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Updated RecentlyMillion Snacks vs la prep Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Million Snacks vs la prep including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $109,050 - $302,000 | $300,000 - $425,000 |
| Franchise Fee | $2,000 | $35,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | - |
| Year Founded | 2009 | 2010 |
| Year Franchised | 2009 | 2010 |
| Term Of Agreement | 7 years | 10 years+5 |
| Term Of Agreement | 7 years | 10 years+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | No related experience is necessary, just your desire to learn. We provide all the training and assistance you will need to operate your franchise. | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | - | 3-week training program provides hands-on experience covering all phases of operating your la prep franchise. You will receive Operations Manuals that cover everything from employee hiring and training to product preparation, management, advertising and business systems. The training continues with special on-site support by one of our training managers for 1 week for your restaurant opening. |
| Support | - | - |
| Marketing | Co-op Advertising Ad Templates Regional Advertising | - |
| Operations | - | |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | Yes |
Company Overviews
About Million Snacks
At Million Snacks our mission is to give everyone an opportunity to own their own business while securing their future and financial goals. We know that taking the plunge into owning a business can be difficult, especially after layoffs or career changes. One of the most successful ways to maneuver into owning a business is through franchising. With that in mind, Million Snacks has perfected their franchise model to make it one of the most affordable in the industry.
When you compare a Million Snacks Franchise Opportunity to some of the most popular fast food eateries on the market, we have the lowest franchising fee, lowest royalty fee in the snack food industry, and low startup costs. We have purposely made our franchise model MUCH more affordable.
Why pay more to make your business dreams a reality, and to get your financial goals heading in the right direction?
Why pay more than you need to when a Million Snacks Franchise offers you
- A quality menu that provides much healthier alternatives to the average junk food sold by our competitors.
- Startup cost flexibility using Express and Standard Models to create the size service store you want.
- Assistance and training in your franchise.
If you're ready to start, we're ready to show you how... with a proven system that works!
We guide you through the process and offer the support you need in order to help you succeed.
About la prep
la prep is a privately-owned Canadian restaurant franchising system. Our dedicated franchisees are hands-on owner/operators that are both personally and financially committed to their business, resulting in a maximized level of customer service. As we continue our expansion of the brand we are always searching for qualified individuals to join our franchise community.