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

 
Sofi's Crepes Franchise
Barry's Cheesesteaks Franchise
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

 
Sofi's Crepes Franchise
Barry's Cheesesteaks Franchise
Experience --

Financing Options

 
Sofi's Crepes Franchise
Barry's Cheesesteaks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Sofi's Crepes Franchise
Barry's Cheesesteaks Franchise
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

 
Sofi's Crepes Franchise
Barry's Cheesesteaks Franchise
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

"Barrys

"Concept

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.