Start-Up Costs and Fees |
||
| Straw Hat Pizza | Romeo's Pizza | |
| Investment | 145000 - 913000 | 128000 - 470500 |
| Franchise Fee | ||
| Royalty Fee | 2% | 5% |
| Advertising Fee | 1-2%co-op 3% local | |
| Year Founded | 1959 | 0 |
| Year Franchised | 1969 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Straw Hat Pizza | 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 |
||
| Straw Hat Pizza | Romeo's Pizza | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Straw Hat Pizza | Romeo's Pizza | |
| 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 | |
| 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 |
||
| Straw Hat Pizza | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Straw Hat Pizza | |
| Romeo's Pizza | |
| Franchise Fee | |
| Straw Hat Pizza | |
| Romeo's Pizza | |
| Royalty Fee | |
| Straw Hat Pizza | 2% |
| Romeo's Pizza | 5% |
| Advertising Fee | |
| Straw Hat Pizza | |
| Romeo's Pizza | 1-2%co-op 3% local |
| Year Founded | |
| Straw Hat Pizza | 1959 |
| Romeo's Pizza | 0 |
| Year Franchised | |
| Straw Hat Pizza | 1969 |
| Romeo's Pizza | 0 |
| Term Of Agreement | |
| Straw Hat Pizza | 10 years |
| Romeo's Pizza | |
| Renewal Fee | |
| Straw Hat Pizza | |
| Romeo's Pizza | |
Business Experience Requirements |
|
| Experience | |
| Straw Hat Pizza | |
| 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 | |
| Straw Hat Pizza | No |
| Romeo's Pizza | No |
| Start-up Costs | |
| Straw Hat Pizza | |
| Romeo's Pizza | |
| Equipment | |
| Straw Hat Pizza} | |
| Romeo's Pizza | |
| Inventory | |
| Straw Hat Pizza | |
| Romeo's Pizza | |
| Receivables | |
| Straw Hat Pizza | |
| Romeo's Pizza | |
| Payroll | |
| Straw Hat Pizza | |
| Romeo's Pizza | |
Training & Support |
|
| Training | |
| Straw Hat Pizza | |
| 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 | |
| Straw Hat Pizza | |
| 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 | |
| Straw Hat Pizza | |
| Romeo's Pizza | |
| Operations | |
| Straw Hat Pizza | |
| 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 | |
| Straw Hat Pizza | |
| 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 | |
| Straw Hat Pizza | 0 |
| Romeo's Pizza | |
| International Expansion | |
| Straw Hat Pizza | |
| Romeo's Pizza | |