|
Below is an in-depth analysis and side-by-side comparison of Farmer Boys vs Mr. Pickle's Sandwich Shop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,042,500 - $2,486,500 | $151,500 - $342,500 |
Franchise Fee | $45,000 | $25,000 - $50,000 |
Royalty Fee | 5% | $250+/wk |
Advertising Fee | 3% | Up to 2% Monthly |
Year Founded | 1981 | 1996 |
Year Franchised | 1997 | 2006 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender.
|
|
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
||
Training | On-The-Job Training: 480 hours Classroom Training: 60 hours | - |
Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Loyalty program/app | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 30 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
| - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
Mr. Pickle’s Sandwich Shop is a premium sandwich shop. Our shops offer hand sliced proprietary proteins and cheeses topped with sauces that are made daily. All sandwiches are served on our fresh baked rolls, including our famous Dutch Crunch roll. Mr. Pickle’s Sandwich Shop offers best in class sandwiches including the famous Big Jake, Reuben, and of course The Mr. Pickle. Our twenty- six plus years of success is rooted in the simple formula of "Making the Guest Happy” by providing craveable sandwiches, exceptional guest service, and local community involvement.The ideal Franchisee will strive to keep their customers happy while devoting their time and energy toward running a successful Mr. Pickle's shop.