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Below is an in-depth analysis and side-by-side comparison of Mr. Pretzels vs Champion 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 | $50,000 - $250,000 | N/A |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 3.5% | - |
Year Founded | 1993 | 2010 |
Year Franchised | 1994 | 2010 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | $750,000 USD Net Worth $250,000 USD Liquid Assets Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous | - |
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 | Comprehensive Training # Extensive Store Training Programs that include a Mr. Pretzels overview, store opening procedures, service training, and training for all levels of staff. # Comprehensive Training Manual that covers all management and staff procedures - from opening to closing - plus information on financial reporting, accounting, inventory, and human resource management. | - |
Support | World-Class Franchisee Support Services Printer-Friendly Pre-Opening and Operation Support * Assistance with every phase of store development: from initial layout through ongoing operations. * Your Mr. Pretzels Consultant will be your direct liaison to our staff at Mr. Pretzels' Support Center. * Expert guidance on store construction, grand opening, building sales, optimizing profits, training, marketing, ongoing research and development, and more. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Mr. Pretzels currently offers franchising opportunities for individuals and companies that adopt the strategy of multi-unit territory development. This business model enables our partners to build the brand in their territory as well as leverage marketing and purchasing capacity. We require 100% of the first-year development to be funded through allotted capital and, at a minimum, 30% of the next four years (development schedule is 5 years) to be accessible dedicated capital. We seek qualified franchise partners interested in multi-unit development in exclusive territories around the world. Mr. Pretzels is a leading snack food brand with more than 140 retail locations worldwide in 11 countries. Our strong international network allows us to provide outstanding operational support to every franchisee. It is one of the lowest investments in the food business (USD$50,000-$100,000) and the training lasts only two weeks. We are seeking International franchisees interested in exclusive, multi-unit territory development of at least five stores within three years.
The Champion Cheesesteaks franchise has been designed to deliver maximized results, profitability and operating efficiencies through a highly refined and structured food truck franchise. The Champion Cheesesteak franchise is a derivation of what was the Philly Connection Franchise system. It's founder, Mr. Roy Brostrand developed the Philly Connection in the 1980's and has long since sold off his share of ownership in the 280 store chain. The Champion model is his newest creation which takes the winning formula of The Philly Connection and combines it with the hottest segment in food service growth - the Food Truck business. The concept is simple, having manufactured a streamlined food truck operation that manages to fit an entire operating kitchen into a mobile food truck business allows food truck franchisees to operate without complexity. Through technology, skilled design and a keen understanding for the food truck business, Mr. Brostrand and his team of engineers were able to build and develop a food truck that has no comparison on the market. The Champion Cheesesteak franchise also was developed with a focus on marketing, business development and understanding how to find ideal locations for the food truck operation and how to get the customer in tune with where the food truck would be at any particular time. The Champion branding is meant to be bold, game-changing and to the point. The food quality is top-notch and the concept all together has no peers in the food service industry. If you see the massive potential in the explosive food truck franchise industry and have the energy, intensity and drive to build your own business as part of the Champion franchise network,contact us. (800) 610-0292 / [email protected]