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Below is an in-depth analysis and side-by-side comparison of Freshslice Pizza vs Romeo's 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 | $130,000 - $325,000 | $128,000 - $470,500 |
Franchise Fee | $50,000 | $25,000 |
Royalty Fee | 0 | 5% |
Advertising Fee | 0 | 1-2%co-op 3% local |
Year Founded | 1999 | - |
Year Franchised | 2000 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - Be entrepreneurial. - Have management experience. - Process partnership mentality. - Have food or retail experience. - Be financially stable. - Be passionate about the Freshslice brand. | 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 |
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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 | The initial training is 15 days full time. The Training is held in one of our Training Stores. | 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 | - Business coach. - Buying power. - Marketing power. - Ongoing training. - Financing power. - Pre-opening 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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Freshslice Franchise Blows Away The Competition! No Royalty fees forever! No Advertising fees forever! Before you think your eyes tricked you, you read the above information correctly.Freshslice's franchise really has NO royalty or advertising fees forever! This is one of the main reasons we grew from one location in 1999 to almost 80 today. # Comprehensive in-store training # Complete store set-up and new store opening assistance # Complete set of operations manuals # Complete accounting and accurate detailed reporting system # On-going operational support # On-going training for new product development and launches # Merchandising support and marketing programs Franchisees purchase dough from Freshslice at a considerable discount than from other suppliers. That is one of the main reasons we can offer such GREAT VALUE to the consumer. To discover how a Freshslice business can help you realize your financial goals faster and easier than most other businesses, go to http://www.freshslice.com/franchise/ and learn more.