Million Snacks vs PINCHO Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Million Snacks vs PINCHO including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Million Snacks Franchise
PINCHO Franchise
Investment $109,050 - $302,000$463,055 - And Up
Franchise Fee $2,000$30,000
Royalty Fee 5%5%
Advertising Fee 1%2%
Year Founded 20092014
Year Franchised 20092014
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee --


Business Experience Requirements

 
Million Snacks Franchise
PINCHO Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Million Snacks Franchise
    PINCHO Franchise
      In-House/3rd PartyIn-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

     
    Million Snacks Franchise
    PINCHO Franchise
    Training --
    Support --
    Marketing Co-op Advertising Ad Templates Regional Advertising-
    Operations -

    Expansion Plans

     
    Million Snacks Franchise
    PINCHO Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion 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 PINCHO

    "Pincho
    Pincho is an elevated fast-casual Latin grill concept. We’re a concept that was born from a passion for food and is ready to grow to the next level. We’re a modern-day burger and kebab joint, and we haven’t seen any other new franchise opportunity out there doing things quite like us.
    “There’s nobody else like us in the U.S.,” says CEO and Co-Founder Otto Othman. “I’m not sure there’s anybody else like us anywhere that is serving up these kinds of meals influenced by iconic Latin street food and Latin American dishes. You wrap all that up into a concept that has fantastic economics, and you have something truly unique.”

    The total investment necessary to begin operation of a Pincho franchise under a franchise agreement is $463,055 - $655,500. This includes $30,000 that must be paid to the Franchisor or affiliate.
    The total investment necessary to begin operation of a Pincho franchise for the first restaurant if you sign an Area Development Agreement, which requires a minimum development of 3 Pincho Restaurants, is $523,055 - $715,500. This includes $90,000 that must be paid to the Franchisor or affiliate. If you and the franchisor agree to the development of more than 3 Pincho Restaurants, then your initial total investment for the first restaurant will increase by the number of additional Restaurants to be opened under the Area Development Agreement, multiplied by $30,000.