Krieger's vs Rhapsody's Franchise Comparison

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

Start-Up Costs and Fees

 
Krieger's Franchise
Rhapsody's Franchise
Investment $450,000$565,000 - And Up
Franchise Fee $30,000$42,500 - $56,000
Royalty Fee 5%6%
Advertising Fee -1 - 3%
Year Founded 19912000
Year Franchised 20020
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --


Business Experience Requirements

 
Krieger's Franchise
Rhapsody's Franchise
Experience
  • General business experience
  • Management expertise
  • -

    Financing Options

     
    Krieger's Franchise
    Rhapsody's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

     
    Krieger's Franchise
    Rhapsody's Franchise
    Training -The training consists of a minimum of 3 months which is all done in an existing store level. A management competency program is strictly adhered to and will be accessed weekly.
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 85% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Krieger's Franchise
    Rhapsody's Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Krieger's

    About Rhapsody's

    FLAVOURS OF LIFE In February 2000, the Rhapsodys concept began with the basic notion of raising the bar in dining excellence and has since persevered toward a supremacy which is dynamic and full of life. Rhapsodys offers a natural ambiance which is lively yet effortless, simple yet delicious, stylish yet relaxed. Elegant decor and an extensive array of superior wines form part of the perfect backdrop for our superb culinary flair. There are many opportunities for further Rhapsodys venues and in this regard, our Directors welcome enquiries from suitable individuals and / or organizations who are interested in certain areas which do not overlap with any of our existing restaurants. Location is paramount to the success of any restaurant.Our criteria, demands a high traffic venue with good visibility to passing trade.In addition to this, a site should have acceptable access to secure parking. Should you have access to capital as well as experience and passion for the restaurant industry reach out for the Flavours of Life and send a short description of your interest to us on [email protected] and we will respond to your enquiry as soon as possible.