Schlotzsky's vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Schlotzsky's vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Schlotzsky's Franchise
My Friend's Place Franchise
Investment $719,400 - $959,400$156,650 - $260,400
Franchise Fee $35,000$20,000
Royalty Fee 6%5%
Advertising Fee 4%1%
Year Founded 19711980
Year Franchised 19771980
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Schlotzsky's Franchise
My Friend's Place Franchise
Experience --

Financing Options

 
Schlotzsky's Franchise
My Friend's Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Schlotzsky's Franchise
My Friend's Place Franchise
Training On-The-Job Training: 240 hours Classroom Training: 50 hours 1. Headquarters 12 Business Days

2. Franchisee Site 12 Business 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 Field Operation Evaluation

Field Training: At Additional Cost

Initial Store Opening

Inventory Control: At Additional Cost

Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations -Average Number of Employees: 2 Full-time, 2 Part-time

Passive Ownership: Not Allowed


Expansion Plans

 
Schlotzsky's Franchise
My Friend's Place Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Schlotzsky's

Founded in 1971, Schlotzsky's is a pioneer in the fast casual restaurant category, offering customers an inviting restaurant feel, affordable meals throughout the day, and great food that has created a passionate following among customers throughout the country and the world. Our delicious and unique products, exciting, modern restaurant design, superior franchise support and committed ownership make a Schlotzsky's franchise a great business opportunity.  Joining the Schlotzsky's franchise family will open the door to an exciting future.

Veteran Incentives  $10,000 off franchise fee           

"Entrepreneur
#349 in Franchise 500 for 2020.
#374 in Franchise 500 for 2021.




About My Friend's Place

A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'