| ||||
Updated RecentlyFamoso Neapolitan Pizzeria vs Romeo's Pizza Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Famoso Neapolitan Pizzeria vs Romeo's Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $503,000 - $609,000 | $128,000 - $470,500 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 1-2%co-op 3% local |
| Year Founded | 2007 | - |
| Year Franchised | 2009 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | Famoso actively seeks individuals who have the potential to be great partners. Our franchisees should have personal financial qualifications, individual motivation, a track record for success, and a passion for the service industry. | 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 first week we take you to Naples, Italy for an opportunity to visit real Neapolitan pizzerias, taste authentic pizza, visit some of our ingredient suppliers, and learn about Neapolitan culture. We then put you and your management team (3 people) through 5-7 weeks of one-on-one training in one of our locations. | 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 | Location, location, location! Famoso works exclusively with our commercial real estate teams to secure top quality sites across the country. Our real estate teams know the Famoso brand well, and know what demographics, neighborhoods, and trade areas fit our brand. They represent us with pride and dignity when dealing with landlords; which strengthens our relationships and reputation. This works to our franchisees benefit, which is evident in our solid base of existing locations. We make ourselves available for questions and requests. We also focus on maintaining consistency in our branding, food, and service between stores. We base Famoso's success on our reputation, and we work hard to ensure all Famoso's are upholding this reputation. Famoso has negotiated contracts with suppliers to ensure that each pizzeria receives the same products at competitive pricing. Furthermore, the systems and tools used by Famoso ensure accurate inventory levels, freshly and properly prepared ingredients, and consistent recipes. | 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 | Famoso develops and executes strategies that will make our pizzerias busier. Franchisees' ability to execute in-store strategies also has a significant impact on the level of success of each franchise. | - |
| 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 | No | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
About Famoso Neapolitan Pizzeria
Famoso Neapolitan Pizzeria was founded on the passion for authentic, fire-roasted pizzas from Naples, Italy. Naples is the birthplace of pizza, where eating a margherita pizza is a daily ritual and where culinary traditions in pizza making have gone unchanged for 200 years. Whether you eat it on the streets of Naples, or inside Famoso Neapolitan Pizzeria, experiencing authentic Neapolitan pizza is an unforgettable experience. Our concept is a licensed fast casual pizzeria that offers authentic Neapolitan pizzas, fresh salads, espresso and gelato/desserts in a counter-ordering format with added service. Our room boasts atmosphere and style allowing for a comfortable meal whether it's a quick lunch or a wine-filled evening. What makes our pizzas unique to North America is our passionate adherence to the strict standards of the Associazone Verace Pizza Napoletana, a Naples-based organization dedicated to preserving the standards of authentic pizza. We import our flour and tomatoes from Naples, and every pizza is topped with fior-di-latte(fresh whole milk mozzarella). After being cooked in our 900 degree fire oven for 90 seconds, the final product becomes a thin-crust pizza that cannot be compared to any pizza available on the market today. It is light, both soft and crispy and because of the low levels of gluten in the flour, allows you to digest and feel great. Some of our pizzas combine the dough and cooking technique of Naples with some non-Italian flavours, which appeals to a broad spectrum of customers. Igniting the passion - Our franchisee trips to Naples Famoso is not just another pizza place. Our identity is so tied to authenticity, that it's difficult to open multiple locations with multiple franchisees without dedicating some time to experiencing authenticity first hand. That is why we take all of our franchisees to Naples, Italy for a week to eat real Napoletana pizza in 120 -year old pizzerias and experience the vibrant culture of Naples. Italians are very passionate and proud of their culinary history, and it's important for North Americans to adopt this passion - especially if we're representing their food to the world. Our visits to local farmers, local pizzeria owners, and some of our actual suppliers, give us knowledge and appreciation for the art of Neapolitan pizza.