|
Below is an in-depth analysis and side-by-side comparison of Mama Mimi's vs LaRosa's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $97,600 - $159,800 | $729,200 - $1,927,000 |
Franchise Fee | $20,000 | $35,000 |
Royalty Fee | 4.5% - 5% | 4% |
Advertising Fee | - | 4% |
Year Founded | - | 1954 |
Year Franchised | - | 1967 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | We're looking for multi-unit foodservice and retail operators, as well as other investors who have a history of business success. While restaurant experience is preferred, franchise candidates with other professional backgrounds are encouraged to apply, but will be required to employ experienced and qualified restaurant operators as a General Manager in each LaRosa's Pizzeria. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 280-320 hours Classroom Training: 40-80 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | If you have restaurant management experience, you may wish to work day to day in the operation of your LaRosa's pizzeria. If you don't have restaurant management experience or choose not to work day to day in the operation of your LaRosa's pizzeria, an experienced restaurant General Manager must be hired to run day to day operations. |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Award Winning Pizza: The Mama Mimi's Take 'N Bake Pizza restaurant offers legitimate National and International Awards for "Best Pizza", as voted by expert chefs and judges in prestigious competitions. No biased polls, no dubious claims, and no asterisks qualifying the results: Just recognizably GREAT pizza! Targeted Development Markets and Areas: We are currently limiting our opportunities to develop Mama Mimi's Take 'N Bake Pizza restaurant to the Midwest. We prefer to develop in Ohio, Michigan, Illinois, Indiana, Kentucky, West Virginia, and Pennsylvania. We will consider other areas, depending on the strength and organization of the prospective franchisee. Single Unit Franchises: We offer single unit franchises to qualified Applicants interested in developing in the above described markets. An Applicant interested in developing a single Franchised Restaurant must demonstrate a $200,000 net worth, with a minimum of liquid capital in the amount of $40,000. Multiple Unit Franchises: We will offer the exclusive right to develop Mama Mimi's Take 'N Bake Pizza restaurant in a mutually agreed upon Territory, with an agreed upon development schedule. The Initial Franchise Fee is $20,000 for the first Franchised Restaurant developed, and each Franchise Fee thereafter is $15,000. We require a Development Deposit of $2,000 for each Franchised Restaurant you commit to develop in your Territory after the first unit.
A Successful Brand with Proven Guest Appeal and Consistent Sales Since 1954. That's what makes us LaRosa's!
In the restaurant business, somebody is always trying to franchise "the next big thing." No doubt you've seen dozens of them come and go. Doesn't it make more sense to find a stable and rewarding business concept with a strong track record?
Take a closer look at franchising with LaRosa's. For nearly 60 years, we've offered delicious family-recipe food and great service to Guests in Ohio, Indiana, and Kentucky. Now we're looking to expand outside our Midwestern home with the help of smart Franchise Owners like you.
One of our principal strengths is that we've been in business nearly 60 years, providing great food and service to our Guests. Our first franchised pizzeria opened in 1967. Not many franchises out there can say that.
Five more reasons why franchisees join our family...
*Dependable Growth
*Product Quality
*Dedicated Fans
*Innovation
*Superior Training
Our over 75 outlets serve real Italian flavor from real family recipes. Contact us to get started.
Seeking new franchise units in Indiana, Kentucky, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia