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
Throughout 2020, Romeo’s Pizza opened 7 stores, posted same store sales growth of 26% and $823,910 Median Franchisee Sales Volume.
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: $30,000|
|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.
GROSS SALES DATA
For the 2019 and 2020 Reporting Franchise Outlets, respectively as to each particular calendar year
|Gross Sales:||2019 Calendar Year||2020 Calendar Year||Percentage Change from 2019 to 2020 Calendar Year|
1 Average: 2019 – There were 14 Franchise Outlets above the Average and 15 below the Average.
2 Median: 2019 – There were 14 Franchise Outlets above the Median and 14 below the Median.
3 Average: 2020 – There were 15 Franchise Outlets above the Average and 13 below the Average.
4 Median: 2020 – There were 14 Franchise Outlets above the Median and 14 below the Median.
5 All Data is pulled for the calendar year.
There is no assurance that you will do as well and you must accept that risk. These figures appear in Item 19 of our 5/1/2021 Franchise Disclosure Document with other historical financial performance information.