|
Below is an in-depth analysis and side-by-side comparison of Paciugo Italian Gelato vs 16 Handles including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $248,200 - $489,250 | $274,500 - $735,000 |
Franchise Fee | $20,000 - $30,000 | $30,000 |
Royalty Fee | 4.5% | 6% |
Advertising Fee | 2.5% + 2% | 2% |
Year Founded | 2000 | 2008 |
Year Franchised | 2004 | 2010 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $15K | 10% of the then franchise fee |
Business Experience Requirements |
||
Experience | - | Experienced business people, franchisees, and multi-unit operators |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | DVD | 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond. |
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) | A Franchise Business Consultant will be assigned to your store to assist with all business operations |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
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.