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Below is an in-depth analysis and side-by-side comparison of Russo's New York Pizzeria vs Italian Joe's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $400,000 - $1,500,000 | $78,000 - $2,400,000 |
Franchise Fee | $49,500 | $8,500 |
Royalty Fee | 7% | $850/mo. |
Advertising Fee | 2% | $125/mo. |
Year Founded | 1978 | 2008 |
Year Franchised | 1998 | 2009 |
Term Of Agreement | 10 years +5 | - |
Term Of Agreement | 10 years +5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Corporate Store, Houston, TX . 8 Week GM & Key Supervisor Training and Certification. | - |
Support | Central Data Processing: At Additional Cost
Field Operation Evaluation: At Additional Cost Field Training: At Additional Cost Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | - |
Marketing | - | - |
Operations | Average Number of Employees: 10 Full-time, 6 Part-time Passive Ownership: Allowed, But Discouraged | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Russo's Restaurants is a national and international franchisor of the fast casual and casual dining brands Russo's New York Pizzeria and Russo's Coal-Fired Italian Kitchen. Based in Houston, Russo's Restaurants are composed of a mix of corporate and franchised locations across Texas, Oklahoma, Arkansas, Tennessee, Florida and Hawaii. Russo's has entered international markets as well, with locations in Dubai, Abu Dhabi and Sharjah in the United Arab Emirates. There are an additional 20-plus units in development both in the United States and internationally. Chef Anthony Russo has created his concepts from years of applying his unique, family recipes featuring New York-style pizza along with a broad variety of handcrafted pasta creations, calzones, salads, sandwiches, soups and desserts, reflecting his commitment to his New York roots where food and family come first.
Become part of a growing global franchise; Italian Joe's is owned by Complete Express Foods, a privately held corporation dedicated to the design, development and marketing of fast casual restaurants. Complete Express Foods supports its franchisees by providing seasoned real estate guidance, ongoing operational support, and turnkey marketing programs designed to optimize profitability and boost register receipts. We are currently offering: Single store, Area development, and Master franchise agreements for all of Complete Express Foods branded concepts, which includes a variety of good-for-you branded concepts that are in step with today's growing trend towards low-fat, nutritious eating. They include Italian Joe's, Brewster's Chicken, and Carla's ~ Sandwiches and Burgers - all of which deliver strong unit economics, people-pleasing menus and operational ease. Complete Express Foods is also offering co-branded opportunities to both existing franchisees as well as new prospects.