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Updated RecentlyPhilly Pretzel Factory vs Barry's Cheesesteaks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Philly Pretzel Factory vs Barry's Cheesesteaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $133,999 - $351,193 | $223,262 - $439,767 |
| Franchise Fee | $35,000 | $30,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1998 | 2019 |
| Year Franchised | 2005 | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | "Someone who is willing to follow a system. We want someone who has the entrepreneurial spirit, but they have to understand that we have a proven model here." - Daniel DiZio, CEO and co-founder | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 5+ days Classroom Training: 5 days | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 6 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Philly Pretzel Factory
Philly Pretzel Factory is a real Soft Pretzel Factory with the ability to produce ten's of thousands of pretzels daily at each location. Philly Pretzel Factory provides tremendous value at prices of 100 for $17.00.
The total initial investment necessary to begin operating a single
traditional full production Philly Pretzel Factory ranges from $167,759
to $263,317. This includes approximately $35,000 that must be paid to
the franchisor and/or its affiliate.
The total initial investment
necessary to begin operating a single traditional oven-ready Philly
Pretzel Factory ranges from $209,673 to $351,193. This includes
approximately $35,500 to $36,500 that must be paid to the franchisor
and/or its affiliate.
The total initial investment necessary to begin operating a single full-production Philly Pretzel Factory located in a Walmart or other big-box retailer ranges from $133,999 to $196,087. This includes approximately $37,000 to $41,700 that must be paid to the franchisor and/or its affiliate.
The total initial investment necessary to begin operating a single full-production Philly Pretzel Factory located in a Walmart or other big-box retailer ranges from $133,999 to $196,087. This includes approximately $37,000 to $41,700 that must be paid to the franchisor and/or its affiliate.
The total initial investment necessary to begin
operating a single oven-ready Philly Pretzel Factory located in a
Walmart or other big-box retailer ranges from $187,363 to $244,411. This
includes approximately $37,500 to $43,200 that must be paid to the
franchisor and/or its affiliate.
#80 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Veteran Incentives $1,776 off franchise fee
About Barry's Cheesesteaks
!["Barrys]("https://fddexchange.com/wp-content/uploads/2020/03/Barrys-Cheesesteaks-300x111.jpg")
!["Concept]("https://assets.foodfranchise.com/concept-image/barrys-cheesesteaks-1.jpg?v=1")
Offers franchises to operate a quick-serve restaurant offering
authentic Philly Cheesesteaks, burgers and wings, as well as the
opportunity offer catering and/or delivery where appropriate designed by
Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and
More. The franchisor offers 2 purchase options: a Single Unit Franchise
or a Multi-Unit Development Agreement, under which you must open a
minimum of two locations within a specified period of time.
The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and
More franchised business is between $223,262
and $427,267. This includes between $30,000 and $40,000 that must be
paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
The total
estimated initial investment under a Multi-Unit Development Agreement
for two outlets, including the costs to build and equip the first outlet
is $235,762 to $439,767. This includes $42,500 to $52,500 that must be
paid to the franchisor and/or its affiliates.