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Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs Pretzels Plus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $383,844 - $613,764 | $59,000 - $125,000 |
Franchise Fee | $25,000 | $10,000 |
Royalty Fee | to8% | 4% |
Advertising Fee | 2-3% | - |
Year Founded | 1985 | 1991 |
Year Franchised | 1988 | 1991 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | $2500 | $6000 |
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 | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
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 |
If you are thinking about starting a business, let Pretzels Plus® show you how to become a successful franchisee.
Not only will you profit from the satisfying reward of your own business, but you will profit from the professional, well-trained personnel and a proven product that appeals to 96% of the buying public. Our product is affordable and practically “recession proof”.