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Below is an in-depth analysis and side-by-side comparison of Marvelous Market vs Penn Station East Coast Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $200,000 - $399,000 | $383,844 - $613,764 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | - | to8% |
Advertising Fee | - | 2-3% |
Year Founded | - | 1985 |
Year Franchised | - | 1988 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | $2500 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | No/Yes |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
NO ONLINE CONNECTION
Established in 1990, Marvelous Market is the defining standard in gourmet grab-and-go convenience food retailing. Today, Marvelous Market has embarked on an aggressive expansion strategy to secure our position throughout the Washington, DC metropolitan market. By offering better, healthier, faster food, the Marvelous Market franchise system capitalizes on the growing trends of rising household income and tastes, and declining leisure time