Start-Up Costs and Fees |
||
| Boston's Restaurant & Sports Bar | Romeo's Pizza | |
| Investment | 600000 - 3057500 | 128000 - 470500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1-2%co-op 3% local | |
| Year Founded | 1964 | 0 |
| Year Franchised | 1978 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Boston's Restaurant & Sports Bar | Romeo's Pizza | |
| 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. | 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 |
||
| Boston's Restaurant & Sports Bar | Romeo's Pizza | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Boston's Restaurant & Sports Bar | Romeo's Pizza | |
| Training | 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. | 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 | 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 | 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 |
||
| Boston's Restaurant & Sports Bar | 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 | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
| Franchise Fee | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
| Royalty Fee | |
| Boston's Restaurant & Sports Bar | 5% |
| Romeo's Pizza | 5% |
| Advertising Fee | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | 1-2%co-op 3% local |
| Year Founded | |
| Boston's Restaurant & Sports Bar | 1964 |
| Romeo's Pizza | 0 |
| Year Franchised | |
| Boston's Restaurant & Sports Bar | 1978 |
| Romeo's Pizza | 0 |
| Term Of Agreement | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
| Renewal Fee | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| 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 | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
| Start-up Costs | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
| Equipment | |
| Boston's Restaurant & Sports Bar} | |
| Romeo's Pizza | |
| Inventory | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
| Receivables | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
| Payroll | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
Training & Support |
|
| Training | |
| 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. |
| 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 | |
| Boston's Restaurant & Sports Bar | |
| 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 | |
| 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. |
| Romeo's Pizza | |
| Operations | |
| Boston's Restaurant & Sports Bar | |
| 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 | |
| Boston's Restaurant & Sports Bar | |
| 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 | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |
| International Expansion | |
| Boston's Restaurant & Sports Bar | |
| Romeo's Pizza | |