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Below is an in-depth analysis and side-by-side comparison of Teresa's Pizza vs Firo Fire Kissed Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $132,000 - $214,500 | $454,000 - $1,515,000 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 1% | - |
Year Founded | - | 2014 |
Year Franchised | - | 2017 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Must have a net worth of $900,000 with strong credit. You and your partners must have a minimum liquidity of $250,000 per restaurant to be developed. This includes anything besides home equity that can be converted to cash within 30 days. Retirement accounts such as an IRA or 401 (k) can be considered. |
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 | - | 3 weeks training program for 2 individuals at our Lawton facility |
Support | - | You get access to our brand, recipes & procedures, vendors, training, store build-out & trade dress, website, social media, online ordering, gift card program, etc. Most importantly, you get to be a part of a dynamic organization that is dedicated to serving custom-built, artisanal pizza in a completely new way. This is a top franchising opportunity you need to take advantage of. 5 days of opening support PR and grand opening support Ongoing field visits and franchisor support |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Americans eat roughly 350 slices of pizza per second. Get your slice of the $30 billion per year pizza industry with Teresa's Pizza. As a Teresa's Pizza franchise owner, you will be part of the family. Your Teresa's Pizza will have the look and feel of a local, neighborhood eatery, while you have the support of our established restaurant business. We bake our pizzas the old fashioned way: in traditional carousel ovens. Italian recipes passed down from previous generations Huge menu with something for everyone Our experienced corporate team has extensive credentials in food service and other businesses. We'll be there to support you every step along the way. Site selection Lease negotiation Comprehensive training Marketing support Information and support systems Comprehensive two week home office and three week onsite training Full menu of pizza, pasta, wings, salads, sandwiches, subs, and more. If you have strong community values, pay attention to details, enjoy providing a great customer experience, and love pizza, then please visit our website at: http://www.teresaspizza.net/franchise.html
Our visionary founder assembled a group of recognized restaurant experts
and partnered with internationally renowned chefs to create an
exceptional dining experience at a concept that is uniquely special, but
still replicable. Now, Firo is bringing it’s fire kissed pizza to other
parts of the country through the Firo Fire Kissed Pizza franchise
program. Now is your chance to own a piece of the pie with your own Firo
Fire Kissed Pizza restaurant.
As we set our sights on growing this exceptional concept, it’s good to
know the pizza restaurant industry earns annual revenue of $39 billion
in sales and expected to increase. According to the USDA about one in
eight Americans consume pizza on any given day. There is no doubt that
Americans love their pizzas and savvy business entrepreneurs will love
our franchise program.Next comes the main ingredient, training. You and your managers will
be thoroughly trained at headquarters in Lawton, Oklahoma. The Firo team
will lead you through both classroom and on-the-job training. In the
classroom, some of the topics that will be covered are guest service,
kitchen and food prep steps, inventory, accounting procedures,
management techniques, use of software systems, and much more.