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Below is an in-depth analysis and side-by-side comparison of Philly Pretzel Factory vs Fire and Rice 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 | $76,860 - $131,850 |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1998 | 2011 |
Year Franchised | 2005 | 2011 |
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 | We are there for our franchisees every step of the way. Support will be provided to Fire & Rice franchisees through onsite support, phone support, and virtual support. We help you get running and ensure your success through ample reinforcement. |
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 | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Fire & Rice is a fun alternative to your typical catered affair
featuring delicious, freshly cooked paella. Offering a fun and
interactive event by providing customers a complete dinner and a show
experience, paella is prepared right in front of guests and they are
invited to get involved, ask questions and interact with other guests.
We truly bring the party to every event!