Friendly's Restaurants vs Perko's Cafe Grill Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Friendly's Restaurants vs Perko's Cafe Grill including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Friendly's Restaurants Franchise
Perko's Cafe Grill Franchise
Investment $498,500 - $1,950,000$292,500 - $1,357,000
Franchise Fee $30,000 - $35,000$35,000
Royalty Fee 4%4%
Advertising Fee 3.5%-
Year Founded 1935-
Year Franchised 1996-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $5K-


Business Experience Requirements
 
Friendly's Restaurants Franchise
Perko's Cafe Grill Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    Friendly's Restaurants Franchise
    Perko's Cafe Grill 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
     
    Friendly's Restaurants Franchise
    Perko's Cafe Grill Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Ad slicks, National media-
    Operations Franchisees required to buy multiple units/master licenses; 62% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Friendly's Restaurants Franchise
    Perko's Cafe Grill Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Friendly's Restaurants

    In Springfield, Massachusetts at the height of the Great Depression in 1935, 20 year-old Prestley Blake and his 18 year-old brother Curtis opened an ice cream shop called 'Friendly' that served double-dip cones for 5 cents. The brothers opened a second shop five years later in West Springfield, Massachusetts and added food to the menu. Within a decade, locations opened throughout western Massachusetts and Connecticut. In 1988 Donald N. Smith, the company's current CEO, purchased the company and a year later added an 's' to the name, making it 'Friendly's.'

    In May 2000, Friendly's introduced a new food and dessert menu featuring colossal burgers, sandwich wraps, splits, sundaes and Cyclones. Friendly's produces 10 million snack cups and 230,000 gallons of fudge every year. In addition to its restaurants and cafes, Friendly's manufactures a complete line of frozen desserts.

    About Perko's Cafe Grill

    "Perkos
    Perko's Cafe Grill is excited to speak with you concerning your potential investment in a new franchise. With decades of experience behind us and the future before us, the  Perko's Cafe Grill team will join forces with you to build your business on a solid foundation.  Perko's Cafe Grill will assist you with site selection, plan design, project management, restaurant operations and marketing.  Perko's Cafe Grill is committed to providing support for you through the development process of getting your restaurant open for business.