Start-Up Costs and Fees |
||
| Mark's Pizzeria | Boston's Restaurant & Sports Bar | |
| Investment | 125000 - 150000 | 600000 - 3057500 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 5% |
| Advertising Fee | ||
| Year Founded | 1982 | 1964 |
| Year Franchised | 1995 | 1978 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mark's Pizzeria | Boston's Restaurant & Sports Bar | |
| Experience | 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 |
||
| Mark's Pizzeria | Boston's Restaurant & Sports Bar | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mark's Pizzeria | Boston's Restaurant & Sports Bar | |
| Training | As needed | 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 | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | 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 | Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mark's Pizzeria | Boston's Restaurant & Sports Bar | |
| US Expansion | Connecticut, Florida, Georgia, Maryland, North Carolina, New York, Ohio, Pennsylvania, South Carolina, Virginia, Vermont, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |
| Franchise Fee | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |
| Royalty Fee | |
| Mark's Pizzeria | 3% |
| Boston's Restaurant & Sports Bar | 5% |
| Advertising Fee | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |
| Year Founded | |
| Mark's Pizzeria | 1982 |
| Boston's Restaurant & Sports Bar | 1964 |
| Year Franchised | |
| Mark's Pizzeria | 1995 |
| Boston's Restaurant & Sports Bar | 1978 |
| Term Of Agreement | |
| Mark's Pizzeria | 15 years |
| Boston's Restaurant & Sports Bar | |
| Renewal Fee | |
| Mark's Pizzeria | 1/3 current franchise fee |
| Boston's Restaurant & Sports Bar | |
Business Experience Requirements |
|
| Experience | |
| Mark'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 | |
| Mark's Pizzeria | No |
| Boston's Restaurant & Sports Bar | No |
| Start-up Costs | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |
| Equipment | |
| Mark's Pizzeria} | |
| Boston's Restaurant & Sports Bar | |
| Inventory | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |
| Receivables | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |
| Payroll | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |
Training & Support |
|
| Training | |
| Mark's Pizzeria | As needed |
| 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 | |
| Mark's Pizzeria | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Boston's Restaurant & Sports Bar | |
| Marketing | |
| Mark's Pizzeria | Co-op advertising, Ad slicks, Regional advertising |
| 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 | |
| Mark's Pizzeria | Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Boston's Restaurant & Sports Bar | |
Expansion Plans |
|
| US Expansion | |
| Mark's Pizzeria | Connecticut, Florida, Georgia, Maryland, North Carolina, New York, Ohio, Pennsylvania, South Carolina, Virginia, Vermont, |
| Boston's Restaurant & Sports Bar | |
| Canada Expansion | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |
| International Expansion | |
| Mark's Pizzeria | |
| Boston's Restaurant & Sports Bar | |