|
Below is an in-depth analysis and side-by-side comparison of Link Business vs Original SoupMan, The including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $53,200 - $148,500 | $79,500 - $198,500 |
Franchise Fee | $45,000 | $30,000 |
Royalty Fee | 6.5% | 5% |
Advertising Fee | 2% | - |
Year Founded | 1996 | 1984 |
Year Franchised | 2007 | 2005 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | No/No |
Start-up Costs | -/Yes | No/No |
Equipment | -/Yes | No/No |
Inventory | -/Yes | No/No |
Receivables | -/Yes | No/No |
Payroll | -/Yes | No/No |
Training & Support |
||
Training | On-The-Job Training: 40 hours Classroom Training: 16 hours Additional Training: Online broker academy | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | - |
Marketing | Marketing Support Ad Templates Social media Website development Email marketing | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | No |
In 1984, The Original SoupMan opened its doors at 55th Street & 8th Avenue in Manhattan. The tiny storefront quickly became a worldwide destination. Rated #1 by Zagat and praised by the New York Times as "Art, not Soup", it set the standard for innovation and excellence long before the famous Seinfeld episode made it a cultural icon. The Company's franchise operations include highly visible locations in the Mohegan Sun Casinos and more.