Wetzel's Pretzels vs Cinnaholic Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wetzel's Pretzels vs Cinnaholic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$126,600 - $405,850 | $178,000 - $308,500 |
Franchise Fee |
$35,000 | $35,000 |
Royalty Fee |
7% | 5% |
Advertising Fee |
1% | 2% |
Year Founded |
1994 | 2010 |
Year Franchised |
1996 | 2014 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/Yes |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
Yes/Yes | -/Yes |
Inventory |
No/Yes | -/Yes |
Receivables |
No/No | -/Yes |
Payroll |
No/No | -/Yes |
Training & Support |
Training |
On-The-Job Training: 40 hours
Classroom Training: 40 hours
|
On-The-Job Training: 40 hours+
Classroom Training: Varies
|
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Security/Safety Procedures
Field Operations
Site Selection
Franchisee Intranet Platform
| Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
|
Marketing |
Ad Templates
Social media
SEO
Email marketing
Loyalty program/app
| Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
| Absentee Ownership Allowed
Number of Employees Required to Run: 4 - 10 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | Yes |
Company Overviews
About Wetzel's Pretzels
Wetzel's Pretzels founded by Rick Wetzel & Bill Phelps, former marketing executives in 1994. 1st Wetzel's Pretzels located in South Bay Galleria in Southern California. First store was opened in 1995 Century City, Hollywood.
In 1996 Wetzel's Pretzels began franchising. Currently they have locations across United States (Universal City, Staples Center, Dodgers Stadium, Disneyland, Disney world) & internationally. Currently co-branding relationship with Cold Stone Creamery, Swensen's, Juice It Up and more.
Beginning of 2016 Wetzel's franchise fast food restaurants had 298 locations out of them 269 US locations; 2 in Canada; 19 worldwide; and 8 owned by the company itself.
Popular products:
Pretzels, consisting of several different flavors
Frozen Lemonade, sold in a variety of flavors.
Frozen Granita, a frozen version of the Italian dessert
The franchisor offers 3 franchise programs:
- A single Wetzel's Pretzels Bakery. The total investment necessary
to begin operation of a Wetzel's Pretzels Bakery ranges from $164,950
to $405,850. This includes approximately between $42,350 and $50,750
that must be paid to the franchisor. If Wetzel's Pretzels grants you a
license to operate a Remote Mobile Unit under a Remote Mobile Unit
Addendum to your Franchise Agreement, you will also pay it a fee of
$5,000 for a Remote Mobile Unit.
- Multiple Wetzel's Pretzels Bakeries within a defined area pursuant
to a Multi-Unit Development Agreement. There is an initial development
fee of $15,000 multiplied by the number of Bakeries which you must open,
plus the balance of the initial franchise fee ($20,000) for your first
Franchise Agreement. You will pay an initial franchise fee of $35,000
for each Bakery ($22,500 for a second Bakery in the same mall). However,
the franchisor will credit the development fee against the initial
franchise fees (at the rate of $15,000 for the second and each
subsequent Franchise Agreement).
- A single Wetzel's Pretzels Concession Truck or Trailer. The total
investment necessary to begin operation of a Wetzel's Pretzels Concession Truck or Trailer ranges from $126,600 to $275,850. This
includes approximately between $9,000 and $14,750 that must be paid to
the franchisor.
#497 in Franchise 500 for 2020.
About Cinnaholic
Join one of the fastest growing bakery franchises!
We’re not your typical dessert shop. Cinnaholic exploded onto the scene in 2010 with our award-winning, gourmet cinnamon rolls. We believe in serving fresh, scratch-made cinnamon rolls and other bakery products that meet the growing consumer demand for non-traditional, plant-based food alternatives. All our products are 100% dairy and lactose-free, egg-free and cholesterol-free.Our product is a craft of love, passion and dedication. When you open a Cinnaholic franchise, you become part of the Cinnaholic family. Our franchise partners benefit from a flexible business model, relatively low operating costs and high-quality, delicious products that consumers come back for time and time again. Cinnaholic was named to Entrepreneur Magazine’s Franchise 500® list in 2019, and a Top New Franchise in 2018! We appeared on ABC’s Shark Tank and ABC News, and in countless business, financial and trade publications.
Are you ready to trade in your desk job for a chance to make people smile and make mouths water?
Come join us!
Veteran Incentives 20% off franchise fee
#477 in Franchise 500 for 2020.