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Below is an in-depth analysis and side-by-side comparison of J. Gumbo's vs The Hummus & Pita Co. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $143,000 - $300,500 | $278,400 - $780,500 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% |
Year Founded | 2006 | 2011 |
Year Franchised | 2007 | 2017 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $7500 |
Business Experience Requirements |
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Experience | - | One million liquidity. Must have owned and operated at least one brand for at least 5 years. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Training & operation materials and manuals. methods, formats, specifications, standards, systems, procedures, food preparation techniques, sales and marketing techniques, knowledge, and experience used in developing and operating The Hummus & Pita Co. Restaurants. Marketing, promotional and advertising research and programs for The Hummus & Pita Co. Restaurants. Knowledge of specifications for and suppliers of Operating Assets, Proprietary Products, and other products and supplies, including supplier pricing and related terms. We provide MLS system power by Wisetail - The Hummus Hub. |
Support | - | We provide support for public relations, market research, and other advertising, promotion, and marketing activities. Marketing advertising, promotion, and marketing activities Employee training, employee HR |
Marketing | - | Marketing advertising, promotion, and marketing activities |
Operations | - | We give turnkey operations if wanted with relationship with all vendors and types. From payroll to inventory, POS to third party delivery, etc. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
Thanks for your interest in partnering with us at J. Gumbo’s.