Glass Nickel Pizza Company vs Romeo's Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Glass Nickel Pizza Company vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$613,000 - $1,236,500 | $128,000 - $470,500 |
Franchise Fee |
$25,000 | $25,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
1% | 1-2%co-op 3% local |
Year Founded |
1997 | - |
Year Franchised |
2007 | - |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met:
Single Unit
$100,000 in cash or cash equivalents
$250,000 in net worth
Multi-Unit Development
$200,000 in cash or cash equivalents
$800,000 net worth
Relevant food service operations experience is required by either the potential franchisee or the franchisee's Operating Partner. This is the single most important factor for success. We also require the Operating Partner to have ownership interest in the organization if the franchisee does not have operations experience.
|
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | The training program is 4-6 weeks. This program will provide the skills and knowledge to become a Romeo's franchisee. Training will occur at one of Romeo's Pizza Training Restaurants and the Home Office in Medina, Ohio. The Romeo's training includes education on the following:
Station Training
Management Skills
Problem Solving
People Development
Financial Analysis
Local Store Marketing
Relentless Pursuit of Pizza Perfection
|
Support |
- | The Romeo's Executive Team will work to design a program tailored to the specific needs of the potential franchise partner. The potential franchisee and their team will be ready for revenue at the end of the training program.
Throughout the process, Romeo's will work with the potential franchisee to complete a business plan. The potential franchisee's team will work with Romeo's franchise development, operations and marketing professionals which will help and assist them in developing, marketing and operating a Romeo's Pizza franchise. |
Marketing |
- | - |
Operations |
- | The franchisee or a designated Operating Partner will be required to actively manage the day-to-day operations of the business. As such, the franchisee or the designated Operating Partner must live in the area to be developed and possess prior restaurant/retail supervisory experience commensuration with the number of restaurants that are planned for development. |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Glass Nickel Pizza Company
On November 5th, 1997 the first Glass Nickel Pizza Co. opened its doors in Madison, WI and has been making critically acclaimed delicious pizza ever since. Consistently named best pizza in Madison, the Glass Nickel Pizza Co. now has several independently owned locations around Wisconsin and has established a uniquely fresh and creative menu. This menu features over 15 original specialty pizzas along with salads, subs, sandwiches, pastas, and even chicken and fish options.
Each Glass Nickel Pizza Co. works hard not only to provide great food and service, but to serve their community and build a trusting relationship with every customer.
Looking to take a new path?
Owning your own business is a challenging yet extremely rewarding undertaking.
The Glass Nickel Pizza Co., is looking for hard working, fun and intelligent people to join our team.
About Romeo's Pizza
Romeo's Pizza is inviting entrepreneurs to explore franchise ownership opportunities with Romeo's Pizza. Romeo's Pizza is ready to fuel growth, especially in the Columbus market, and is seeking seasoned restaurant operators, entrepreneurs or investors who have interest in joining this award-winning brand.
We're looking for franchise partners who are passionate about customer service and who possess a strong desire to provide award-winning pizzas to the members of their community. Romeo's Pizza has a proven business model and many franchise partners have multiple stores because of the success they experienced with their first store. We have been voted Best Pizza in Columbus 4 years running. The Columbus DMA offers a great potential for us. We've only just scratched the surface in this market with our 9 stores and there is room to add an additional 10-20 stores in this market.
Romeo's Pizza has single and multi-store opportunities available in Ohio. Area development opportunities exist outside of Ohio. Romeo's Pizza offers ongoing training and support in leadership skills, financial analysis, local store marketing, strategic planning, product training, safe food handling and business development. If your passion is pizza and you want to join an award-winning brand, please review additional information at
http://romeospizza.com/franchising.php.
We are looking for successful people with a history of business that have the passion to be in the food service industry. Minimally, the following criteria must be met:
Single Unit
$100,000 in cash or cash equivalents
$250,000 in net worth
Multi-Unit Development
$200,000 in cash or cash equivalents
$800,000 net worth
The total investment necessary to begin operation of a Restaurant under a
franchise agreement is $128,000 to $403,000. This includes $25,000 that
must be paid to the franchisor or their affiliate for the initial
franchise fee.
The total investment necessary to begin operation of a
Restaurant under a development agreement depends on the number of
Restaurants that you are authorized to develop and ranges from $143,000
to $470,500. This includes $25,000 that must be paid to the franchisor
or their affiliate for the initial franchise fee for your first
Restaurant and a development fee of $7,500 for each additional
Restaurant that you are authorized to establish under the development
agreement.
Under a development agreement, the minimum number of Restaurants that you may be authorized to develop is
three and the maximum number of Restaurants that you may be authorized
to develop is ten.