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Below is an in-depth analysis and side-by-side comparison of Pretzel Time vs Philly's Own Soft Pretzel Bakery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $145,000 - $254,000 | $163,750 - $243,500 |
Franchise Fee | $25,000 | $29,500 |
Royalty Fee | 7% | 7% |
Advertising Fee | 1-3% | $100/ month |
Year Founded | 1991 | - |
Year Franchised | 1992 | - |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
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/- |
Start-up Costs | No/Yes | No/- |
Equipment | No/Yes | No/- |
Inventory | No/Yes | No/- |
Receivables | No/No | No/- |
Payroll | No/No | No/- |
Training & Support |
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Training | - | As a new franchisee, you will attend classroom training at our corporate facility in Doylestown, PA. Also, at the time your shop opens for business, a corporate trainer will be on-hand to assist with the process. After your shop opens, we will assist you and your staff anytime help is needed. We will visit your store from time-to-time to provide guidance, as well. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Pretzel Time introduced their famous soft pretzel in 1991 and have grown to become leaders in the soft pretzel category, specializing in offering steaming hot, fresh-baked, fresh twisted pretzels, pretzel dogs, freshly squeezed lemonade, and cold beverages all over the world. Pretzel Time operates over 190 stores located in 30 states and five international locations. NexCen added Pretzel Time to its QSR segment in August 2007. With the brand's commitment to fresh quality products and innovative new menu items, NexCen's marketing and branding experts will build the pretzel business beyond "just the pretzel concept in the mall," into a unified brand with strong positioning, a product innovation focus and a compelling look and feel. NexCen plans to elevate the pretzel business in consumers' minds in both the domestic and international marketplace. For more information, please visit www.pretzeltime.com
Owning a Philly's Own Soft Pretzel Bakery is a unique opportunity. Our shops main product line is one that everyone loves, soft pretzels! We offer two very popular styles of pretzels with the Philly Style Soft Pretzel and Grandma's Sweet Soft Pretzel. Our pretzels come in a variety of flavors as well. This diverse product offering attracts a wider customer base. Our other fine baked goods, as well as our delicious line of drinks expands our shops' appeal even further. If you are someone looking for your first business opportunity, we invite you to explore Philly's Own Soft Pretzel Bakery. And for those of you seasoned business owners, we look forward to discussing the advantages of becoming an owner in our Philly's Own franchise system.