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At TONY ROMA'S, we are committed to 'World Wide - World Class.' With intense guest focus, high integrity and Great Food! Providing for a great business opportunity. We started out with one restaurant in Miami FL, and today there are 280 TONY ROMA'S on six continents. We owe our phenomenal growth to one thing - Great People! TONY ROMA'S franchisee partners are a cut above the rest and we are always looking for more people to join our success.
Franchisor Background
Year Established: 1972
Franchising Since: 1980
Operating Units: |
| Franchised Units: | 197 | | 77.9% | | |
| Company-Owned Units: | 56 | | 22.1% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 253 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 135 | | 52.7% | | In 42 States |
| Canada: | 40 | | 15.6% | | In 3 Canadian Provinces |
| International: | 81 | | 31.6% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 256 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. Alberta | 14 | | 2. California | 37 |
Registered in Following Registration States: California, Florida, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Washington, Wisconsin
Financial Requirements
Investment: |
| Minimum Net Worth: | $3MM |
| Cash Investment: | $Varies |
| Total Investment: | $1.06M |
| Average Total Investment: | $1060K |
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Fees: |
| Initial Franchise Fee: | $20K |
| Average Franchise Fee: | $20K |
| On-Going Royalty: | 4% |
| Average Royalty: | 4% |
| Advertising Fee: | .5% |
Average Number of Employees: , 0 Part-time
Space Needs (in square footage): 6,500
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | Yes |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | No |
| Size of Corporate Staff: | 35 |
| Site Selection Assistance? | Yes |
| Lease Negotiation Assistance? | No |
| Financial Assistance? | No |
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Marketing Support: |
| Co-Op Advertising: | No |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | No |
| Marketing Materials: | None Specified |
| Additional Services: | None Specified |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Not Applicable |
| Central Purchasing: | Not Applicable |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Included in Fees |
| Inventory Control: | Not Applicable |
| Franchisee Newsletter: | Not Applicable |
| Regional or National Meetings: | At Additional Cost |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 5 |
| General Business Experience: | 5 |
| Specific Industry Experience: | 5 |
| Formal Education: | 4 |
| Psychological Profile: | 4 |
| Personal Interview(s): | 5 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | N/A |
| Asian-American: | N/A |
| Hispanic: | N/A |
| Native American: | N/A |
| Other: | N/A |
| Specific Minority: | N/A |
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Terms of Contract
| Term of Initial Contract: | 20 Year(s) |
| Term of Renewal Period: | 10 Year(s) |
| Passive Ownership: | Allowed |
| Area Development Agreements? | Yes, for 1 Year(s) |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months:
| U.S.: | Yes, All United States |
| Canada: | Yes, All Canada |
| Overseas: | Yes, All Countries |
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