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<a href="https://romeospizzafranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=romeos-pizza-wraps-up-q3-of-2021-with-33-new-franchise-agreements-signed-so-far-this-year-2717154" target="_blank" rel="nofollow">Romeo’s Pizza</a>, the <a href="https://www.qsrmagazine.com/news/romeo-s-pizza-wins-best-pizza-midwest?utm_source=1851franchise.com&utm_medium=article&utm_campaign=romeos-pizza-wraps-up-q3-of-2021-with-33-new-franchise-agreements-signed-so-far-this-year-2717154" target="_blank" rel="nofollow">award-winning</a>, 50+-unit pizza franchise, has already signed 33 new Franchise Agreements this year, making significant progress toward hitting its development growth goal of 60 open locations by the end of the year.“As we gear up to close out 2021, we're ecstatic with the successes we've achieved so far," said CEO <a href="https://www.linkedin.com/in/ryanrose2?utm_source=1851franchise.com&utm_medium=article&utm_campaign=romeos-pizza-wraps-up-q3-of-2021-with-33-new-franchise-agreements-signed-so-far-this-year-2717154" target="_blank" rel="nofollow">Ryan Rose</a>. “So far this year, we added 33 new Franchise Agreements, and we're looking forward to steady expansion in the coming months.”&nbsp;In total, <a href="https://1851franchise.com/romeospizza">Romeo’s Pizza</a> has welcomed 9 new franchise owners year-to-date, including a recent five-unit, and an area representative committing to 20 units in North Carolina. Romeo’s Pizza is also appealing to existing franchise owners who want to scale to multi-unit ownership, with eight existing owners signing new franchise agreements so far this year.&nbsp;The brand’s streamlined business model, franchisee-led leadership team and community-driven approach are some of the reasons why franchisee interest in the brand is so strong. Currently, the impressive Romeo’s Pizza pipeline includes interest both domestically and internationally.This booming development also comes after several years of successful sales growth for Romeo’s Pizza. In 2018 Romeo’s experienced the highest sales in its 20-year history. In 2019 it broke that record again. Then, in 2020, the pizza industry <a href="https://www.nytimes.com/2021/02/12/business/pizza-delivery-covid.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=romeos-pizza-wraps-up-q3-of-2021-with-33-new-franchise-agreements-signed-so-far-this-year-2717154" target="_blank" rel="nofollow">thrived</a> as the COVID-19 pandemic created an increased demand for convenience and delivery, and Romeo’s smashed its previous record once more. This year, Romeo’s continues to experience dramatic sales growth, reporting double-digit, same-store sales increases across its franchise system.Now, as COVID vaccines roll out and consumer behavior shifts to a healthy mix of on- and off-premise dining, the pizza industry is only going to continue its upward trajectory, and Romeo’s Pizza is well-positioned to satisfy that demand. <a href="https://www.specialtyfood.com/news/article/more-40-americans-eat-pizza-weekly/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=romeos-pizza-wraps-up-q3-of-2021-with-33-new-franchise-agreements-signed-so-far-this-year-2717154#:~:text=Pizza%20remains%20a%20staple%20of,at%20least%20once%20per%20month." target="_blank" rel="nofollow">Forty-three percent of Americans eat pizza once a week</a>, while 93% of people in the U.S. eat pizza once a month, and more than 5 billion pizzas are sold worldwide each year. Romeo’s Pizza stands out with a signature sweet sauce and the belief that pizza brings people together, creating a sense of community wherever it appears. That is why the brand is adamant about making each location a pillar of its neighborhood, supporting the community both inside and outside the store.“Over the past few years, we’ve been able to demonstrate the strength of our community-oriented business strategy,” said Rose. “In 2021 we’re excited to continue partnering with qualified franchisees in communities all across the globe as we aim to deliver sweet smiles, one slice at a time.”The cost to open a Romeo’s Pizza franchise ranges from $190,800 to $640,500, including a $30,000 franchise fee. For more information on franchising with Romeo’s Pizza, visit romeospizza.com/franchisee-apply.ABOUT ROMEO’S PIZZA:Founded in 2001 in Medina, Ohio, Romeo’s Pizza is an award-winning, food-first pizza community. With 54 locations and counting, the growing international franchise delivers handcrafted excellence through our local pizza champions. We believe pizza is always the answer. We deliver sweet smiles, one slice at a time. We will positively impact our communities and environment through our Pizza with a Purpose initiative. The initiative supports local, national and worldwide organizations that believe in making a positive impact on people and our planet. To learn more about Romeo’s Pizza franchise opportunities, visit <a href="https://romeospizzafranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=romeos-pizza-wraps-up-q3-of-2021-with-33-new-franchise-agreements-signed-so-far-this-year-2717154" target="_blank" rel="nofollow">https://romeospizzafranchise.com/</a>.

Romeo’s Pizza Wraps Up Q3 of 2021 with 33 New Franchise Agreements Signed So Far This Year

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Following a year of record-breaking sales and steady franchise growth, the community-oriented pizza franchise has continued to expand rapidly throughout 2021, putting it on pace to become a leader in the pizza industry.

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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

How much can franchisees make? This guide explains what drives franchise earnings and how to manage costs, with expert tips from multi-unit owner Mangesh Patel on maximizing your franchise income.

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Romeo’s Pizza Wraps Up Q3 of 2021 with 33 New Franchise Agreements Signed So Far This Year

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