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Below is an in-depth analysis and side-by-side comparison of Metal Supermarkets vs Reis & Irvy's 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 | $160,950 - $593,900 |
Franchise Fee | $39,500 | $15,000 - $60,000 |
Royalty Fee | 6%-2% | 12% |
Advertising Fee | 1% | - |
Year Founded | 1985 | 2016 |
Year Franchised | 1987 | 2016 |
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 | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | On-The-Job Training: 120 hours Classroom Training: 60 hours | On-The-Job Training: 6 hours Classroom Training: 10 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 | 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 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
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 | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
The Reis & Irvy’s Kiosk offers premium frozen yogurt, ice cream, gelato and sorbet served in various different flavors plus a twist option. Through an interactive touchscreen ordering system, you simply choose flavors, then toppings, and the robot does all the rest - in 60 seconds or less! Reis & Irvy’s soft serve vending robots are located in high-traffic areas in malls, airports, hospitals and more.