Iceberg Drive Inn vs Petro's Chili & Chips Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Iceberg Drive Inn vs Petro's Chili & Chips including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Iceberg Drive Inn Franchise
Petro's Chili & Chips Franchise
Investment $132,500 - $556,000$75,000 - $324,950
Franchise Fee $25,000$15,000
Royalty Fee -5%
Advertising Fee -4% local+1% Nat'l
Year Founded 1960-
Year Franchised 2001-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Iceberg Drive Inn Franchise
Petro's Chili & Chips Franchise
Experience -While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business.

Financing Options
 
Iceberg Drive Inn Franchise
Petro's Chili & Chips Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Iceberg Drive Inn Franchise
Petro's Chili & Chips Franchise
Training -Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips � restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening.
Support --
Marketing --
Operations --

Expansion Plans
 
Iceberg Drive Inn Franchise
Petro's Chili & Chips Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Iceberg Drive Inn

The first Iceberg Drive Inn was opened by Lamar Sorensen on April 12, 1960.  A local ice cream machine salesman named Hap Vitale had the idea for a building with a distinctive roof that served great milkshakes, burgers and fries.  He convinced Lamar to open this concept and Iceberg Drive Inn was born.  It was located on the corner of 900 East and 3900 South in Salt Lake City, Utah.  The building was originally designed to be moved after a few years as he was only renting the land at the time.  Many report that it was the first drive thru in the Salt Lake City area.  Lamar insisted that Drive Inn be spelled with two "n’s” as he felt it appeared friendlier to invite people to an "inn” rather than simply a "drive in”.

About Petro's Chili & Chips

Since 1992 Petro's Chili & Chips has been operating company stores and franchising in both traditional and non-traditional venues: free standing drive thru units, strip centers, malls, theme parks, airports, sports venues and the newest addition: Petro's food trucks. Petro's Chili & Chips continues to be everyone's favorite QSR.
Petro's Chili & Chips chooses only the best people to be franchisees. Our franchise partners are dedicated to setting the top standard of guest experience. From the taste of the food, to the speed and accuracy of the order, the power of our people to make decisions, the friendly face at the counter and the cleanliness of the restaurant, our Petro's Chili & Chips franchise partners proudly strive to deliver a great guest experience every time. Now is your chance to join the successful team of Petro's Chili & Chip's franchisees and become your own boss!