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Updated RecentlyLink Business vs My Friend's Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Link Business vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $53,200 - $148,500 | $156,650 - $260,400 |
| Franchise Fee | $45,000 | $20,000 |
| Royalty Fee | 6.5% | 5% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1996 | 1980 |
| Year Franchised | 2007 | 1980 |
| 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 | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 40 hours Classroom Training: 16 hours Additional Training: Online broker academy | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Marketing | Marketing Support Ad Templates Social media Website development Email marketing | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
About Link Business
Become a LINK Franchisee
We have now expanded into the competitive US
market, with our first offices in Los Angeles, St. Louis, San Diego and
Phoenix. Now that we have established our presence we plan to expand our
office locations and bring our unique brand of industry tailored
business brokerage to the rest of the US. We are particular about who we
do business with, but if you are an existing business broker or owner
of a business brokering company (even if you are currently with another
group) and are successful, with impeccable integrity - we would like to
hear from you.
We can also send you our 24 page brochure "Partner Overview"
outlining the many benefits of joining LINK, and what's in it for you.Our marketing is second to none, our broker tools are revolutionary,
our software system is powerful and world-leading and our support is
real. We work with individual offices to help them grow and prosper, we
don't just sign you up and move on. LINK has truly changed the landscape
of business brokering, and now its unique system is available in the
United States. Don't miss the opportunity, as franchises locations are
limited.
Veteran Incentives 10% off franchise fee
About My Friend's Place
A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'