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Below is an in-depth analysis and side-by-side comparison of Penn Station East Coast Subs vs Crepe Delicious 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 | $170,456 - $924,300 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | to8% | 6% |
Advertising Fee | 2-3% | 3% |
Year Founded | 1985 | 2004 |
Year Franchised | 1988 | 2005 |
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 | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Crepe Delicious is North America's fastest growing mall-based crepe franchise. Our crepes are made to order and served on-the-go. In addition to our primary crepe offerings, we also offer fresh panini sandwiches, pastries baked daily, and premium hot and cold beverages. Prime single unit, area development, and master franchise opportunities available. Complete turnkey operation, with ongoing support provided. For more information call toll free 1-877-582-7373 or email [email protected].