Snappy Tomato Pizza Franchise
Thursday, May 13, 2010 at 06:08AM Quick-service restaurant serving pizzas, hoagies and salads
In 1978, Bob Rotunda went to the races and put all his money on a horse named Snappy Tomato. The horse won. Rotunda took his winnings and opened the first Snappy Tomato Pizza that year. The company began franchising three years later.
Today Snappy Tomato Pizza has locations across the United States, Canada and Great Britain serving pizza, hoagies, salads and appetizers.
Start-up Costs & Franchises Fees
What is the total cost to open a Snappy Tomato Pizza Franchises?
Total Cost: $70,000 USD -$160,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 15 years
Franchise Agreement Renewal Fee: $2.5K
Contact Information for Snappy Tomato Pizza
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Snappy Tomato Pizza |
Phone Number: (859)525-4680 |
Snappy Tomato Pizza In the Press
No results at this time.Historical Expansion
In what year did Snappy Tomato Pizza begin operations? 1978
When did Snappy Tomato Pizza begin selling franchises? 1981
Year United States Canada International Corporate 2007 73 0 0 4 2003 58 0 0 3 2002 0 0 0 0 2001 0 0 0 0 2000 36 0 9 5 1999 37 3 9 6
Future Expansion
United States: Mid West, South, South East, South West,
Countries of Interest: Asia, Canada, Japan, Middle East, Mexico,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
Additional training available as needed
Support
In the Pressletter, Meetings, Grand opening support, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
International franchise business owners required to buy multiple units/master licensesNumber of employees needed to run franchised unit: 20
Absentee ownership of franchise is allowed. (80% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes