5 & Diner vs I Dream of Falafel Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 5 & Diner vs I Dream of Falafel including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
5 & Diner Franchise
I Dream of Falafel Franchise
Investment $250,000 - $750,000$337,811 - $470,302
Franchise Fee $35,000$25,000
Royalty Fee 5%5%
Advertising Fee -3%
Year Founded 19872009
Year Franchised 19932011
Term Of Agreement 15-20 years10 years +5+5
Term Of Agreement 15-20 years10 years +5+5
Renewal Fee 25% of current franchise fee-


Business Experience Requirements

 
5 & Diner Franchise
I Dream of Falafel Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Past management experience
  • Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise.

    Financing Options

     
    5 & Diner Franchise
    I Dream of Falafel Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    5 & Diner Franchise
    I Dream of Falafel Franchise
    Training Ongoing training at franchisee's locationWe will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening.
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesWe will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis.
    Marketing Co-op advertising, Ad slicks, National media-
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 50

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    5 & Diner Franchise
    I Dream of Falafel Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About 5 & Diner

    Kenneth E. Higginbotham opened the initial 5 and Diner eatery in Phoenix, Arizona in 1987. Eateries highlight a '50s subject, finish with jukeboxes, masters in poodle skirts and hula loop challenges. The menu incorporates top choices like ground sirloin sandwiches, sandwiches and plates of mixed greens. Breakfast is served throughout the day, and each 5 and Diner offers blue plate specials that incorporate messy joes, fish sticks and french fries, and spaghetti with meat sauce.

    5 and Diner eateries additionally have a pop wellspring that serves milkshakes, egg cremes, coasts and enhanced soft drinks.

    5 and Diner is a pioneer in the family-feasting eatery establishment portion, offering incredible sustenance and fun in a '50s themed environment. With another model outline made to bring out the exemplary roadside burger joint, 5 and Diner offers a solid venture open door for the single or multi-unit proprietor.

    5 and Diner Franchise

    Burger joints are the quintessential American experience - socially critical, offering buyers a dependable and agreeable place to eat. Their impact can be seen in many structures, including TV, films, books and fan clubs. This extraordinary interest and fascination makes owning a 5 and Diner eatery establishment an awesome venture.

    As a family-feasting eatery, 5 and Diner offers many advantages over other eatery sections including:

    Family Dining represents $33Billion in yearly deals and is balanced for development as shoppers request included esteem through sensible costs, menu assorted qualities and administration over numerous day parts*

    Higher saw esteem for the cash spent on eating out

    68% of buyers would be likely or greatly liable to visit a family eating eatery when they need a formal dinner at a reasonable price*

    The most appropriate eatery decision for breakfast.

    52% of purchasers would be likely or to a great degree liable to visit a family eating eatery for breakfast or early lunch on the weekend*

    The family feasting eatery fragment has set up itself as a main decision for late-night diners*

    half of customers show that late night hours are engaging or to a great degree appealing*

    Family and child inviting climate and menu choices

    About I Dream of Falafel

    A Flavorful Opportunity with the I Dream of Falafel Mediterranean Restaurant Franchise Consumers are not only looking for great taste and affordability but also varied, healthier menu options. The I Dream of Falafel Mediterranean restaurant franchise fulfills their wishes! According to a number of media sources, the popularity of Mediterranean cuisine1 (including hummus, chickpeas, yogurt, olive oil, and other items deemed healthful by consumers), continue to grow year over year, as does revenue from sales of Mediterranean-inspired menu selections That's why I Dream of Falafel is appealing to so many different types of customers: from younger students to older professionals, from families to singles, plus vegetarians and vegans, and more - just about everyone can find something to love. The I Dream of Falafel menu is streamlined, yet amazingly diverse, with a nearly limitless number of possible meal combinations and fresh options for all our guests.