|
Below is an in-depth analysis and side-by-side comparison of Healthy Bites Grill vs Sophie's Cuban Cuisine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $258,800 - $637,000 | $365,000 - $611,000 |
Franchise Fee | $30,000 | $7,500 |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 2001 | 1997 |
Year Franchised | 2003 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-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 |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
Sophie's Cuban Cuisine serves freshly made home-style authentic Cuban cuisine delivered in a fast casual atmosphere, by a staff that treats you like friends and family.