Russo's New York Pizzeria vs Modern Market Eatery Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Russo's New York Pizzeria vs Modern Market Eatery including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Russo's New York Pizzeria Franchise
Modern Market Eatery Franchise
Investment $400,000 - $1,500,000$755,000 - $1,440,500
Franchise Fee $49,500$40,000
Royalty Fee 7%5%
Advertising Fee 2%1%Nat'l+1%Loc.
Year Founded 19782009
Year Franchised 19982020
Term Of Agreement 10 years +5-
Term Of Agreement 10 years +5-
Renewal Fee --


Business Experience Requirements
 
Russo's New York Pizzeria Franchise
Modern Market Eatery Franchise
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
 
Russo's New York Pizzeria Franchise
Modern Market Eatery Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Russo's New York Pizzeria Franchise
Modern Market Eatery Franchise
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
 
Russo's New York Pizzeria Franchise
Modern Market Eatery Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Russo's New York Pizzeria

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.

About Modern Market Eatery

"Modern
Modern life makes eating out or ordering online a necessity. Modern Market Eatery was born in 2009 in Boulder, CO with the purpose of providing convenient access to clean, nurturing and delicious food. Modern Market Eatery disrupted the fast casual industry because our founding team came from design and finance, not restaurant backgrounds. Modern Market Eatery has truly been reinventing the concept from the kitchen out, putting as much thought into engineering our model for the modern operator as we have for the modern diner.