|
Below is an in-depth analysis and side-by-side comparison of Pinoy Hotcake vs Champs Chicken including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $4,000 - $15,000 | $9,000 - $349,000 |
Franchise Fee | $4,000 - $15,000 | N/A |
Royalty Fee | 2-5% | - |
Advertising Fee | - | - |
Year Founded | - | 1998 |
Year Franchised | - | 2013 |
Term Of Agreement | 3-5 years | - |
Term Of Agreement | 3-5 years | - |
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 | - | On-The-Job Training: 28+ hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Social media Email marketing |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
I. FIRST PHASE A. PRIMARY PRODUCTS - 2 piece hotcake with syrup B. SECONDARY PRODUCTS - Drinks II. SECOND PHASE (Future Product Expansion) - Etc (Upon Request)