|
Below is an in-depth analysis and side-by-side comparison of Boombozz Pizza vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,077,000 - $1,867,000 | $128,000 - $470,500 |
Franchise Fee | $20,000 - $30,000 | $25,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 1% | 1-2%co-op 3% local |
Year Founded | - | - |
Year Franchised | - | - |
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 |
Canada Expansion | - | - |
International Expansion | - | - |
At BoomBozz, customers come first. With the award-winning creative menu, customers
are limited only by their own imaginations. The Boombozz matrix of
choices gives them the ultimate freedom of choice. We are obsessed with
the art of making the perfect pizza by sourcing and preparing the finest
toppings available. We start with hand-crafted dough with a hint of
olive oil. Our signature pizza sauce is made with tomatoes that are
rushed from the field and fresh-packed within six hours, never from
concentrate. We smother our pizzas with only 100% cheese that is
selected from the finest cheese makers. Farm fresh toppings and fresh
cut vegetables finish our picturesque pies. In addition to amazing
pizzas, popular menu options include: Award-winning wings, golden-baked
sandwiches, tasty and flavorful pastas and crisp freshly made salads.