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Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Tasti D-Lite including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $274,500 - $735,000 | $234,000 - $423,260 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 2% | 2% |
Year Founded | 2008 | 1987 |
Year Franchised | 2010 | 1987 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 10% of the then franchise fee | - |
Business Experience Requirements |
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Experience | Experienced business people, franchisees, and multi-unit operators | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists | - |
Support | As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond. | - |
Marketing | - | - |
Operations | A Franchise Business Consultant will be assigned to your store to assist with all business operations | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
The primary Tasti D-Lite opened in New York in 1987, offering a dairy-based delicate serve solidified pastry with less calories and carbs than most solidified yogurts and frozen yogurts. Stores offer a pivoting choice of more than 100 self-serve flavors. In 2007, the organization was gained by a private value firm, Snow Phippps Group. The central station was moved to Franklin, Tennessee, and new CEO James Amos, Jr., (previous CEO of Mail Boxes Etc.) started diversifying across the country in 2008.
Gotten to be a piece of our developing festival of life and wellbeing. Convey a Tasti D-Lite focus to your companions and neighbors. Find out about our household establishment program This is your chance to transplant this New York wonder to your own particular group. Tasti D-Lite's vision is to build up an establishment organize all through the U.S., conveying this bravo treat to each city and town. We know America is prepared! In the event that you look to develop past a solitary area, Tasti D-Lite offers a different unit possession program, including a dynamically lessened charge structure and extra preparing in dealing with a multi-unit business.