Start-Up Costs and Fees |
||
| Famoso Neapolitan Pizzeria | 5 Buck Pizza | |
| Investment | 503000 - 609000 | 130000 - 181750 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 3% |
| Year Founded | 2007 | 1987 |
| Year Franchised | 2009 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Famoso Neapolitan Pizzeria | 5 Buck Pizza | |
| Experience | Famoso actively seeks individuals who have the potential to be great partners. Our franchisees should have personal financial qualifications, individual motivation, a track record for success, and a passion for the service industry. | |
Financing Options |
||
| Famoso Neapolitan Pizzeria | 5 Buck Pizza | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Famoso Neapolitan Pizzeria | 5 Buck Pizza | |
| Training | The first week we take you to Naples, Italy for an opportunity to visit real Neapolitan pizzerias, taste authentic pizza, visit some of our ingredient suppliers, and learn about Neapolitan culture. We then put you and your management team (3 people) through 5-7 weeks of one-on-one training in one of our locations. | We provide you an initial training program that covers material aspects of the operation of the franchised restaurant. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Orem, Utah, or another location we designate. You must designate a manger for the franchised restaurant and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised restaurant. One assistant of your choosing may also attend at your option. |
| Support | Location, location, location! Famoso works exclusively with our commercial real estate teams to secure top quality sites across the country. Our real estate teams know the Famoso brand well, and know what demographics, neighborhoods, and trade areas fit our brand. They represent us with pride and dignity when dealing with landlords; which strengthens our relationships and reputation. This works to our franchisees benefit, which is evident in our solid base of existing locations. We make ourselves available for questions and requests. We also focus on maintaining consistency in our branding, food, and service between stores. We base Famoso's success on our reputation, and we work hard to ensure all Famoso's are upholding this reputation. Famoso has negotiated contracts with suppliers to ensure that each pizzeria receives the same products at competitive pricing. Furthermore, the systems and tools used by Famoso ensure accurate inventory levels, freshly and properly prepared ingredients, and consistent recipes. | |
| Marketing | Famoso develops and executes strategies that will make our pizzerias busier. Franchisees' ability to execute in-store strategies also has a significant impact on the level of success of each franchise. | |
| Operations | Detailed business operations are covered in the 5 Buck Pizza Operations Manual | |
Expansion Plans |
||
| Famoso Neapolitan Pizzeria | 5 Buck Pizza | |
| US Expansion | ||
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |
| Franchise Fee | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |
| Royalty Fee | |
| Famoso Neapolitan Pizzeria | 6% |
| 5 Buck Pizza | 5% |
| Advertising Fee | |
| Famoso Neapolitan Pizzeria | 2% |
| 5 Buck Pizza | 3% |
| Year Founded | |
| Famoso Neapolitan Pizzeria | 2007 |
| 5 Buck Pizza | 1987 |
| Year Franchised | |
| Famoso Neapolitan Pizzeria | 2009 |
| 5 Buck Pizza | 2008 |
| Term Of Agreement | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | 10 years |
| Renewal Fee | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | 20% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Famoso Neapolitan Pizzeria | Famoso actively seeks individuals who have the potential to be great partners. Our franchisees should have personal financial qualifications, individual motivation, a track record for success, and a passion for the service industry. |
| 5 Buck Pizza | |
Financing Options |
|
| Franchise Fees | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |
| Start-up Costs | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |
| Equipment | |
| Famoso Neapolitan Pizzeria} | |
| 5 Buck Pizza | |
| Inventory | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |
| Receivables | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |
| Payroll | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |
Training & Support |
|
| Training | |
| Famoso Neapolitan Pizzeria | The first week we take you to Naples, Italy for an opportunity to visit real Neapolitan pizzerias, taste authentic pizza, visit some of our ingredient suppliers, and learn about Neapolitan culture. We then put you and your management team (3 people) through 5-7 weeks of one-on-one training in one of our locations. |
| 5 Buck Pizza | We provide you an initial training program that covers material aspects of the operation of the franchised restaurant. The topics covered are listed in the chart below. This training is offered on an as needed basis at our headquarters in Orem, Utah, or another location we designate. You must designate a manger for the franchised restaurant and he or she must satisfactorily complete the initial training approximately 8 weeks before the opening of the franchised restaurant. One assistant of your choosing may also attend at your option. |
| Support | |
| Famoso Neapolitan Pizzeria | Location, location, location! Famoso works exclusively with our commercial real estate teams to secure top quality sites across the country. Our real estate teams know the Famoso brand well, and know what demographics, neighborhoods, and trade areas fit our brand. They represent us with pride and dignity when dealing with landlords; which strengthens our relationships and reputation. This works to our franchisees benefit, which is evident in our solid base of existing locations. We make ourselves available for questions and requests. We also focus on maintaining consistency in our branding, food, and service between stores. We base Famoso's success on our reputation, and we work hard to ensure all Famoso's are upholding this reputation. Famoso has negotiated contracts with suppliers to ensure that each pizzeria receives the same products at competitive pricing. Furthermore, the systems and tools used by Famoso ensure accurate inventory levels, freshly and properly prepared ingredients, and consistent recipes. |
| 5 Buck Pizza | |
| Marketing | |
| Famoso Neapolitan Pizzeria | Famoso develops and executes strategies that will make our pizzerias busier. Franchisees' ability to execute in-store strategies also has a significant impact on the level of success of each franchise. |
| 5 Buck Pizza | |
| Operations | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | Detailed business operations are covered in the 5 Buck Pizza Operations Manual |
Expansion Plans |
|
| US Expansion | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |
| Canada Expansion | |
| Famoso Neapolitan Pizzeria | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| 5 Buck Pizza | |
| International Expansion | |
| Famoso Neapolitan Pizzeria | |
| 5 Buck Pizza | |