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Updated RecentlyPhilly Pretzel Factory vs Potatopia Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Philly Pretzel Factory vs Potatopia including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $133,999 - $351,193 | $182,725 - $475,150 |
| Franchise Fee | $35,000 | $35,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 1.5% - 2% |
| Year Founded | 1998 | - |
| Year Franchised | 2005 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| 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 |
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| Training | On-The-Job Training: 5+ days Classroom Training: 5 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 | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Philly Pretzel Factory
The total initial investment necessary to begin operating a single full-production Philly Pretzel Factory located in a Walmart or other big-box retailer ranges from $133,999 to $196,087. This includes approximately $37,000 to $41,700 that must be paid to the franchisor and/or its affiliate.
#80 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Veteran Incentives $1,776 off franchise fee
About Potatopia
At Potatopia®, we're committed to the accomplishment of our Franchise Partners and are centered around giving world-class support and administration in view of regard and trust. When you join the Potatopia family, you'll be working with experienced experts who have broad brand building, promoting, improvement, and operational involvement in all elements of the foodservice establishment industry. Here's a little taste of the administration you'll get:
Land and Store Development
• Prototypical plan and theoretical designs for new establishments
• Assistance with land administrations including a committed renting group that will proactively distinguish new land openings and lead LOI proposition, rent arrangement, and rent survey
• Full Build out Support with a Certified Project Manager
The Investment
Potatopia has made two center store models to look over. We are looking for profoundly energetic and conscientious people to dispatch and work these adaptable models. The underlying speculation important to start the operations of a Potatopia eatery ranges from $182,725 to $297,050 for a booth area and $265,775 to $475,150 for a customary area. Establishment Fee Discounts are accessible for multi-unit improvement assentions.
Least prerequisites
• Cash liquidity of $100,000
• Net worth of at any rate $300,000
• $35,000 franchise fee