Romeo’s Pizza Franchise Costs
2019 Record Sales
Coming off a record sales year in 2018, Romeo’s Pizza continued the positive momentum in 2019. The brand posted strong same-store sales growth and total company growth. In addition, the company exceeded one million orders for the first time.
2020 Record Sales
Through the first six months of the year, Romeo’s Pizza opened three new stores and posted same sales growth of 18.4% and total company sales growth of 23.1%.
84% of Americans eat Pizza at least once a month.
45% of them eat Pizza once a week.
Pizza is a $46 billion industry and Romeo’s has been growing. Friday night pizza has become a staple for consumers as they gather to relax, have a few laughs and catch up on the week.
What’s it cost to join the Romeo’s Pizza Party?
|Initial Investment||The initial franchise fee: $25,000|
|Single Unit||$100,000 in cash or cash equivalents – $250,000 in net worth|
|Multi-Unit Development||$200,000 in cash or cash equivalents – $600,000 in net worth|
You can expect to invest between $128,000 – $403,000 per unit including franchise fees, building improvement costs, training, equipment, operating cash reserves and any additional needs.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is intended for informational purposes only.
|Average Gross Sales of Operational Franchise Outlets||2019||YTD June 30th, 2020|
|Average Gross Sales:||$688,740.86||$386,759.09|
|Number of Outlets Above the Average:||15||15|
|Number of Outlets Below the Average:||14||14|
|Median Gross Sales:||$664,635.34||$392,522.73|
|Number of Outlets Above the Median:||14||15|
|Number of Outlets Below the Median:||14||14|
|Second Highest Gross Sales:||$1,039,078.84||$595,727.38|
|Lowest Gross Sales:||$287,927.94||$173,287.55|
|Second Lowest Gross Sales:||$397,050.77||$229,107.86|