|
Below is an in-depth analysis and side-by-side comparison of F&M Deli Express vs Fazoli's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $145,000 - $285,000 | $800,200 - $1,752,818 |
Franchise Fee | $30,000 | $40,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 4% |
Year Founded | 1968 | 1988 |
Year Franchised | 2005 | 1991 |
Term Of Agreement | 20 years | 15 years |
Term Of Agreement | 20 years | 15 years |
Renewal Fee | 50% of then franchise fee | 30% of current fee for 5 years |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
||
Training | - | On-The-Job Training: 90-100 hours Classroom Training: 16 hours Additional Training: Programs on variety of topics |
Support | Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
Marketing | Co-op advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
Absentee ownership of franchise is allowed. |
86% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
NO LONGER FRANCHISING