|
Below is an in-depth analysis and side-by-side comparison of Pretzelmaker vs Potatopia including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $205,200 - $327,000 | $182,725 - $475,150 |
Franchise Fee | $15,000 - $25,000 | $35,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | 1.5% | 1.5% - 2% |
Year Founded | 1991 | - |
Year Franchised | 1992 | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | The company requires successful completion of a 5 day training program offered in Norcross, GA, as well as a 3 day in-store training session. | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Pretzelmaker have developed to end up pioneers in the delicate pretzel class, spend significant time in offering steaming hot, crisp heated, new curved pretzels, pretzel canines, newly crushed lemonade, and chilly drinks everywhere throughout the world. Pretzel Time works more than 190 stores situated in 30 states and five global areas. Pretzelmaker stores can be found in more than 190 areas in 33 states and two nations. NexCen added Pretzelmaker to its QSR fragment in August 2007. With the brand's dedication to crisp quality items and imaginative new menu things, NexCen's advertising and marking specialists will manufacture the pretzel business past "simply the pretzel idea in the shopping center," into a brought together brand with solid situating, an item development center and a convincing look and feel. NexCen arrangements to raise the pretzel business in purchasers' psyches in both the household and worldwide commercial center.
At Potatopia®, we're committed to the accomplishment of our Franchise Partners and are centered around giving world-class support and administration in view of regard and trust. When you join the Potatopia family, you'll be working with experienced experts who have broad brand building, promoting, improvement, and operational involvement in all elements of the foodservice establishment industry. Here's a little taste of the administration you'll get:
Land and Store Development
• Prototypical plan and theoretical designs for new establishments
• Assistance with land administrations including a committed renting group that will proactively distinguish new land openings and lead LOI proposition, rent arrangement, and rent survey
• Full Build out Support with a Certified Project Manager
The Investment
Potatopia has made two center store models to look over. We are looking for profoundly energetic and conscientious people to dispatch and work these adaptable models. The underlying speculation important to start the operations of a Potatopia eatery ranges from $182,725 to $297,050 for a booth area and $265,775 to $475,150 for a customary area. Establishment Fee Discounts are accessible for multi-unit improvement assentions.
Least prerequisites
• Cash liquidity of $100,000
• Net worth of at any rate $300,000
• $35,000 franchise fee