| ||||
Updated RecentlyRunza Restaurants vs My Friend's Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Runza Restaurants vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $1,250,000 - $2,720,000 | $156,650 - $260,400 |
| Franchise Fee | $30,000 | $20,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1%+up to 4% locally | 1% |
| Year Founded | 1949 | 1980 |
| Year Franchised | 1970 | 1980 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $5000 | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| 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 |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Runza Restaurants
Owning a Runza Restaurant isn't just about serving sandwiches - it's
about serving communities. We opened our first restaurant in Lincoln,
Nebraska, in 1949, and we're still a family-owned business serving
communities in Nebraska, Kansas, Colorado and Iowa. Keeping it close to
home ensures each Runza Restaurant gets hands-on support from
headquarters, and each Runza meal is made with the same commitment to
quality, chain-wide.
We're always on the lookout for great people to become part of our
family and grow Runza 's presence in the areas we serve. If you're
interested, we encourage you to learn more about our process and how we support franchises. Then, peruse other Frequently Asked Questions and read some Franchisee success stories.
We are actively seeking Franchisee candidates in Nebraska, Kansas, Colorado, Iowa, Missouri and Wyoming only.
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!'