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Below is an in-depth analysis and side-by-side comparison of Philly Connection vs JL Beers 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 | $857,200 - $2,222,500 |
Franchise Fee | $20,000 | $40,000 |
Royalty Fee | 6% | 4% |
Advertising Fee | - | - |
Year Founded | 1980 | 2009 |
Year Franchised | 1987 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5000 | - |
Business Experience Requirements |
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Experience | - | - |
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 | - | - |
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.