Taste of Philly vs Toastique Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Taste of Philly vs Toastique including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$203,500 - $418,000 | $280,750 - $482,200 |
Franchise Fee |
$30,000 | $45,000 |
Royalty Fee |
6% | - |
Advertising Fee |
- | - |
Year Founded |
- | 2018 |
Year Franchised |
- | 2019 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
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 |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
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 Toastique
A fresh new take on a beloved favorite, Toastique elevates toast from
classic side dish to health-focused power meal. In doing so, we’ve
created a business model that has done what few health food franchises
have before it - generated over $1 million in the first year of operation!
Our customizable gourmet toasts provide guests with a wholesome, convenient
meal option that can’t be found at any other fast-casual restaurant.
Along with an array of all-natural smoothies, cold-pressed juices, and
açaí bowls, Toastique’s unique menu of healthy, grab-and-go meals and
snacks makes us truly unlike any other health-focused franchise on
earth.
The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement is $280,750 to $482,200. This includes $57,000 to $60,000 that must be paid to the
franchisor or its affiliates.
The estimated initial investment necessary
to begin operation of a Toastique Restaurant under a Franchise
Agreement with a 1-3 Multi-Franchise Addendum is $330,750 to $532,200.
This includes $107,000 to $110,000 that must be paid to the franchisor
or its affiliates.
The initial investment necessary to begin operation
of a Toastique Restaurant under a multi-unit development agreement
depends on the number of Restaurants that you are authorized to develop
and is $379,750 to $614,200. This includes $111,000 to $147,000 that
must be paid to the franchisor or its affiliates and a development fee
of $33,000 for each additional Restaurant that you are authorized to
establish under the multi-unit development agreement.