Au Bon Pain vs Barry's Cheesesteaks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Au Bon Pain vs Barry's Cheesesteaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$2,000,000 - $3,000,000 | $223,262 - $439,767 |
Franchise Fee |
$30,000 | $30,000 |
Royalty Fee |
5% | - |
Advertising Fee |
2% Marketing commitment | - |
Year Founded |
- | 2019 |
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 Au Bon Pain
Because we want to prepare our franchise partners for optimal success from the beginning, we only sign Area Development Agreements (ADA) based on a territorial market with a minimum unit potential of 10-20 locations. (We do not sell single unit agreements.) This ADA multi-unit potential enables our franchisees to build a significant business in an area with solid earnings potential.
In order to be considered for an Au Bon Pain franchise, you must have the financial and management resources necessary to develop multiple cafes
Criteria include:
* Open cafes in one of the listed expansion areas.
* Offer quality real estate sites in the selected territory.
* Sign an ADA for a minimum of 10 units.
* Have a liquid net worth of $350k per unit, or approximately $2-3M.
* Provide poof of financing from a bank or other financial institution.
* Offer multi-unit restaurant business experience.
* Offer an established management infrastructure within the market you wish to franchise.
* Willingness to adhere to the Au Bon Pain system.
* A strong desire to succeed, work hard and be part of a winning team.
About Barry's Cheesesteaks
Offers franchises to operate a quick-serve restaurant offering
authentic Philly Cheesesteaks, burgers and wings, as well as the
opportunity offer catering and/or delivery where appropriate designed by
Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and
More. The franchisor offers 2 purchase options: a Single Unit Franchise
or a Multi-Unit Development Agreement, under which you must open a
minimum of two locations within a specified period of time.
The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and
More franchised business is between $223,262
and $427,267. This includes between $30,000 and $40,000 that must be
paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least
two outlets, when you sign the Multi-Unit Development Agreement you
will pay a development fee equal to 100% of the initial franchise fee of
$30,000 for the first outlet to be developed, plus a deposit equal to
50% of the reduced initial franchise fee for each additional outlet to
be developed under the Multi-Unit Development Agreement.
The total
estimated initial investment under a Multi-Unit Development Agreement
for two outlets, including the costs to build and equip the first outlet
is $235,762 to $439,767. This includes $42,500 to $52,500 that must be
paid to the franchisor and/or its affiliates.