|
Below is an in-depth analysis and side-by-side comparison of Pretzel Time vs Smoke's Poutinerie including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $145,000 - $254,000 | $350,000 - $450,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | 1-3% | 2% |
Year Founded | 1991 | 2008 |
Year Franchised | 1992 | 2008 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 2 weeks Classroom Training: 2 weeks |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising |
Operations | - | Number of Employees Required to Run: 10 - 15 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
Pretzel Time introduced their famous soft pretzel in 1991 and have grown to become leaders in the soft pretzel category, specializing in offering steaming hot, fresh-baked, fresh twisted pretzels, pretzel dogs, freshly squeezed lemonade, and cold beverages all over the world. Pretzel Time operates over 190 stores located in 30 states and five international locations. NexCen added Pretzel Time to its QSR segment in August 2007. With the brand's commitment to fresh quality products and innovative new menu items, NexCen's marketing and branding experts will build the pretzel business beyond "just the pretzel concept in the mall," into a unified brand with strong positioning, a product innovation focus and a compelling look and feel. NexCen plans to elevate the pretzel business in consumers' minds in both the domestic and international marketplace. For more information, please visit www.pretzeltime.com
100 Canadian locations Coast to Coast in just 6 years! Join the Smoke's Poutinerie team and be a part of the World's Largest & Original Poutinerie a cool, unique Brand focusing exclusively on Poutine. Our exclusive menu plays a very significant role with its Signature Gravy, Fresh Hand-Cut Fries, Squeaky Cheese Curds and an unlimited combination of toppings. The Smoke's Poutinerie goal is to bring this Iconic Canadian dish to the rest of the World in our own original and unique way!
The Smoke's Poutinerie Brand has been expanding exponentially since our debut on the Franchise scene in 2009. In addition to our continued growth in the Canadian & U.S. Markets, we have been busy building our Sports & Entertainment Division and Non-Traditional Portfolio which includes major league sporting venues and universities and colleges.
We are excited to extend the Smoke's Poutinerie Award Winning Concept to other Poutine lovers to launch their own Smoke's Poutinerie. We are simply looking for like-minded individuals who are fun, energetic, social, hard-working, service oriented people that share the same vision and fit the atmosphere of the restaurant that we will be building together. Get on the Gravy Train and help us work towards our ultimate goal, GLOBAL DOMINATION!!!