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Below is an in-depth analysis and side-by-side comparison of Krieger's vs Growler USA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $450,000 | $396,363 - $591,310 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1991 | 2013 |
Year Franchised | 2002 | 2014 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | 396,363 - $591,310 |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | On-The-Job Training: 160 hours Classroom Training: 40 hours |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
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 |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Craft beer is America's quickest developing industry. Growler USA's honor winning idea gives quality, select food and the best nearby and provincial art brews and hand-created refreshments in an agreeable, upscale neighborhood environment.
Enlivened by America's quickest developing industry, craft beer, Growler USA presents another establishment idea: The Microbrew Pub. 19 years of twofold digit development give create brew 22% of the $105.9 Billion US lager showcase. Investigators gauge the business' 5-year CAGR at 19%, and trust development can proceed for an additional 20 years.
In a March, 2016, article titled Franchise the Unexpected: 4 Franchisors Thinking Ahead, Growler USA was named by Entrepreneur as one of its four "most intriguing newcomers" in diversifying, to a limited extent since Growler USA is the main establishment idea 100% focused on the American specialty lager development. The specialty lager industry is fun, imaginative, and brimming with great individuals. What's more, regardless of the possibility that you've never worked in an eatery, Growler USA has a place in it for you.