|
Below is an in-depth analysis and side-by-side comparison of Chicken Delight vs Bellacino's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $428,900 - $603,100 | $270,500 - $414,890 |
Franchise Fee | $20,000 | $30,000 |
Royalty Fee | 5% | 3% |
Advertising Fee | 4% | 1% |
Year Founded | 1952 | 1993 |
Year Franchised | 1952 | 1995 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | Legal fees (to be determined) | $10000 |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | On-The-Job Training: 10 days Classroom Training: 14 days Additional Training: Ongoing |
Support | Grand opening, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising |
Operations |
2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 22 - 22 |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
In late 1997, Bellacino’s began formulating a plan to franchise a pizza & grinder restaurant business.
The first Bellacino’s Pizza & Grinders restaurant officially opened in June of 1998
Seeking new franchise units throughout the U.S. , Canada, Middle East and Western Europe