Taste of Philly vs Mr. Pretzels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taste of Philly vs Mr. Pretzels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Taste of Philly Franchise
Mr. Pretzels Franchise
Investment $203,500 - $418,000$50,000 - $250,000
Franchise Fee $30,000$20,000
Royalty Fee 6%6%
Advertising Fee -3.5%
Year Founded -1993
Year Franchised -1994
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Taste of Philly Franchise
Mr. Pretzels Franchise
Experience -$750,000 USD Net Worth

$250,000 USD Liquid Assets

Solid business experience

Multi-unit management

Proven expertise in retail (food and beverage a plus)

Previous franchise experience advantageous


Financing Options
 
Taste of Philly Franchise
Mr. Pretzels Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Taste of Philly Franchise
Mr. Pretzels Franchise
Training -Comprehensive Training # Extensive Store Training Programs that include a Mr. Pretzels overview, store opening procedures, service training, and training for all levels of staff. # Comprehensive Training Manual that covers all management and staff procedures - from opening to closing - plus information on financial reporting, accounting, inventory, and human resource management.
Support -World-Class Franchisee Support Services Printer-Friendly Pre-Opening and Operation Support * Assistance with every phase of store development: from initial layout through ongoing operations. * Your Mr. Pretzels Consultant will be your direct liaison to our staff at Mr. Pretzels' Support Center. * Expert guidance on store construction, grand opening, building sales, optimizing profits, training, marketing, ongoing research and development, and more.
Marketing --
Operations --

Expansion Plans
 
Taste of Philly Franchise
Mr. Pretzels Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Taste of Philly

One item that has made Philadelphia famous and has been enjoyed by its natives is the hoagie. It reflects the strong presence of Italian heritage that began primarily in South Philadelphia, around the original colonial settlements. Some will dispute its origin, but no one can dispute its popularity there and in the surrounding region. Legend has it that the name involves Philadelphia’s Hog Island and originated during World War I. Italian shipyard workers combined meats and cheeses on long rolls and named them after the island. Others contend that the sandwich size was enough to fill a hog. While the legend, either this or others, may not be real, the strong ties to the community are undeniable.
Each of our restaurants is individually owned and operated. We are always looking to open new restaurants and expand. A dozen high-volume stores currently stretch from Denver to Colorado Springs, and Taste of Philly is now looking beyond Colorado. We have a good market in Denver, and we are going to take a more rapid approach to expanding.

About Mr. Pretzels

Mr. Pretzels currently offers franchising opportunities for individuals and companies that adopt the strategy of multi-unit territory development. This business model enables our partners to build the brand in their territory as well as leverage marketing and purchasing capacity. We require 100% of the first-year development to be funded through allotted capital and, at a minimum, 30% of the next four years (development schedule is 5 years) to be accessible dedicated capital. We seek qualified franchise partners interested in multi-unit development in exclusive territories around the world. Mr. Pretzels is a leading snack food brand with more than 140 retail locations worldwide in 11 countries. Our strong international network allows us to provide outstanding operational support to every franchisee. It is one of the lowest investments in the food business (USD$50,000-$100,000) and the training lasts only two weeks. We are seeking International franchisees interested in exclusive, multi-unit territory development of at least five stores within three years.