Wetzel's Pretzels vs Peace, Love & Little Donuts Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Wetzel's Pretzels vs Peace, Love & Little Donuts including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Wetzel's Pretzels Franchise
Peace, Love & Little Donuts Franchise
Investment $126,600 - $405,850$121,200 - $235,100
Franchise Fee $35,000$40,000
Royalty Fee 7%6%
Advertising Fee 1%1%
Year Founded 19942009
Year Franchised 19962016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Wetzel's Pretzels Franchise
Peace, Love & Little Donuts Franchise
Experience
  • General business experience
  • Net-worth Requirement $500,000 Liquid Cash Requirement $150,000

    Financing Options

     
    Wetzel's Pretzels Franchise
    Peace, Love & Little Donuts Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment Yes/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Wetzel's Pretzels Franchise
    Peace, Love & Little Donuts Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 40 hours On-The-Job Training: 40 hours Classroom Training: 20 hours
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Ad Templates Social media SEO Email marketing Loyalty program/app Co-op Advertising Ad Templates Social media Website development Email marketing Loyalty program/app
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Wetzel's Pretzels Franchise
    Peace, Love & Little Donuts Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Wetzel's Pretzels

    Wetzel's Pretzels founded by Rick Wetzel & Bill Phelps, former marketing executives in 1994. 1st Wetzel's Pretzels located in South Bay Galleria in Southern California. First store was opened in 1995 Century City, Hollywood.
    In 1996 Wetzel's Pretzels began franchising. Currently they have locations across United States (Universal City, Staples Center, Dodgers Stadium, Disneyland, Disney world) & internationally. Currently co-branding relationship with Cold Stone Creamery, Swensen's, Juice It Up and more.
    Beginning of 2016 Wetzel's franchise fast food restaurants had 298 locations out of them 269 US locations; 2 in Canada; 19 worldwide; and 8 owned by the company itself.

    Popular products:
    Pretzels, consisting of several different flavors
    Frozen Lemonade, sold in a variety of flavors.
    Frozen Granita, a frozen version of the Italian dessert
     
    The franchisor offers 3 franchise programs:
    1. A single Wetzel's Pretzels Bakery. The total investment necessary to begin operation of a Wetzel's Pretzels Bakery ranges from $164,950 to $405,850. This includes approximately between $42,350 and $50,750 that must be paid to the franchisor. If Wetzel's Pretzels grants you a license to operate a Remote Mobile Unit under a Remote Mobile Unit Addendum to your Franchise Agreement, you will also pay it a fee of $5,000 for a Remote Mobile Unit.
    2. Multiple Wetzel's Pretzels Bakeries within a defined area pursuant to a Multi-Unit Development Agreement. There is an initial development fee of $15,000 multiplied by the number of Bakeries which you must open, plus the balance of the initial franchise fee ($20,000) for your first Franchise Agreement. You will pay an initial franchise fee of $35,000 for each Bakery ($22,500 for a second Bakery in the same mall). However, the franchisor will credit the development fee against the initial franchise fees (at the rate of $15,000 for the second and each subsequent Franchise Agreement).
    3. A single Wetzel's Pretzels Concession Truck or Trailer. The total investment necessary to begin operation of a Wetzel's Pretzels Concession Truck or Trailer ranges from $126,600 to $275,850. This includes approximately between $9,000 and $14,750 that must be paid to the franchisor.
    "Entrepreneur
    #497 in Franchise 500 for 2020.








    About Peace, Love & Little Donuts

    In 2009 Ron and Marci open the first Peace, Love, and Little Donuts in one of America's most livable cities, Pittsburgh, Pennsylvania; Located Directly in the Strip District. In creating our Groovy, Far Out and Funkadelic flavors we knew that we could n't lose the incredible taste of our old fashion cake donut. With that in mind each donut was created so that with every bite you would taste our fresh, warm donut, the subtle flavor of our frostings and our crazy selection of Funkadelic toppings; with no one flavor overwhelming the others. All of our stores work hard to make sure that you enjoy those flavors as we intended them from the beginning.
    Veteran Incentives  20% off franchise fee