||
Updated RecentlyPapa Romano's vs Benny's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Papa Romano's vs Benny's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $175,000 - $325,000 | $169,800 - $543,500 |
| Franchise Fee | $9,500 | $30,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1970 | 2011 |
| Year Franchised | 1985 | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | We provide you with comprehensive training. If you are purchasing a new franchise, there is no additional charge for training. There may be a fee for training if you are purchasing an existing Papa Romano's unit. Training will take place at one of our designated Metro Detroit training stores. Once your store is opened we will provide you with an onsite training instructor to help you get off to a great start. | - |
| Support | - | - |
| Marketing | We provide you with ongoing support from the day of your grand opening and beyond. We strive to work with our franchisees to develop programs that will assist in their success. All of our marketing and advertising programs (television, radio, and direct mail) support our continued commitment to quality. | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Papa Romano's
In 2007 we had approximately 45 franchised Papa Romano's Units located in Michigan. Most of our units are located in the Metropolitan Detroit area. However, we also have franchised stores located in Holland and Lewiston, MI.
Our organization has established standards and may well afford you financial independence. However, YOUR management skills, drive and desire are an essential ingredient to your success.
At Papa Romano's, we have proven that quality speaks for itself.
We offer franchises for operating a carryout, delivery and/or sit-down restaurant that offers pizza, subs, salads, chicken, pasta, breads and other Italian prepared foods.
Research and Development
We are always looking for new menu items to meet customer demand, more efficient production methods and state of the art equipment. As an independent businessperson you would be able to take advantage of this ongoing research and development.
What do I do Next?
GIVE US A CALL AT (248) 888-7272 and we'll be happy to mail you a Franchise Application.
About Benny's
!["Bennys]("https://fddexchange.com/wp-content/uploads/2020/07/Bennys.png")
Benny’s is quickly expanding and looking for people with the drive to achieve their own success story.
Franchising a Benny’s is an amazing opportunity to become tight
within your community, be part of an exciting and respected business,
and secure an impressive ROI.
The total investment necessary to begin operation of a franchised
Benny’s restaurant is $169,800 to $533,500. This includes $30,000 that
you must pay to the franchisor or their affiliate.
The franchisor primarily offers multi-unit franchises under which you agree to open and operate a specified number of Benny’s restaurants over an agreed period of time within a defined geographic area. If you sign a multi-unit agreement (covering three or more units), your total initial investment will be $179,800 to $543,500 plus $5,000 for each additional agreed unit after the third unit. This includes $40,000 plus $5,000 for each unit in your development schedule after the third unit that you must pay to the franchisor or their affiliate.
The franchisor primarily offers multi-unit franchises under which you agree to open and operate a specified number of Benny’s restaurants over an agreed period of time within a defined geographic area. If you sign a multi-unit agreement (covering three or more units), your total initial investment will be $179,800 to $543,500 plus $5,000 for each additional agreed unit after the third unit. This includes $40,000 plus $5,000 for each unit in your development schedule after the third unit that you must pay to the franchisor or their affiliate.