| ||||
Updated RecentlyMax & Erma's vs I Dream of Falafel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Max & Erma's vs I Dream of Falafel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $622,500 - $3,100,000 | $337,811 - $470,302 |
| Franchise Fee | $40,000 | $25,000 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | - | 3% |
| Year Founded | 1972 | 2009 |
| Year Franchised | 1998 | 2011 |
| Term Of Agreement | - | 10 years +5+5 |
| Term Of Agreement | - | 10 years +5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
| Support | - | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Max & Erma's
In 1972, Max & Erma created a fun, unique, gourmet hamburger restaurant you could take friends & family to, decorating it with quirky artifacts & local paraphernalia. Since that day, we've been committed to providing our guests with delicious all-American food & friendly service in a relaxed atmosphere the whole neighborhood can enjoy. We've grown over the years, but always remain true to what made us successful - delivering a great guest experience. After all, Max & Erma wouldn't have it any other way.
We believe that a great experience starts with our food. That's why we use the freshest, highest quality ingredients in everything we serve. Freshness and quality are truly the foundations upon which Max & Erma's was built. We make every effort to do things the right way, not the easy way. We believe this dedication and passion is the reason we're better and the reason our guests return more often. Our market research tells us that our guests know what they are going to order before they get to our restaurant because they crave certain items, our signature dishes. Many guest favorites include our delicious Chocolate Chip Cookies, Tomato Mozzarella Chicken Sandwich, Cajun Shrimp & Pasta, Laredo Steak, Santa Fe Salad, Buffalo Chicken Sandwich, Hand-Battered Onion rings and our famous Gourmet Hamburgers.
About I Dream of Falafel
A Flavorful Opportunity with the I Dream of Falafel Mediterranean Restaurant Franchise Consumers are not only looking for great taste and affordability but also varied, healthier menu options. The I Dream of Falafel Mediterranean restaurant franchise fulfills their wishes! According to a number of media sources, the popularity of Mediterranean cuisine1 (including hummus, chickpeas, yogurt, olive oil, and other items deemed healthful by consumers), continue to grow year over year, as does revenue from sales of Mediterranean-inspired menu selections That's why I Dream of Falafel is appealing to so many different types of customers: from younger students to older professionals, from families to singles, plus vegetarians and vegans, and more - just about everyone can find something to love. The I Dream of Falafel menu is streamlined, yet amazingly diverse, with a nearly limitless number of possible meal combinations and fresh options for all our guests.