Moe's Italian Sandwiches vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Moe's Italian 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

 
Moe's Italian Sandwiches Franchise
My Friend's Place Franchise
Investment $93,500 - $159,500$156,650 - $260,400
Franchise Fee $15,000$20,000
Royalty Fee 5%5%
Advertising Fee 1%local +1%Nat'l1%
Year Founded 19591980
Year Franchised 19931980
Term Of Agreement 10+15+15-
Term Of Agreement 10+15+15-
Renewal Fee Then current fee-


Business Experience Requirements

 
Moe's Italian Sandwiches Franchise
My Friend's Place Franchise
Experience --

Financing Options

 
Moe's Italian 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

 
Moe's Italian Sandwiches Franchise
My Friend's Place Franchise
Training

A designated manager and one employee must attend and successfully complete the training program established by the company at one of our training locations to be designated

1. Headquarters 12 Business Days

2. Franchisee Site 12 Business Days

Support

*You will receive Moe's Operation Manual which covers the many important aspects of your business operation. *As manuals are updated, revisions will be sent to you. *You will receive regular visits from our field reps who will consult with you and offer useful advice and counsel on your operation. *We have quarterly meetings to provide you with the ongoing training and tools you will need to operate a successful Moe's Italian Sandwich Franchise.

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

 
Moe's Italian Sandwiches Franchise
My Friend's Place Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Moe's Italian Sandwiches

If you are reading this, you are like millions of other people who think about owning their own business versus working for someone else. Most of you want the ability to increase your earning power, maximize job security, control your quality of life, have long term equity, or to own a family business. Often, people start their own business out of frustration with the corporate "rat race", have been laid off one too many times, are retired from the corporate world and still want to work for themselves, or they have a vision and want to be in control of their future. Everyone usually asks the same questions: Should I try to start my own business from scratch or buy into a franchise with a system that has been around? *Where do I start if I really want to do it? *How much money do I need to get started? *Where do I get the money? *Do I really have the desire to make a change? *How much money will I make? They all realize there is a tremendous opportunity in the restaurant segment because it is recession proof and it continues to grow every year. Why choose Moe's over the other franchise options? *Our $15,000 franchise fee is one of the lowest *Our Royalty fee (5%) and Ad Fund fee (1%) are among the lowest *Help with business plans and finding equipment leases *Protected territories upon signing franchise agreement *Our products are second to none. Taste and compare the difference before you decide *We have kept the concept simple for easy training, low staffing needs, and maximum profitability *Over 50 years of heritage and tradition in New England *We are not too big that we forget how important your business is - we started with one unit just like you *We have selected equipment lineups that keep start-up, maintenance, and utility costs lower than others *Convenience and take out foods are the fastest growing segment in the restaurant industry *Most importantly - We have available territories! - Get in on the ground floor now.

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!'