Romeo's Pizza logo

Romeo's Pizza

Pizza, subs, wings, salads, appetizers

Investment

$190,800

Initial Franchise Fee

$30,000

Units

62

Growth Rate

+67.6%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Food
Founded 2001
Franchising Since 2001
Parent Company
Leadership Ryan Rose, President & CEO
# of Employees at HQ 14

Units and Growth Chart

About Romeo's Pizza

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!

Investment Details

Initial Franchise Fee $30,000
Initial Investment $190,800 - $640,500
Net Worth Requirement $350,000
Cash Requirement $100,000
Royalty Fee 5%
Ad Royalty Fee 1.5%
Technology Fee N/A
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive $5,000 off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States International

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

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 & Requirements

Key operational details and requirements for 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? No
# of employees required to run 15-25
Are exclusive territories available? Yes

Ranking History

Romeo's Pizza performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022