Romeo's Pizza INFO
About Romeo’s Pizza
Founded in 2001 in Medina, Ohio, Romeo’s Pizza is an award-winning, food-first pizza community. With 50 locations and counting, Romeo’s Pizza delivers purpose-driven, handcrafted excellence through our team of local pizza champions. We believe pizza is always the answer. We deliver sweet smiles, one slice at a time. We positively impact our communities through our Pizza with a Purpose initiative. This initiative supports local, national and worldwide organizations that believe in making a positive impact on people and our planet. Learn more about Romeo’s Pizza at https://www.romeospizza.com. To learn more about Romeo’s Pizza franchising opportunities, visit https://romeospizzafranchise.com.
Why This Industry?
The pizza segment is one of the few in the food industry that has been booming amid the pandemic — and Romeo’s is no exception.
In 2020, the COVID-19 pandemic provided a shot in the arm to takeout and delivery restaurants, with the pizza segment benefiting more than any other. As a result, Romeo’s sales exploded, and this year, as COVID vaccines roll out and Americans begin to put the pandemic in the rearview, Romeo’s continues to experience dramatic sales growth, reporting a 14% same-store sales increase across its franchise system in the first quarter of 2021.
Romeo’s theory behind the pizza industry’s flourishing state of success? Pizza connects. Forty-three percent of Americans eat pizza once a week, 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 believes that pizza brings people together, creating a sense of community wherever it appears.
Why Is Now the Time To Invest?
Romeo’s is on the cusp of massive growth. In 2018 Romeo’s experienced the highest sales in its 20-year history. In 2019 it broke that record again. Then, in 2020, when the pizza industry thrived during the COVID-19 pandemic, Romeo’s shattered its previous record once more.
The brand recently opened its 50th location and so far this year, Romeo’s has already signed 28 new franchise agreements and is on track to reach its goal of 60–70 open stores by the end of 2021.
Of course, much of Romeo’s success can be attributed to its product: handcrafted pizza with high-quality ingredients and a signature sweet sauce that CEO Ryan Rose says “customers try it once, and they are hooked.” But Romeo’s stores offer their communities more than just top-tier pizza. The brand is adamant about making each location a pillar of its neighborhood, supporting the communities both inside and outside the stores.
How Much Does It Cost?
The cost to open a Romeo’s Pizza franchise ranges from $190,800 to $640,500, including a $30,000 franchise fee.
How Much Can I Make?
In 2020, Romeo’s Pizza posted same-store sales growth of 26% and a $823,910 Median Franchisee Sales Volume.