|
Below is an in-depth analysis and side-by-side comparison of Philly Pretzel Factory vs Repicci's Italian Ice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $133,999 - $351,193 | $40,350 - $162,850 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 6% | $3,600 per year |
Advertising Fee | 2% | - |
Year Founded | 1998 | 1998 |
Year Franchised | 2005 | 2005 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $2000 |
Business Experience Requirements |
||
Experience | "Someone who is willing to follow a system. We want someone who has the entrepreneurial spirit, but they have to understand that we have a proven model here." - Daniel DiZio, CEO and co-founder | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | No/No |
Start-up Costs | -/Yes | No/No |
Equipment | -/Yes | No/No |
Inventory | -/Yes | No/No |
Receivables | -/Yes | No/No |
Payroll | -/Yes | No/No |
Training & Support |
||
Training | On-The-Job Training: 5+ days Classroom Training: 5 days | * Available at headquarters: 3 days * At franchisee's location: 2 days |
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 | Co-op Advertising 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: 2 - 6 | * Franchise can be run from home * Number of employees needed to run franchised unit: 1 - 2 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
Repicci's is a mobile food truck business opportunity. We sell
authentic Italian Ice & Gelato. Join our growing family of 48 franchisees.