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Below is an in-depth analysis and side-by-side comparison of Million Snacks vs Hummus & Pita Co 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 | $409,000 - $734,500 |
Franchise Fee | $2,000 | $40,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1% | 3% |
Year Founded | 2009 | 2011 |
Year Franchised | 2009 | 0 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Prospective franchisees must meet the minimum requirements listed below in order to be considered for a Hummus & Pita Co. franchise. * $1MM net worth * $500K liquid capital available for investment * Willing to develop a territory of at least 5 Units * Ready to begin territory development within the next 3 months | |
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 | - | - |
Support | - | The Hummus & Pita Co. is committed to quality and consistency at every location and has developed systems which make duplicating the famous recipes and flavors easy for franchisees. We use best-in-class partners to guarantee product consistency and distribution to all restaurants. Additional support provided to franchisees includes: * Real Estate/Site Selection * Store Build-Out/Construction * Training Systems * Operational Support * Recipe and Menu Development * Marketing and Brand Building * Vendor and Equipment Selection * Point of Sale System * Pre-Opening/Grand Opening Support * Business Consulting |
Marketing | Co-op Advertising Ad Templates Regional Advertising | - |
Operations | - | |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.