Start-Up Costs and Fees |
||
| Captain Tony's | Romeo's Pizza | |
| Investment | 197550 - 389800 | 128000 - 470500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.5% w/cap | 5% |
| Advertising Fee | 2% | 1-2%co-op 3% local |
| Year Founded | 1972 | 0 |
| Year Franchised | 1985 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Captain Tony's | Romeo's Pizza | |
| 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 |
||
| Captain Tony's | Romeo's Pizza | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Captain Tony's | Romeo's Pizza | |
| Training | On-The-Job Training: up to 168 hours | 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 | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of employees needed to run franchised unit: 5 - 10 100% of current franchisees are owner/operators | 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 |
||
| Captain Tony's | Romeo's Pizza | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Captain Tony's | |
| Romeo's Pizza | |
| Franchise Fee | |
| Captain Tony's | |
| Romeo's Pizza | |
| Royalty Fee | |
| Captain Tony's | 4.5% w/cap |
| Romeo's Pizza | 5% |
| Advertising Fee | |
| Captain Tony's | 2% |
| Romeo's Pizza | 1-2%co-op 3% local |
| Year Founded | |
| Captain Tony's | 1972 |
| Romeo's Pizza | 0 |
| Year Franchised | |
| Captain Tony's | 1985 |
| Romeo's Pizza | 0 |
| Term Of Agreement | |
| Captain Tony's | 20 years |
| Romeo's Pizza | |
| Renewal Fee | |
| Captain Tony's | |
| Romeo's Pizza | |
Business Experience Requirements |
|
| Experience | |
| Captain Tony's | |
| Romeo's Pizza | 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 |
|
| Franchise Fees | |
| Captain Tony's | No |
| Romeo's Pizza | No |
| Start-up Costs | |
| Captain Tony's | |
| Romeo's Pizza | |
| Equipment | |
| Captain Tony's} | |
| Romeo's Pizza | |
| Inventory | |
| Captain Tony's | |
| Romeo's Pizza | |
| Receivables | |
| Captain Tony's | |
| Romeo's Pizza | |
| Payroll | |
| Captain Tony's | |
| Romeo's Pizza | |
Training & Support |
|
| Training | |
| Captain Tony's | On-The-Job Training: up to 168 hours |
| Romeo's Pizza | 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 | |
| Captain Tony's | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Romeo's Pizza | 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 | |
| Captain Tony's | Social media SEO Website development Email marketing Loyalty program/app |
| Romeo's Pizza | |
| Operations | |
| Captain Tony's | Absentee Ownership Allowed Number of employees needed to run franchised unit: 5 - 10 100% of current franchisees are owner/operators |
| Romeo's Pizza | 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 | |
| Captain Tony's | |
| Romeo's Pizza | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Captain Tony's | |
| Romeo's Pizza | |
| International Expansion | |
| Captain Tony's | |
| Romeo's Pizza | |