Noble Roman
Date Incorporation: 1972
Franchising Since: 1997
Headquarters: Indiana
Description: The franchise system sells and services franchises for non-traditional, co-branded and stand-alone foodservice operations serving high quality pizza and sub sandwiches.
Franchise Offer: Three types of franchise:
- Noble Roman's Pizza® - a restaurant concept that focuses on pizza menu items and superior quality.
- Tuscano's Italian Style Subs - a restaurant concept that focuses on sub sandwich menu items, with many distinctive features that include an Italian themed menu.
- Noble Roman's Bistro – this restaurant incorporates all of the ingredient qualities of a Noble Roman's Pizza, and is specifically designed for non-traditional venues such as convenience stores, entertainment facilities, universities, hospitals, bowling centers and other high traffic facilities.
Financial Assistance: The franchisor does not offer direct or indirect financing.
Training and Assistance: For non-traditional locations, the manager of the facility must attend and complete the initial on-the-job training program. On-the-job training is conducted at the franchise location over a period of 3 to 7 days. For traditional locations, the franchisee and the approved manager will be required to attend a two-week training program in Indianapolis, Indiana. On-the-job training is also mandatory and is conducted at the franchise location over a period of 7 to 14 days.
Territory: The franchisee will not receive an exclusive territory.
Term of Agreement and Renewal: The length of the franchise term is 10 years, with an option for renew for a term of 5 years.
Obligations and Restrictions: The franchisee must devote, or approve a general manager to devote best efforts to the supervision and conduct of the franchised business. The general manager must supervise the franchised businesses on-site.
Total Number of Units: 150 units
Investment Tables:
Initial Investment: (for a Noble Roman’s only franchise)
| Expenditures | Low | High |
|---|---|---|
| Initial franchise fee | $6,000 (Non-Traditional) $10,000 (Hospitals) $15,000 (Traditional) |
$6,000 (Non-Traditional) $10,000 (Hospitals) $15,000 (Traditional) |
| Uniforms and inventory | $3,500 | $7,500 |
| Marketing package | $1,500 | $5,000 |
| Initial training expenses | $200 | $2,500 |
| Smallwares | $1,500 | $4,000 |
| Equipment | $14,400 | $100,000 |
| Interior signs | $2,000 | $2,500 |
| Exterior signs | $0 | $12,000 |
| Remodeling costs | $500 | $125,000 |
| Additional funds - 3 months | $1,000 | $50,000 |
| Total initial investment | $30,600 | $323,500 |
Ongoing fees:
| Name of fee | Amount |
|---|---|
| Royalty fee | 7% of gross sales for all locations except hospitals which are 9% |
| Marketing fee | 3% of gross sales for traditional quick service restaurant locations. No marketing fee is collected for all non-traditional locations. |
| Renewal fee | $2,000 |
| Transfer fee | $2,000 |
| Manual replacement fee | $500 |
| Audit fee | Cost of audit plus up to 10% interest |
Date of FDD: 2009
The above information has been taken from the UFOC/FDD of Noble Roman
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