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Updated RecentlyMillion Snacks vs Petro's Chili & Chips Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Million Snacks vs Petro's Chili & Chips including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $109,050 - $302,000 | $75,000 - $324,950 |
| Franchise Fee | $2,000 | $15,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 4% local+1% Nat'l |
| Year Founded | 2009 | - |
| Year Franchised | 2009 | - |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business. | |
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/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | - | Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips � restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening. |
| Support | - | - |
| Marketing | Co-op Advertising Ad Templates Regional Advertising | - |
| Operations | - | |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Million Snacks
At Million Snacks our mission is to give everyone an opportunity to own their own business while securing their future and financial goals. We know that taking the plunge into owning a business can be difficult, especially after layoffs or career changes. One of the most successful ways to maneuver into owning a business is through franchising. With that in mind, Million Snacks has perfected their franchise model to make it one of the most affordable in the industry.
When you compare a Million Snacks Franchise Opportunity to some of the most popular fast food eateries on the market, we have the lowest franchising fee, lowest royalty fee in the snack food industry, and low startup costs. We have purposely made our franchise model MUCH more affordable.
Why pay more to make your business dreams a reality, and to get your financial goals heading in the right direction?
Why pay more than you need to when a Million Snacks Franchise offers you
- A quality menu that provides much healthier alternatives to the average junk food sold by our competitors.
- Startup cost flexibility using Express and Standard Models to create the size service store you want.
- Assistance and training in your franchise.
If you're ready to start, we're ready to show you how... with a proven system that works!
We guide you through the process and offer the support you need in order to help you succeed.
About Petro's Chili & Chips