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Below is an in-depth analysis and side-by-side comparison of Romeo's Pizza vs Rapid Fired 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 | $128,000 - $470,500 | $340,000 - $450,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1-2%co-op 3% local | 3% |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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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 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 | Expect to have in-store training last about a week after construction is completed prior to opening your location. Employee "live training" via a Friends and Family night or VIP event. |
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 | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
RAPID FIRED PIZZA was founded by experienced restauranteurs with a focus on streamlined operations, clear training systems for employees, and a very strong focus on unit economics. With in-house demographic analysis, customer information gathering, graphic design, marketing, architectural design, and real estate leasing, RAPID FIRED PIZZA is well positioned to support our franchisees. With extensive knowledge of all aspects of the restaurant industry and its customers, RAPID FIRED PIZZA is a recipe for success.
RAPID FIRED PIZZA has an Amazingly Good, Amazingly Fast product, simplified operations and a low cost of entry. We utilize systems and equipment that enable the employees to produce an amazing product every time. Our pizzas are available on thin, pan or gluten free crusts with a choice of eight sauces, eight cheeses, eight meats, twenty veggies and twelve dipping sauces. We also offer craft and custom salads for those who are counting calories or watching their carbs. Where available, we encourage bottled beer and single serve wine to be offered.