- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$191K - $641K
- Units as of 2022
-
62 67.6% over 3 years
Founded in Medina, Ohio, Romeo's Pizza has connected people with great-tasting pizza since 2001. The company now has more than 40 franchise locations and aims to increase its brand. Romeo's Pizza offers a diverse menu that consists of award-winning pizza, calzones, pasta, strombolis, subs, chicken wings, appetizers, and salads.
Romeo's Pizza wishes to become a household name with a time-tested in-house process, product innovation, and a significant franchisee support system. The ideal franchisee is interested in creating a legacy in their community and is willing to work hard to do so.
Why You May Want to Start a Romeo's Pizza Franchise
As a Romeo's Pizza franchisee, you'll be overseeing the production of pizza and food using a predefined business model developed by the franchisor. Franchisees may appreciate the growing brand, award-winning food, and the opportunity to own multiple locations. This is a hard-hitting franchise, and although it's just emerging from its regional territory, Romeo's Pizza may come with a large loyal following of fans eager to eat!
The franchise uses only pure California tomatoes and other fresh hand-cut vegetables, in-house dough, and 100% Wisconsin cheese for great-tasting pizza. Romeo's Pizza strives to craft excellence in pizza, impacting people, communities, and the environment, making winning a team effort. For specialty pizza, calzones, or strombolis at a reasonable price, whether picked up or delivered, food lovers may often choose Romeo's Pizza.
What Might Make a Romeo's Pizza Franchise a Good Choice?
To start a Romeo's Pizza team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for the existence of ongoing fees that will include advertising, royalty, and potential renewal fees. Multi-unit franchisees may need to pay an additional development fee for each additional location. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
When you begin the process of becoming a Romeo's Pizza franchisee, you and your staff will undertake a multi-week training program at company headquarters in Medina, Ohio, and at any of their Romeo's Pizza training restaurants. In addition to hands-on in-store training, you'll get instructional materials for the continual training of staff from the franchisor.
How To Open a Romeo's Pizza Franchise?
As you decide if opening a Romeo's Pizza franchise is the right decision for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Romeo's Pizza franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth. As a result, you may want to check if there are multiple other pizza restaurants in your area. If so, you may want to reconsider the location of your proposed Romeo’s Pizza franchise.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Romeo's Pizza franchising team questions.
Whichever way you slice it, Romeo's Pizza may be the franchise for you!
Company Overview
About Romeo's Pizza
Business Overview
| Franchising Since | 2001 (23 years) |
|---|---|
| # of employees at HQ | 14 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 62 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Romeo's Pizza franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$30,000 |
|---|---|
|
Initial Investment
|
$190,800 - $640,500 |
|
Net Worth Requirement
|
$350,000 |
|
Cash Requirement
|
$100,000 |
|
Veteran Incentives
|
$5,000 off franchise fee |
|
Royalty Fee
|
5% |
|
Ad Royalty Fee
|
1.5% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Romeo's Pizza has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 204 hours |
|---|---|
| Classroom Training | 36 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
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No |
| # of employees required to run | 15-25 |
|
Are exclusive territories available?
|
Yes |
Additional Rankings
Curious to know where Romeo's Pizza ranked on other franchise lists? Find out below.
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