Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$439K - $1.5M
- Units as of 2021
45 2% over 3 years
Here’s what you need to know if you’re interested in opening a Russo's New York Pizzeria franchise.
Russo's New York Pizzeria is an Italian restaurant known for its authentic Italian eateries and pizzerias. The chain serves New York-style pizza and other Italian cuisines, including dessert, calzones, pasta, salads, and soups. The franchise operates under an "if it isn't fresh, don't serve it" motto to serve its customers quality eats.
Anthony Russo's family moved to Galveston, Texas, in 1978. There, his father opened a Russo's Italian restaurant, which thrived in the area. At the age of 12, young Anthony learned the pizza delicacy scachatta and other more complex pizza recipes from his relatives who flew in from Sicily and Naples each summer. Together, they developed a great passion for pizza.
In 1994, Anthony Russo opened Russo's New York Pizzeria, which proved to be a growing model. Today, the chain has expanded to more than 25 franchise units in the United States. There are also multiple international locations. The perfect candidate for a Russo's New York Pizzeria franchisee is result-oriented and has sales or marketing experience, can lead a team, build relationships, and has the desire to excel.
Why You May Want to Open a Russo's New York Pizzeria Franchise
As a Russo's New York Pizzeria franchisee, you'll not only be a part of a quick-service restaurant that provides unique, innovative eateries, and pizzerias. You will also likely have someone by your side to guide you every step of your way. A Russo's New York Pizzeria consultant will guide you on things from site selection to grand opening support.
Unlike most of its competitors, Russo's New York Pizzeria is proud to have Italian roots, which they strive to recreate with every customer they serve. Russo's New York Pizzeria is not a typical pizzeria, but an open kitchen concept where relationships are strengthened and family traditions are made.
What Might Make a Russo's New York Pizzeria Franchise a Good Choice?
To be part of the Russo's New York Pizzeria team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Russo’s New York Pizzeria has partnered with third-party sources that may offer help covering the franchise fee, startup cost, equipment, inventory, accounts receivable, and payroll.
Russo's New York Pizzeria is a unique restaurant that can be adaptable to other venues. Its flexible restaurant with a coal-fired kitchen, pizzeria, and pizza kitchen may enable franchisees to choose from a wide range of options for their restaurant's location and size. You can potentially see growth by offering authentic Italian food to customers who opt to dine-in, takeout, deliver, or cater their meals.
How To Open a Russo's New York Pizzeria Franchise
To begin the process of owning a Russo's New York Pizzeria franchise, submit an inquiry form. If approved to continue with the process of opening a franchise, you may receive a call from the franchise to learn more about the business model. Afterward, you may receive their Franchise Disclosure Document, which will give you an in-depth understanding of the business model. A franchise executive will then be in touch with you to review the document and explore franchise location opportunities.
Once you've signed onboard, all franchisees must attend an intensive training program in Houston, Texas. Here you'll learn how to manage Russo's New York Pizzeria daily operations. After the training program, you will be set to get started with your own Russo's New York Pizzeria franchise.
About Russo's New York Pizzeria
- Franchising Since
- 1998 (24 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states: Florida, Oklahoma, Texas
This company is seeking new franchisees in the following international regions: Middle East, Canada, South America, Mexico
- # of Units
- 45 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Russo's New York Pizzeria 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $439,350 - $1,491,000
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
- to 2%
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Russo's New York Pizzeria has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 2 weeks
- Classroom Training
- 6 weeks
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in franchise ownership like Russo's New York Pizzeria? Request a free consultation with a Franchise Advisor now.
Curious to know where Russo's New York Pizzeria ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Russo's New York Pizzeria.
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