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

 
Taste of Philly Franchise
Toastique Franchise
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

 
Taste of Philly Franchise
Toastique Franchise
Experience --

Financing Options

 
Taste of Philly Franchise
Toastique Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Taste of Philly Franchise
Toastique Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Taste of Philly Franchise
Toastique Franchise
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

"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.