Explain How To Open A Larosa's Pizza Restaurant
How to open a LaRosa’s
In this report I will be talking about how to open a LaRosa’s pizza restaurant. There are many requirements that you have to fulfill and 8 steps to open a franchise with them.
There are five reasons why you should franchise with LaRosa’s. They have dependable growth, good food, dedicated fans, a desire to improve the guests experience and superior training.
Some of the things they are looking for in a franchise owner are:
• Someone with any of the following: 1) a minimum of three years in a professional career 2) experience owning your own successful business or 3) four years’ experience as a restaurant General Manager.
• A substantial familiarity with consumer preferences, real estate, government regulations, labor, and …show more content…
• Liquid Assets totaling $200,000 (excludes property, retirement funds, pledged stocks and securities in family, non-public, or closely held companies).
• Access to adequate working capital to meet the cash flow requirements of a pizzeria.
• Good or better credit rating that will satisfy our current vendor application process.
• Ability to obtain financing to develop a pizzeria and grow quickly with us. (LaRosa's, why LaRosa's )
Depending on the condition of the building, the amount of construction needed, the part of town you want to open your franchise and your capabilities may change the amount of your initial investment. Below is an estimate:
• The initial franchise fee is $20,000, and the initial point of sale licensing fee is $20,000.
• Store construction approximate costs (not including real estate costs)
• $400,000 - $500,000 for End-Cap or Inline Units
• $800,000 - $1,000,000 for Free-Standing Units
• Furniture, Fixtures and Equipment: approximately $400,000 - $450,000
• Smallwares: approximately
In this report I will be talking about how to open a LaRosa’s pizza restaurant. There are many requirements that you have to fulfill and 8 steps to open a franchise with them.
There are five reasons why you should franchise with LaRosa’s. They have dependable growth, good food, dedicated fans, a desire to improve the guests experience and superior training.
Some of the things they are looking for in a franchise owner are:
• Someone with any of the following: 1) a minimum of three years in a professional career 2) experience owning your own successful business or 3) four years’ experience as a restaurant General Manager.
• A substantial familiarity with consumer preferences, real estate, government regulations, labor, and …show more content…
• Liquid Assets totaling $200,000 (excludes property, retirement funds, pledged stocks and securities in family, non-public, or closely held companies).
• Access to adequate working capital to meet the cash flow requirements of a pizzeria.
• Good or better credit rating that will satisfy our current vendor application process.
• Ability to obtain financing to develop a pizzeria and grow quickly with us. (LaRosa's, why LaRosa's )
Depending on the condition of the building, the amount of construction needed, the part of town you want to open your franchise and your capabilities may change the amount of your initial investment. Below is an estimate:
• The initial franchise fee is $20,000, and the initial point of sale licensing fee is $20,000.
• Store construction approximate costs (not including real estate costs)
• $400,000 - $500,000 for End-Cap or Inline Units
• $800,000 - $1,000,000 for Free-Standing Units
• Furniture, Fixtures and Equipment: approximately $400,000 - $450,000
• Smallwares: approximately