Rita's vs Boloco Inspired Burritos Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Rita's vs Boloco Inspired Burritos including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Rita's Franchise
Boloco Inspired Burritos Franchise
Investment $15,100 - $435,000$190,000 - $400,000
Franchise Fee $10,000 - $30,000$25,000
Royalty Fee 6.5%6%
Advertising Fee 3%-
Year Founded 19841997
Year Franchised 19892004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee 50% of current franchise fee$10000


Business Experience Requirements
 
Rita's Franchise
Boloco Inspired Burritos Franchise
Experience --

Financing Options
 
Rita's Franchise
Boloco Inspired Burritos Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/YesNo/No
Equipment No/YesNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support
 
Rita's Franchise
Boloco Inspired Burritos Franchise
Training 5 days at Cool University and 4 days on site-
Support Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations-
Marketing Ad slicks, National media, Regional advertising-
Operations 50% of all franchisees own more than one unit

Number of employees needed to run franchised unit: average 2 full-time, 15 part-time

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Expansion Plans
 
Rita's Franchise
Boloco Inspired Burritos Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Rita's

From a small porch front in 1984 in Northeast Philadelphia and a seasonal phenomenon, Rita's continues to see unprecedented growth as it continues to grow across the nation becoming a year round spectacular with its cult-like following. Rita's - made fresh daily - Italian ice obsession is hitting everyone's taste buds and creating a passion not just for the brand but the opportunity to become a Rita's Italian ice franchise owner. It's no wonder we are wired for success and fueled up for our expansion not only across the nation, but internationally we are making our presence known. Rita's franchisees come from all walks of life with one thing in common - the desire to choose their own destiny with a proven system providing on-going support; not to mention all having a passion for Rita's cool treats and foregoing happiness. There's no better time than today to begin evaluating the Rita's business model. Why not get a taste of success and view our fresh and desirable products!


The total investment necessary to begin operation of a standard Rita’s shop is between $175,500 and $435,000. These figures include between $50,000 to $55,000 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of an express Rita’s shop is between $121,100 and $309,900. These figures include between $33,000 to $33,500 that must be paid to the franchisor or its affiliate.
If you enter into an agreement for a standard Rita’s shop or express Rita’s shop, we may offer you the opportunity to enter into an addendum to operate a Rita’s satellite shop and/or a Rita’s mobile unit.
The total investment necessary to begin operation of a Rita’s satellite shop is between $131,550 and $296,400. These figures include between $19,200 to $25,500 that must be paid to the franchisor or its affiliate.
The total investment necessary to begin operation of a Rita’s mobile unit is between $15,100 and $144,600. These figures include between $10,000 to $13,000 that must be paid to the franchisor or its affiliate.

About Boloco Inspired Burritos

boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.