Start-Up Costs and Fees |
||
| Mark's Pizzeria | Russo's Coal-Fired Italian Kitchen | |
| Investment | 125000 - 150000 | 295000 - 750000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 1982 | 1992 |
| Year Franchised | 1995 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mark's Pizzeria | Russo's Coal-Fired Italian Kitchen | |
| Experience | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth | |
Financing Options |
||
| Mark's Pizzeria | Russo's Coal-Fired Italian Kitchen | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mark's Pizzeria | Russo's Coal-Fired Italian Kitchen | |
| Training | As needed | 8 Week GM & Key Supervisor Training and Certification |
| Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | On site pre and post opening training and operational support with quarterly QA Visits. |
Expansion Plans |
||
| Mark's Pizzeria | Russo's Coal-Fired Italian Kitchen | |
| US Expansion | Connecticut, Florida, Georgia, Maryland, North Carolina, New York, Ohio, Pennsylvania, South Carolina, Virginia, Vermont, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | |
| Franchise Fee | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | |
| Royalty Fee | |
| Mark's Pizzeria | 3% |
| Russo's Coal-Fired Italian Kitchen | 7% |
| Advertising Fee | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | 2% |
| Year Founded | |
| Mark's Pizzeria | 1982 |
| Russo's Coal-Fired Italian Kitchen | 1992 |
| Year Franchised | |
| Mark's Pizzeria | 1995 |
| Russo's Coal-Fired Italian Kitchen | 1998 |
| Term Of Agreement | |
| Mark's Pizzeria | 15 years |
| Russo's Coal-Fired Italian Kitchen | 10 years+5 |
| Renewal Fee | |
| Mark's Pizzeria | 1/3 current franchise fee |
| Russo's Coal-Fired Italian Kitchen | |
Business Experience Requirements |
|
| Experience | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth |
Financing Options |
|
| Franchise Fees | |
| Mark's Pizzeria | No |
| Russo's Coal-Fired Italian Kitchen | No |
| Start-up Costs | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | |
| Equipment | |
| Mark's Pizzeria} | |
| Russo's Coal-Fired Italian Kitchen | |
| Inventory | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | |
| Receivables | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | |
| Payroll | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | |
Training & Support |
|
| Training | |
| Mark's Pizzeria | As needed |
| Russo's Coal-Fired Italian Kitchen | 8 Week GM & Key Supervisor Training and Certification |
| Support | |
| Mark's Pizzeria | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Russo's Coal-Fired Italian Kitchen | |
| Marketing | |
| Mark's Pizzeria | Co-op advertising, Ad slicks, Regional advertising |
| Russo's Coal-Fired Italian Kitchen | |
| 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) |
| Russo's Coal-Fired Italian Kitchen | On site pre and post opening training and operational support with quarterly QA Visits. |
Expansion Plans |
|
| US Expansion | |
| Mark's Pizzeria | Connecticut, Florida, Georgia, Maryland, North Carolina, New York, Ohio, Pennsylvania, South Carolina, Virginia, Vermont, |
| Russo's Coal-Fired Italian Kitchen | |
| Canada Expansion | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | 0 |
| International Expansion | |
| Mark's Pizzeria | |
| Russo's Coal-Fired Italian Kitchen | |