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Tony Roma's
 

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

IFA Member



Operating Units:

Franchised Units:197 77.9%  
Company-Owned Units:56 22.1%  
 ______ _____  
Total Operating Units:253 100%  
 

Geographic Distribution:

U.S.:135 53.4% In 42 States
Canada:40 15.8% In 3 Canadian Provinces
International:78 30.8% In 0 Foreign Countries
 ______ _____  
Total:253 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California37
2. Alberta14

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:$1.2-2.6MM
Average Total Investment:$1K
 

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
 

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
 

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
 

Training:

 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:5
Specific Industry Experience:5
Formal Education:4
Psychological Profile:4
Personal Interview(s):5

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

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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