|
Below is an in-depth analysis and side-by-side comparison of Buffalo Philly's vs Vitality Bowls including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $215,200 - $376,100 | $170,100 - $604,000 |
Franchise Fee | $18,000 | $39,500 |
Royalty Fee | 4% | 6% |
Advertising Fee | - | 1.5% |
Year Founded | 2000 | 2011 |
Year Franchised | 2004 | 2014 |
Term Of Agreement | 10 years | 7 years |
Term Of Agreement | 10 years | 7 years |
Renewal Fee | $9K | - |
Business Experience Requirements |
||
Experience | Franchisee Profile *Passionate about VITALITY BOWLS *Passionate about healthy food and a healthy lifestyle *Local market knowledge *Minimum $30-60K liquid assets per store and total of $200k+ (May include lending) *Single store and multi unit development opportunities available, depending on your market *Retail or restaurant operations experience is helpful |
|
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | VITALITY BOWLS operates training units in Walnut Creek, CA. We will do our best to schedule your training in an area that is convenient for you. Training will also take place at your location before and/or after you open. Our training program teaches you the day-to-day operation of your VITALITY BOWLS unit. VITALITY BOWLS requires that the franchisee, an operating partner, or a general manager, designated by the franchisee, attend our full-time, training program. This program will teach you how to fully operate your VITALITY BOWLS unit from the ground up. We will not let you open until we are satisfied we have provided you with sufficient training to be successful. |
Support | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | After signing your franchise agreement, we are available for continuous, direct support. You can count on us for operational input and best practices information. In addition, we will visit you regularly to ensure you are maximizing the potential of your business and we are helping you in every way we can. On a continuing basis, we will drive the brand and support your efforts in marketing, real estate and development, supply chain, and IT. Should you have questions or need help with issues in these areas, you can call us. |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Buffalo Philly is a unique high-energy restaurant concept dedicated to serving family and friends of all ages. Our mission is to provide a quality meal with exceptional value, complete with professional customer service whether dining in our relaxed, friendly atmosphere or taking the order to go. Buffalo Philly's offers full catering to any special event or party, or you can bring your group here. At Buffalo Philly's�, great tasting food is our promise. Our menu will feature brand name products such as made to order Perdue Jumbo chicken and wings as well as Certified Black Angus Steak. Our products are 100% guaranteed whether you choose from our 9 delicious sauces for your wings or a mouthwatering Philadelphia cheesesteak with saut�ed Vidalia onions and portabella mushrooms.