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Below is an in-depth analysis and side-by-side comparison of Kilwin's Chocolates vs Boloco Inspired Burritos including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $177,534 - $937,415 | $190,000 - $400,000 |
Franchise Fee | $20,000 - $40,000 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1% | - |
Year Founded | 1947 | 1997 |
Year Franchised | 1982 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | $10000 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | On-The-Job Training: 173 hours Classroom Training: 43 hours Additional Training: Online training; store visits | - |
Support | Newsletter Meetings/Conventions Grand Opening Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | - |
Operations | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Since 1947 Kilwins has been a celebrated part of Americana having earned a reputation for providing high quality products and excellent service. Our heritage was built on the simple premise of creating our products from the finest ingredients and providing customers with great service. Today we continue the tradition by uniquely combining high quality products with a warm friendly customer experience that is supported through a successful community of caring owner operators. We continue to offer the finest quality traditional down-home confections and ice cream that are kitchen made fresh from premium ingredients and original recipes.
Seeking new franchise units in the following regions/states:
Alabama, Arkansas, Colorado, Connecticut, District of Columbia,
Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana,
Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Nebraska,
North Carolina, New Hampshire, New Jersey, New York, Ohio, Oklahoma,
Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia,
Vermont, Wisconsin and West Virginia
boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.