|
Below is an in-depth analysis and side-by-side comparison of Rollerz vs 16 Handles including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $138,900 - $456,050 | $274,500 - $735,000 |
Franchise Fee | $30,000 | $30,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 1% | 2% |
Year Founded | 1999 | 2008 |
Year Franchised | 2000 | 2010 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 75% of then-current fee | 10% of the then franchise fee |
Business Experience Requirements |
||
Experience | Experienced business people, franchisees, and multi-unit operators | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. | 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond. |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | A Franchise Business Consultant will be assigned to your store to assist with all business operations |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Established in 1999, Rollerz™ was intended to take care of the developing demand of the wellbeing cognizant, in a hurry buyer. Our wrapped-to-request moved sandwiches and new plates of mixed greens offer clients a nutritious contrasting option to conventional fast food. We take incredible pride in utilizing just the most astounding quality, freshest fixings and consolidating everything at a reasonable cost.
We stand firm on our dedication to bolster our franchisees. When you turn into a Rollerz franchisee, we'll be close by all through the voyage of opening your store and past. Our committed group will help you with essential pre-opening strides, for example, site choice, outline and development, and in addition an amazing opening arrangement. Our working framework and industry encounter empowers us to keep the cost of section and working expenses as low as could be allowed.
Rollerz is putting forth establishments to qualified people for single unit establishments and in addition Master Franchise rights and Area Development Agreements. Rollerz looks for people who will advance the time and exertion important keeping in mind the end goal to understand the most extreme potential achievable from every establishment area.