|
Below is an in-depth analysis and side-by-side comparison of South Bend Chocolate Company vs Schwiertert's Cones & Candy including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $85,700 - $676,460 | $560,000 - $890,000 |
Franchise Fee | $35,000 | N/A |
Royalty Fee | 4% | - |
Advertising Fee | - | - |
Year Founded | 1991 | - |
Year Franchised | 1997 | - |
Term Of Agreement | 4 years | - |
Term Of Agreement | 4 years | - |
Renewal Fee | $150 | - |
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 | Ongoing (monthly visits) | The initial training covers all material aspects of the operation of a Schwietert’s Cones & Candy franchise unit and is comprised of classroom and on-the-job training. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | On-site support to you for the first month. After that we will provide continuous support through trainings, webinars, and access to numerous networks through a franchisee alliance. |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 20
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |