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Updated RecentlyKnowFat! vs Barry's Cheesesteaks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of KnowFat! vs Barry's Cheesesteaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $488,500 - $647,000 | $223,262 - $439,767 |
| Franchise Fee | $35,000 | $30,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 1.5- 2.5% | - |
| Year Founded | - | 2019 |
| Year Franchised | - | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | KnowFat! offers all of our franchisees a comprehensive training program at the KnowFat! KnowLedge Center. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. | - |
| Support | - | - |
| Marketing | KnowFat! offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, KnowFat! provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. KnowFat! is also building a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. KnowFat! will also help franchisees track purchasing and analyze customer shopping data. | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About KnowFat!
KnowFat! aims to pioneer the phrase "lifestyle grille". A lifestyle grille is a place where you can come in, eat at a restaurant, and then buy products for the rest of your healthy lifestyle. We are squarely on-trend and poised to become the leader in the new healthy fast-casual category. KnowFat! concentrates on mainstream food by offering up better-for-you menu items like chicken meatball wraps, honey mustard turkey tips, super lean cheeseburgers with low-fat cheese, and sides like colorful broccoli and our proprietary "AirFries". Our customers don't just want to eat well while they're in the restaurant; they want to buy products that support an overall healthy lifestyle. Each KnowFat! combines a quick-serve restaurant with a convenience-style retail store that carries the best health-oriented nutrition products on the market. There is nothing like this concept on the market today. KnowFat! Lifestyle Grille is the only concept of its kind- and we're ready to roll.
About Barry's Cheesesteaks
!["Barrys]("https://fddexchange.com/wp-content/uploads/2020/03/Barrys-Cheesesteaks-300x111.jpg")
!["Concept]("https://assets.foodfranchise.com/concept-image/barrys-cheesesteaks-1.jpg?v=1")
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.