|
Below is an in-depth analysis and side-by-side comparison of Pita Pit vs Kernels Popcorn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $321,934 - $497,382 | $160,000 - And Up |
Franchise Fee | $30,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | 1% | - |
Year Founded | 1995 | - |
Year Franchised | 1997 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $10000 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 60 hours Classroom Training: 35 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | - | - |
Operations |
Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The business of a Kernels franchise is unique. When you acquire a franchise outlet, you acquire a business and not just a store. Why? Because each of our stores has the ability, as a micro-manufacturing facility to sell not only our extraordinary line-up of products over the counter, but also to reach thousands more customers through wholesaling and corporate sales. The potential market for Kernels Extraordinary Popcorn is huge. It can be as big as the franchise owner's vision, persistence and commitment. A Kernels franchise is a business that requires and responds to the personal input and attention of the owner.