Start-Up Costs and Fees |
||
| LaRosa's | Boston's Restaurant & Sports Bar | |
| Investment | 729200 - 1927000 | 600000 - 3057500 |
| Franchise Fee | ||
| Royalty Fee | 4% | 5% |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 1964 |
| Year Franchised | 1967 | 1978 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LaRosa's | Boston's Restaurant & Sports Bar | |
| Experience | We're looking for multi-unit foodservice and retail operators, as well as other investors who have a history of business success. While restaurant experience is preferred, franchise candidates with other professional backgrounds are encouraged to apply, but will be required to employ experienced and qualified restaurant operators as a General Manager in each LaRosa's Pizzeria. | To be considered as a candidate for a Boston's franchise, you (or your partnership) must be able to demonstrate at least $1,500,000 in net worth and at least $600,000 in liquid capital to invest in this business. Conversion requirements may be less. |
Financing Options |
||
| LaRosa's | Boston's Restaurant & Sports Bar | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| LaRosa's | Boston's Restaurant & Sports Bar | |
| Training | On-The-Job Training: 280-320 hours Classroom Training: 40-80 hours | Experienced trainers partner with the franchisees to offer ongoing individualized training and support. The team uses various training methods to increase knowledge around operations, functional roles within the restaurant, POS features and management fundamentals. |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Franchisees will receive support on an individual and regional level in the form of highly targeted print and broadcast advertising, media buying, public relations and promotions. Field Marketing Managers support the franchisees with all marketing initiatives and help implement localized programs. |
| Operations | If you have restaurant management experience, you may wish to work day to day in the operation of your LaRosa's pizzeria. If you don't have restaurant management experience or choose not to work day to day in the operation of your LaRosa's pizzeria, an experienced restaurant General Manager must be hired to run day to day operations. | |
Expansion Plans |
||
| LaRosa's | Boston's Restaurant & Sports Bar | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
| Franchise Fee | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
| Royalty Fee | |
| LaRosa's | 4% |
| Boston's Restaurant & Sports Bar | 5% |
| Advertising Fee | |
| LaRosa's | 4% |
| Boston's Restaurant & Sports Bar | |
| Year Founded | |
| LaRosa's | 1954 |
| Boston's Restaurant & Sports Bar | 1964 |
| Year Franchised | |
| LaRosa's | 1967 |
| Boston's Restaurant & Sports Bar | 1978 |
| Term Of Agreement | |
| LaRosa's | 10 years |
| Boston's Restaurant & Sports Bar | |
| Renewal Fee | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
Business Experience Requirements |
|
| Experience | |
| LaRosa's | We're looking for multi-unit foodservice and retail operators, as well as other investors who have a history of business success. While restaurant experience is preferred, franchise candidates with other professional backgrounds are encouraged to apply, but will be required to employ experienced and qualified restaurant operators as a General Manager in each LaRosa's Pizzeria. |
| Boston's Restaurant & Sports Bar | To be considered as a candidate for a Boston's franchise, you (or your partnership) must be able to demonstrate at least $1,500,000 in net worth and at least $600,000 in liquid capital to invest in this business. Conversion requirements may be less. |
Financing Options |
|
| Franchise Fees | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
| Start-up Costs | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
| Equipment | |
| LaRosa's} | |
| Boston's Restaurant & Sports Bar | |
| Inventory | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
| Receivables | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
| Payroll | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
Training & Support |
|
| Training | |
| LaRosa's | On-The-Job Training: 280-320 hours Classroom Training: 40-80 hours |
| Boston's Restaurant & Sports Bar | Experienced trainers partner with the franchisees to offer ongoing individualized training and support. The team uses various training methods to increase knowledge around operations, functional roles within the restaurant, POS features and management fundamentals. |
| Support | |
| LaRosa's | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Boston's Restaurant & Sports Bar | |
| Marketing | |
| LaRosa's | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Boston's Restaurant & Sports Bar | Franchisees will receive support on an individual and regional level in the form of highly targeted print and broadcast advertising, media buying, public relations and promotions. Field Marketing Managers support the franchisees with all marketing initiatives and help implement localized programs. |
| Operations | |
| LaRosa's | If you have restaurant management experience, you may wish to work day to day in the operation of your LaRosa's pizzeria. If you don't have restaurant management experience or choose not to work day to day in the operation of your LaRosa's pizzeria, an experienced restaurant General Manager must be hired to run day to day operations. |
| Boston's Restaurant & Sports Bar | |
Expansion Plans |
|
| US Expansion | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
| Canada Expansion | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |
| International Expansion | |
| LaRosa's | |
| Boston's Restaurant & Sports Bar | |