Rita's vs Tropical Flavored Shake Franchise Comparison

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

Start-Up Costs and Fees
 
Rita's Franchise
Tropical Flavored Shake Franchise
Investment $15,100 - $435,000$1,300
Franchise Fee $10,000 - $30,000$1,140
Royalty Fee 6.5%0
Advertising Fee 3%0
Year Founded 1984-
Year Franchised 1989-
Term Of Agreement 10 years3 years
Term Of Agreement 10 years3 years
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Rita's Franchise
Tropical Flavored Shake Franchise
Experience --

Financing Options
 
Rita's Franchise
Tropical Flavored Shake Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Rita's Franchise
Tropical Flavored Shake 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
Tropical Flavored Shake Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

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 Tropical Flavored Shake

E-Concept Business Consultancy, Inc. would like to extend our warmest welcome to you, our dear visitor! We here at E-Concept value 'People' and 'Service' as our most valuable asset. With a mix of western and eastern culture we come up with innovative solutions to cater for the ever changing Asian market. We provide franchise development and selling service for interested entrepreneur. Geared towards versatile and effective operation for positive profit potential. Also we have Marketing and Management Consultancy services for small and medium scale business who in turn need a good efficient system to integrate with their current operations. Franchise Package includes *Use of Name *Transfer Of Technology *Business System *Marketing Support *Pre Opening Assistance *Grand Opening *Post Opening *Recruitment and training of Crew *Orientation of Franchisee *Site Assistance *Permit Assistance *Free delivery of stocks within Metro Manila Item Setup * OUTDOOR CART FREE! * Operating Equipment & Utensils: * Icebox * Logo/Name * (2)Blender * Canister * (1)Set of uniform * Initial inventory worth Php 2,000