Applebee's vs Taste Of Mediterranean Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Applebee's vs Taste Of Mediterranean including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Applebee's Franchise
Taste Of Mediterranean Franchise
Investment $2,009,038 - $8,267,250$99,000 - And Up
Franchise Fee $35,000$12,000 - $20,000
Royalty Fee 4% initially, 5% possible after$1,000. a month, Flat Fee.
Advertising Fee not less than 4%2%
Year Founded 19802004
Year Franchised 20142007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Applebee's Franchise
Taste Of Mediterranean Franchise
Experience Our Ideal Franchise Partner -Is committed to a long term franchise relationship built on trust and respect -Knows how to build a brand -Understands that accessible pricing and value are core components of casual dining -Has prior hospitality experience or knowledge, particularly in critical areas like supply chain, quality assurance, real estate development, and marketing -Has or will have infrastructure dedicated to the development of our brand -Has material liquidity and net worth, with access to capital -Has a track record of developing multi-unit restaurant systems -

Financing Options
 
Applebee's Franchise
Taste Of Mediterranean Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Applebee's Franchise
Taste Of Mediterranean Franchise
Training -Full hands on trianing for 2 weeks at one of our location.
Support --
Marketing --
Operations --

Expansion Plans
 
Applebee's Franchise
Taste Of Mediterranean Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Applebee's

Applebee's is the largest casual dining chain in the world with sales of $4.7 billion in 2006. Already the business staple of friendly casual dining, Applebee's is pursuing expansion opportunities, and is looking for individuals/firms with a serious interest in developing our successful brand internationally. For years Applebee's has embraced neighborhood culture, providing high-quality food and drinks in a friendly and informal atmosphere. Compared to the competition, Applebee's consistently delivers food to the consumer faster as well as more affordably. We plan to take this same mantra abroad, creating a warm, inviting dining experience designed around location-specific demographics and customer preference information.

"franchiserankingscom"
#96 on Franchise Rankings.com

About Taste Of Mediterranean

Taste of Mediterranean offers great tasting Mediterranean specialty platters, appetizers, sandwiches, pitas, wraps, pizzas, and salads that customers love! We are proud of our great food. Now we are expanding to bring our delicious business opportunity to communities across Canada, USA and Beyond.As a franchisee, we offer you low start up costs, low franchise fees, and low royalties to help you get started with your successful new venture! We offer all our franchisees full training including business management, food management and cooking training. We offer you lease negotiation assistance and store set-up for a successful launch of your restaurant.