Sofi's Crepes vs Barry's Cheesesteaks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sofi's Crepes vs Barry's Cheesesteaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$106,033 - $254,500 | $223,262 - $439,767 |
Franchise Fee |
$30,000 | $30,000 |
Royalty Fee |
6% | - |
Advertising Fee |
2% local +1%Nat'l | - |
Year Founded |
- | 2019 |
Year Franchised |
- | 2019 |
Term Of Agreement |
5 years+5+5+5 | - |
Term Of Agreement |
5 years+5+5+5 | - |
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 |
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 |
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 |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Sofi's Crepes
Delicious and versatile, crepes can be
described as "the ultimate French comfort
food." Perhaps this helps explain why the
joy of crepes has spread across the Atlantic
to America!
Of equal consideration,
today's customers are increasingly
sophisticated and value-conscious, profiles that crepes answer to nicely.
Additional trends shaping the restaurant industry are convenience, cuisines and favors, and healthful options.
Crepes offer a healthy,
reasonably priced, tasty alternative to "fast food," eliminating the need to sacrifice quality and nutrition to satisfy our love of fast and fresh.Sofi's Crepes support the "green" movement, which is growing in
restaurants nationwide.
In addition to global benefits, following "green"
practices can help minimize costs and
improve the bottom line.
The creation of crepes consumes few production
resources; a plus for our environment, a convenience for franchise operators, and a refection of our core beliefs.
Among other wise practices, Sofi's recycles, uses predominantly
fresh ingredients and sources from local vendors, whenever
possible. The "green" concept resonates with customers as well; when diners who enjoy the food and wonderful service, find out a restaurant is also green, a loyal customer is born!
In crafting the Sofi's concept, Ann did her homework, which included traveling to France to visit crepe shops and talk with their owners.
The result is a fluid
business system that serves as a blueprint for operating a Sofi's Crepes cafe.
When you are awarded a Sofi's Crepes franchise, you'll use this system to create a delightful cafe of your own!
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.