| ||||
Updated RecentlyBarry's Cheesesteaks vs Toastique Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Barry's Cheesesteaks vs Toastique including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $223,262 - $439,767 | $280,750 - $482,200 |
| Franchise Fee | $30,000 | $45,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2019 | 2018 |
| Year Franchised | 2019 | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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")
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.
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.
About Toastique
!["Toastique]("https://fddexchange.com/wp-content/uploads/2021/01/Toastique.jpg")
A fresh new take on a beloved favorite, Toastique elevates toast from
classic side dish to health-focused power meal. In doing so, we’ve
created a business model that has done what few health food franchises
have before it - generated over $1 million in the first year of operation!
Our customizable gourmet toasts provide guests with a wholesome, convenient
meal option that can’t be found at any other fast-casual restaurant.
Along with an array of all-natural smoothies, cold-pressed juices, and
açaí bowls, Toastique’s unique menu of healthy, grab-and-go meals and
snacks makes us truly unlike any other health-focused franchise on
earth.
The estimated initial investment necessary to begin operation of a Toastique Restaurant under a Franchise Agreement is $280,750 to $482,200. This includes $57,000 to $60,000 that must be paid to the
franchisor or its affiliates.
The estimated initial investment necessary
to begin operation of a Toastique Restaurant under a Franchise
Agreement with a 1-3 Multi-Franchise Addendum is $330,750 to $532,200.
This includes $107,000 to $110,000 that must be paid to the franchisor
or its affiliates.
The initial investment necessary to begin operation
of a Toastique Restaurant under a multi-unit development agreement
depends on the number of Restaurants that you are authorized to develop
and is $379,750 to $614,200. This includes $111,000 to $147,000 that
must be paid to the franchisor or its affiliates and a development fee
of $33,000 for each additional Restaurant that you are authorized to
establish under the multi-unit development agreement.