Round Table Pizza offers franchises for operating restaurants serving pizza and related foods under well-known marks like ROUND TABLE PIZZA. Known for its Dine-In and Delivery/Carryout models, it operates in the quick-service restaurant sector.
Round Table Pizza is a chain and franchise of pizza parlors in the Western United States. The first Round Table Pizza restaurant was opened in 1959, and the company has over 400 restaurants. The company is headquartered in Atlanta, Georgia.
Read more on Wikipedia → · Facts from Wikipedia (CC BY-SA)
The total initial investment necessary to begin operation of one FATBURGER restaurant within a Round Table Pizza Restaurant (New Construction) ranges from $920,100 to $2,556,500. This includes an initial fee of $25,000 per Restaurant [p.2].
The initial franchise fee is $25,000 for your first Restaurant, as disclosed more fully in Item 5 [p.42]. This fee is uniform across different models such as Dine-In Model and DCU Model Restaurants [p.31, p.34].
The ongoing royalty fee is based on the greater of a percentage of Net Sales or a minimum monthly amount of $750 (adjusted for accounting period length) [p.102]. There is no specific mention of an advertising fee, but contributions to an advertising fund are used by the franchisor for various marketing activities and can use up to 15% of the fund for soliciting franchise sales [p.126] [p.102].
The initial term of the franchise agreement automatically renews for successive one-year terms unless either party provides written notice of non-renewal at least 60 days prior to the then-current term's expiration [p.289]. This means you can continue your franchise operation on a year-to-year basis until either you or the franchisor decides not to renew [p.101 and p.289].
According to the FDD, a provision permits the franchisor to refuse to permit a transfer of ownership of a franchise except for good cause [p.211(g)]. This means that any sale or transfer would need approval from the franchisor based on their determination of good cause.
According to [p.206] and [p.211], the franchisor can terminate the franchise agreement only for good cause, which includes the failure of the franchisee to comply with any lawful provision of the franchise agreement and to cure such failure after being given written notice and a reasonable opportunity (no more than 30 days) to do so. Additionally, termination without good cause or refusal to renew on bad faith is unlawful in Indiana as per Indiana Code section 23-2.2.7-1.
This isn't specified in the excerpts. The FDD does not provide specific details on net worth or liquid capital requirements for franchisees. However, it does mention that prospective franchisees must demonstrate adequate financial resources and capital to operate the Licensed Restaurant [p.131], and Franchisor will assess this capability based on current criteria applied to other applicants [p.171].
Based on the provided excerpts, you will not receive an exclusive territory [p.63, p.66]. The franchisor reserves the right to own or operate restaurants and franchise others under the same name in your area [p.65], and your protected territory, if any, will be specified in your Franchise Agreement [p.53].
The franchisor provides initial training and indoctrination courses to franchisees and their managers before a restaurant opens [p.59]. This includes a certified food safety training course at the franchisee's expense [p.59]. Ongoing training is also required, with personnel needing to receive ongoing training in the use and operation of the Brand Technology System [p.294]. If support from the Help Desk is needed for issues that could have been resolved by properly trained personnel, fees may be invoiced [p.294].
As of December 31, 2024, there were no franchised Smokey Bones restaurants operating [p.13]. This isn't specified in the excerpts regarding any closures or terminations.
The franchisor can provide financial performance information if there is a reasonable basis for it, as detailed in Item 19 of the Disclosure Document [p.79]. However, the franchisor does not make any other financial performance representations except for providing actual records of an existing outlet being considered for purchase [p.86].
You are restricted to offering for sale only the products and services approved in writing by the franchisor as stated in the Manuals. You must offer the specific brand and/or product mix required, which can be specified either by percentage of inventory stocked or retail space. The franchisor may change these specifications periodically and designate certain items as mandatory. For supplies, you may have to buy or lease items from the franchisor or a limited group of suppliers designated by them, which could potentially be more expensive than other options [p.5].