Pretzel Time vs Barry's Cheesesteaks Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Pretzel Time vs Barry's Cheesesteaks including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Pretzel Time Franchise
Barry's Cheesesteaks Franchise
Investment $145,000 - $254,000$223,262 - $439,767
Franchise Fee $25,000$30,000
Royalty Fee 7%-
Advertising Fee 1-3%-
Year Founded 19912019
Year Franchised 19922019
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee --


Business Experience Requirements
 
Pretzel Time Franchise
Barry's Cheesesteaks Franchise
Experience --

Financing Options
 
Pretzel Time Franchise
Barry's Cheesesteaks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Pretzel Time Franchise
Barry's Cheesesteaks Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Pretzel Time Franchise
Barry's Cheesesteaks Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Pretzel Time

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

About Barry's Cheesesteaks

"Barrys

"Concept

Offers franchises to operate a quick-serve restaurant offering authentic Philly Cheesesteaks, burgers and wings, as well as the opportunity offer catering and/or delivery where appropriate designed by Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and More. The franchisor offers 2 purchase options: a Single Unit Franchise or a Multi-Unit Development Agreement, under which you must open a minimum of two locations within a specified period of time.

The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and More franchised business is between $223,262 and $427,267. This includes between $30,000 and $40,000 that must be paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
The total estimated initial investment under a Multi-Unit Development Agreement for two outlets, including the costs to build and equip the first outlet is $235,762 to $439,767. This includes $42,500 to $52,500 that must be paid to the franchisor and/or its affiliates.