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Below is an in-depth analysis and side-by-side comparison of Philly Connection vs Hummus & Pita Co including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $154,000 - $261,500 | $409,000 - $734,500 |
Franchise Fee | $20,000 | $40,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 3% |
Year Founded | 1980 | 2011 |
Year Franchised | 1987 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5000 | - |
Business Experience Requirements |
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Experience | - | Prospective franchisees must meet the minimum requirements listed below in order to be considered for a Hummus & Pita Co. franchise. * $1MM net worth * $500K liquid capital available for investment * Willing to develop a territory of at least 5 Units * Ready to begin territory development within the next 3 months |
Financing Options |
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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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | - | The Hummus & Pita Co. is committed to quality and consistency at every location and has developed systems which make duplicating the famous recipes and flavors easy for franchisees. We use best-in-class partners to guarantee product consistency and distribution to all restaurants. Additional support provided to franchisees includes: * Real Estate/Site Selection * Store Build-Out/Construction * Training Systems * Operational Support * Recipe and Menu Development * Marketing and Brand Building * Vendor and Equipment Selection * Point of Sale System * Pre-Opening/Grand Opening Support * Business Consulting |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Advantages of Philly Connection:
1. Quality ingredients.
2. Focus on
hot food, but we also offer cold
hoagies. Hot food sells in the evening/dinner time. The cold sandwich sells more at lunch.
3. Unique steak product.
4. Philly Connection offers french fries, onion rings, and chicken tenders.
5. Philly Connection grills orders in front of the customer.
6.
Franchisee receives cooking equipment with its investment. When product offerings change, the franchisee already has this
equipment.