|
Below is an in-depth analysis and side-by-side comparison of Paciugo Italian Gelato vs Boloco Inspired Burritos including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $248,200 - $489,250 | $190,000 - $400,000 |
Franchise Fee | $20,000 - $30,000 | $25,000 |
Royalty Fee | 4.5% | 6% |
Advertising Fee | 2.5% + 2% | - |
Year Founded | 2000 | 1997 |
Year Franchised | 2004 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $15K | $10000 |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | DVD | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | - | - |
Operations |
12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
Ciao a tutti! We welcome you to explore this opportunity we offer to join the Paciugo family! Franchisees share our vision of introducing authentic Italian gelato throughout the United States, and we believe Paciugo franchise ownership is an attractive business opportunity. Franchises are available with Paciugo throughout the United States. A Proven Product Our history offers a glimpse into the possibilities at Paciugo, beginning in 2000 when the first Paciugo gelateria opened at West Lovers Lane in Dallas, Texas. Paciugo quickly developed a loyal following, and by 2004 had a local presence with eight stores and kiosks operating in the Dallas Metroplex. Paciugo's success is grounded in our commitment to the authentic Italian gelato tradition. We do not sacrifice our product for cheaper or faster alternatives, and our customers recognize this. That is why our customer survey results in 2005 rated Paciugo gelato higher than premium ice cream food service concepts in the categories of better health, lower fat, superior taste, and higher quality. Purchasing Power We have direct access to the best Italian suppliers for the highest quality and most cost effective ingredients and machinery. A Good BrandPaciugo is a trusted brand because we stand firm behind our motto, Ante Lucrum Nomen "Reputation before Profit." Most of our early franchisees are long-time Paciugo customers or had been Paciugo employees. As our franchisee, you can rest assured that you are representing a first-class and honest brand.
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.