|
Below is an in-depth analysis and side-by-side comparison of Pretzelmaker vs Shuckin' Shack including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $205,200 - $327,000 | $252,700 - $841,750 |
Franchise Fee | $15,000 - $25,000 | $45,000 |
Royalty Fee | 7% | 3.5-5.5% |
Advertising Fee | 1.5% | 1.5% |
Year Founded | 1991 | 2007 |
Year Franchised | 1992 | 2014 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | The company requires successful completion of a 5 day training program offered in Norcross, GA, as well as a 3 day in-store training session. | On-The-Job Training: 80 hours Classroom Training: 64 hours |
Support | - | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 20 |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Pretzelmaker have developed to end up pioneers in the delicate pretzel class, spend significant time in offering steaming hot, crisp heated, new curved pretzels, pretzel canines, newly crushed lemonade, and chilly drinks everywhere throughout the world. Pretzel Time works more than 190 stores situated in 30 states and five global areas. Pretzelmaker stores can be found in more than 190 areas in 33 states and two nations. NexCen added Pretzelmaker to its QSR fragment in August 2007. With the brand's dedication to crisp quality items and imaginative new menu things, NexCen's advertising and marking specialists will manufacture the pretzel business past "simply the pretzel idea in the shopping center," into a brought together brand with solid situating, an item development center and a convincing look and feel. NexCen arrangements to raise the pretzel business in purchasers' psyches in both the household and worldwide commercial center.