Pizza restaurant franchise specializing in gourmet pizzas, subs, wings, and salads, known for its high-quality ingredients and innovative flavor combinations.
KEY FRANCHISE STATS
Franchisees
?
51
+
50%
50%
Franchise fee
?
$30,000
Investment
?
$191,000 - $641,000
Revenue (AUV)
?
Undisclosed
$824,000
+
26.3%
26.3%
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Romeo’s Pizza is a fast-casual pizza franchise known for its award-winning menu featuring pizzas, calzones, pastas, strombolis, subs, chicken wings, appetizers, and salads. Founded in 2001 in Medina, Ohio, Romeo’s Pizza has expanded to more than 70 locations nationwide, with its headquarters still based in Medina.
The brand launched its franchising program in 2007, allowing entrepreneurs to open both individual stores and multi-unit developments, fueling its steady growth across the country.
What sets Romeo’s Pizza apart is its commitment to premium ingredients, including vine-ripened California tomatoes, freshly sliced vegetables, house-made dough, and 100% Wisconsin cheese. This focus on quality has earned the company multiple prestigious awards, such as Best Gourmet Pizza in America and Best Pizza in the Midwest.
Initial investment
The initial investment required for a Romeo's Pizza franchise is
$191,000 - $641,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$30,000
Construction and Leasehold Improvements
$75,000 – $300,000
Furniture, Fixtures and Equipment
$25,000 – $165,000
Lease Deposits – 3 Months
$6,000 – $15,000
Signage
$8,000 – $12,000
Computer, Software and Point of Sales System
$800 – $20,000
Grand Opening Marketing
$20,000
Initial Inventory
$4,000 – $8,000
Utility Deposits
$500 – $1,500
Insurance Deposits – 3 Months
$1,000 – $3,000
Travel for Initial Training
$5,000 – $15,000
Professional Fees
$5,000 – $15,000
Licenses and Permits
$500 – $1,000
Additional Funds – 3 months
$10,000 – $35,000
Total Estimate
$190,800 – $640,500
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Type of Expenditure
Amount
Initial Franchise Fee
$30,000
Construction and Leasehold Improvements
$75,000 – $300,000
Furniture, Fixtures and Equipment
$25,000 – $165,000
Lease Deposits – 3 Months
$6,000 – $15,000
Signage
$8,000 – $12,000
Computer, Software and Point of Sales System
$800 – $20,000
Grand Opening Marketing
$20,000
Initial Inventory
$4,000 – $8,000
Utility Deposits
$500 – $1,500
Insurance Deposits – 3 Months
$1,000 – $3,000
Travel for Initial Training
$5,000 – $15,000
Professional Fees
$5,000 – $15,000
Licenses and Permits
$500 – $1,000
Additional Funds – 3 months
$10,000 – $35,000
Total Estimate
$190,800 – $640,500
Franchise Disclosure Document
Below is Romeo's Pizza's 2022 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Romeo's Pizza had 58 total units in 2022, of which 51 were franchised-owned and 7 company-owned.
Romeo’s Pizza provides a comprehensive training program to ensure its franchisees are fully prepared to operate a successful location. Here’s an overview of the main training components:
Initial Franchise Training Program — This is a mandatory training for franchisees and typically lasts about two weeks. It covers key areas such as daily operations, food preparation, customer service, inventory management, point-of-sale system use, and marketing strategies.
On-the-Job Training — Franchisees and their management team receive hands-on training at an existing Romeo’s Pizza location. This allows them to apply what they’ve learned in a real-world setting under the guidance of experienced staff.
Opening Support — Around the time of store opening, Romeo’s Pizza sends corporate trainers to the franchisee’s location to assist with setup, staff training, and initial operations. This ensures a smooth launch and helps resolve any issues on-site.
Ongoing Training and Support — Romeo’s Pizza offers continuous learning opportunities, including refresher courses, updated operational training, marketing support, and regular check-ins to keep franchisees aligned with brand standards and business best practices.
Territory Protection
Romeo’s Pizza offers territory protection to its franchisees, which is designed to help safeguard their investment and market share. Under the franchise agreement, franchisees typically receive an exclusive or protected area where no other Romeo’s Pizza locations can be developed.
This helps ensure that each franchisee has a fair opportunity to grow their customer base without direct competition from within the brand. The size and definition of the protected territory are typically outlined in the franchise agreement and may vary depending on market conditions and population density.
While the franchisor reserves certain rights, such as selling through nontraditional venues or online platforms, the protected area generally covers the core market around the store. Franchisees benefit from this arrangement by focusing on local marketing and building customer loyalty within their exclusive zone.
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