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Updated RecentlyPhilly Pretzel Factory vs The Simple Greek Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Philly Pretzel Factory vs The Simple Greek 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 | $318,700 - $651,250 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1998 | 2015 |
| Year Franchised | 2005 | 2015 |
| 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 The Simple Greek
!["The]("https://fddexchange.com/wp-content/uploads/2021/01/The-Simple-Greek.jpg")
The Simple Greek is redefining the traditional Greek restaurant with an
interactive concept that combines premium ingredients, open kitchens and
Greek atmosphere in a fast casual setting. Proudly featuring the
authentic flavors and spices of Greece and the Mediterranean seaboard,
the menu features a variety of dishes such as build your own bowls,
salads, pitas and Greek yogurt with a variety of proteins, toppings and
sides to choose from at an affordable price. The Simple Greek prepares
all meats and ingredients daily to ensure the highest level of quality
and freshness. Our interactive ordering process allows you, the customer
to ask questions about the food while being able to see the fresh,
handmade dishes being prepared right in front of you.
The total investment necessary to begin operation of a The Simple Greek franchise ranges from $318,700 to $632,500. This includes $25,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin the operation of a The Simple Greek multi-unit development business ranges from $337,450 to $651,250, for a required minimum of 2 The Simple Greek outlets to be developed. This includes a minimum $43,750 that must be paid to the franchisor or their affiliates.