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Updated RecentlyMarvelous Market vs Barry's Cheesesteaks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Marvelous Market vs Barry's Cheesesteaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $200,000 - $399,000 | $223,262 - $439,767 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | 2019 |
| Year Franchised | - | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Marvelous Market
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Established in 1990, Marvelous Market is the defining standard in gourmet grab-and-go convenience food retailing. Today, Marvelous Market has embarked on an aggressive expansion strategy to secure our position throughout the Washington, DC metropolitan market. By offering better, healthier, faster food, the Marvelous Market franchise system capitalizes on the growing trends of rising household income and tastes, and declining leisure time
About Barry's Cheesesteaks
!["Barrys]("https://fddexchange.com/wp-content/uploads/2020/03/Barrys-Cheesesteaks-300x111.jpg")
!["Concept]("https://assets.foodfranchise.com/concept-image/barrys-cheesesteaks-1.jpg?v=1")
Offers franchises to operate a quick-serve restaurant offering
authentic Philly Cheesesteaks, burgers and wings, as well as the
opportunity offer catering and/or delivery where appropriate designed by
Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and
More. The franchisor offers 2 purchase options: a Single Unit Franchise
or a Multi-Unit Development Agreement, under which you must open a
minimum of two locations within a specified period of time.
The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and
More franchised business is between $223,262
and $427,267. This includes between $30,000 and $40,000 that must be
paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
The total
estimated initial investment under a Multi-Unit Development Agreement
for two outlets, including the costs to build and equip the first outlet
is $235,762 to $439,767. This includes $42,500 to $52,500 that must be
paid to the franchisor and/or its affiliates.