| ||||
Updated RecentlyMy Friend's Place vs Primo Hoagies Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs Primo Hoagies including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $156,650 - $260,400 | $215,500 - $554,500 |
| Franchise Fee | $20,000 | $15,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1980 | 2002 |
| Year Franchised | 1980 | 2002 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
||
| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | On-The-Job Training: 112 hours Classroom Training: 8 hours |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About My Friend's Place
A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'
About Primo Hoagies
We are very enthused and excited to be able to offer, to certain
qualified individuals, an opportunity to purchase one of a limited
number of PrimoHoagies franchises.
Our venture into franchising has been made possible, and somewhat
necessitated, by an increasingly hard to manage workload at our existing
locations. This is the result of a growing recognition and demand for
our product in the outlying areas of Philadelphia.
This offer presents the opportunity to own and operate your
own business, with the security of having a name and product
recognition that is well established, along with a formula that has
proven to be greatly successful. Through on-going consultation, you will
benefit greatly from the knowledge and expertise provided by the people
who originated PrimoHoagies and subsequently established it as one of the most popular retail food institutions throughout the area and beyond.
Seeking franchisees for strategic national growth.