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Below is an in-depth analysis and side-by-side comparison of Metal Supermarkets vs The Microwave Program including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $228,500 - $437,000 | $191 - And Up |
Franchise Fee | $39,500 | N/A |
Royalty Fee | 6%-2% | - |
Advertising Fee | 1% | - |
Year Founded | 1985 | - |
Year Franchised | 1987 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $7.5K | - |
Business Experience Requirements |
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Experience | The ideal candidate will possess the following: * Outgoing personality with a willingness to work hard to succeed * Ability to multitask and thrive in a fast-paced environment * Can effectively delegate and manage employees * Understands that building a business does not happen overnight * Willingness to work hard in order to achieve mid- to long-term meaningful financial rewards, versus short-term "home runs" | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 120 hours Classroom Training: 60 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
NO LONGER FRANCHISING
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Microwave Program
When the customer purchases the commercial style microwave, Item# 954552 for $191.02, he will get the following products worth $177.00 at cost. This equates to $275.00 at retail with a 36% markup.
Pride Of Iowa
1 - #417300 Cheeseburger PP $1.00
1 - #417304 Ham & Cheese PP $1.00
1 - #417308 Junior Sub PP $1.00
1 - #417310 Chicken Cheese PP $1.00
1 - #417318 Twin Chili Dog PP $1.79
Dandee Foods
1 - #417370 Meat Trio Butcher Wrap Sandwich
1 - #417353 Sausage, Egg, Cheese Toasted
1 - #417345 Microwave Hot Dog
Hot Pockets
1 - #415635 Pizza Pocket
1 - #415630 Ham & Cheese
1 - #415635 Pepperoni Pizza
1 - #415638 Philly Steak
Golden Valley Popcorn
1 - #109143 Act II Butter Popcorn
1 - # 98102 Act II Counter Rack
Note: There are no substitutions. The customer must receive all of the products listed for program to be activated.