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Below is an in-depth analysis and side-by-side comparison of Moe's Italian Sandwiches vs Vitality Bowls including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $93,500 - $159,500 | $170,100 - $604,000 |
Franchise Fee | $15,000 | $39,500 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1%local +1%Nat'l | 1.5% |
Year Founded | 1959 | 2011 |
Year Franchised | 1993 | 2014 |
Term Of Agreement | 10+15+15 | 7 years |
Term Of Agreement | 10+15+15 | 7 years |
Renewal Fee | Then current fee | - |
Business Experience Requirements |
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Experience | - | Franchisee Profile *Passionate about VITALITY BOWLS *Passionate about healthy food and a healthy lifestyle *Local market knowledge *Minimum $30-60K liquid assets per store and total of $200k+ (May include lending) *Single store and multi unit development opportunities available, depending on your market *Retail or restaurant operations experience is helpful |
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 | 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 | VITALITY BOWLS operates training units in Walnut Creek, CA. We will do our best to schedule your training in an area that is convenient for you. Training will also take place at your location before and/or after you open. Our training program teaches you the day-to-day operation of your VITALITY BOWLS unit. VITALITY BOWLS requires that the franchisee, an operating partner, or a general manager, designated by the franchisee, attend our full-time, training program. This program will teach you how to fully operate your VITALITY BOWLS unit from the ground up. We will not let you open until we are satisfied we have provided you with sufficient training to be successful. |
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. | After signing your franchise agreement, we are available for continuous, direct support. You can count on us for operational input and best practices information. In addition, we will visit you regularly to ensure you are maximizing the potential of your business and we are helping you in every way we can. On a continuing basis, we will drive the brand and support your efforts in marketing, real estate and development, supply chain, and IT. Should you have questions or need help with issues in these areas, you can call us. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.