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Below is an in-depth analysis and side-by-side comparison of O'Naturals vs Sofi's Crepes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $764,000 - $1,000,000 | $106,033 - $254,500 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 2% local +1%Nat'l |
Year Founded | 1998 | - |
Year Franchised | 2005 | - |
Term Of Agreement | 15 years | 5 years+5+5+5 |
Term Of Agreement | 15 years | 5 years+5+5+5 |
Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | * Available at headquarters: 6 weeks * At franchisee's location: Up to 5 days | The initial training covers all material aspects of the operations of a SOFI'S CREPES franchise and is comprised of classroom and on-the-job training. |
Support | - | - |
Marketing | - | - |
Operations | * Number of employees needed to run franchised unit: 10 - 25 * Absentee ownership of franchise is allowed. | SOFI'S CREPES offers you the opportunity to operate a restaurant offering quickly prepared specialty crepes and a variety of other delicious European and internationally inspired foods and beverages in a pleasant and comfortable environment in which customers can see the crepes being made. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING