Milio's Sandwiches vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Milio's Sandwiches vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Milio's Sandwiches Franchise
My Friend's Place Franchise
Investment $180,000 - $500,000$156,650 - $260,400
Franchise Fee $30,000$20,000
Royalty Fee 6%5%
Advertising Fee 3.5%1%
Year Founded 19891980
Year Franchised 20051980
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Milio's Sandwiches Franchise
My Friend's Place Franchise
Experience

We're looking for outgoing, results-oriented franchise candidates with strong track record of business success; people that can build relationships, lead teams, and have the motivation to excel! Food industry experience a plus. *Liquid Capital Required: $100,000 *Net Worth Required: $150,000

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Financing Options

 
Milio's Sandwiches Franchise
My Friend's Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Milio's Sandwiches Franchise
My Friend's Place Franchise
Training -1. Headquarters 12 Business Days

2. Franchisee Site 12 Business Days

Support -Field Operation Evaluation

Field Training: At Additional Cost

Initial Store Opening

Inventory Control: At Additional Cost

Marketing --
Operations -Average Number of Employees: 2 Full-time, 2 Part-time

Passive Ownership: Not Allowed


Expansion Plans

 
Milio's Sandwiches Franchise
My Friend's Place Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Milio's Sandwiches

We're Hot! It might be cold-cuts, but our industry is hot. Sandwiches are the fastest growing category, with sales of quick serve restaurants specializing in sandwiches reaching over $10 billion. The average American eats 193 sandwiches per year and visits a franchise sandwich store an average of 2.5 times per week. What makes the typical Milio's franchise so terrific? The secret's in the sub! We start with the highest quality meats and cheeses. Add onions, lettuce and tomatoes. Even our bread is baked fresh daily, right in each store. It's simple for customers to order from Milio's. A streamlined system keeps store operations simple for our team members. Our franchise program simplifies business ownership for qualified, motivated individuals. We are currently looking for new franchisees throughout Minnesota, Wisconsin, Iowa, Illinois and Nebraska; fulfill your dream of owning your own business with this tremendous franchise opportunity.
Here's what makes Milio's Sandwiches a great opportunity for you: *Tremendous locations available *Sandwich segment in a state of explosive growth *Consumers eat sandwiches 2.5 times a week *Turnkey operations *Training and support from experts *Proven systems Training & Support: The systems, training and support to get you going...and keep you growing. The Milio's franchise program gives you the tools, instruction and guidance to be able to open a location of your own and to continue to strengthen business in the years to come.
Here's what you'll receive: *Use of the Milio's name and logo. *Assistance in site selection, restaurant design and initial recruitment. *Training in management, marketing, food preparation and customer service. *Ongoing operational and promotional support and consultation. *Ongoing development of new menu items, vendor sourcing and operational techniques.

About My Friend's Place

A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'