Runza Restaurants vs My Friend's Place Franchise Comparison

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

Start-Up Costs and Fees

 
Runza Restaurants Franchise
My Friend's Place Franchise
Investment $1,250,000 - $2,720,000$156,650 - $260,400
Franchise Fee $30,000$20,000
Royalty Fee 5%5%
Advertising Fee 1%+up to 4% locally1%
Year Founded 19491980
Year Franchised 19701980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5000-


Business Experience Requirements

 
Runza Restaurants Franchise
My Friend's Place Franchise
Experience --

Financing Options

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

Training & Support

 
Runza Restaurants Franchise
My Friend's Place Franchise
Training -1. Headquarters 12 Business Days

2. Franchisee Site 12 Business Days

Support -Field Operation Evaluation

Field Training: At Additional Cost

Initial Store Opening

Inventory Control: At Additional Cost

Marketing --
Operations -Average Number of Employees: 2 Full-time, 2 Part-time

Passive Ownership: Not Allowed


Expansion Plans

 
Runza Restaurants Franchise
My Friend's Place Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Runza Restaurants

Owning a Runza Restaurant isn't just about serving sandwiches - it's about serving communities. We opened our first restaurant in Lincoln, Nebraska, in 1949, and we're still a family-owned business serving communities in Nebraska, Kansas, Colorado and Iowa. Keeping it close to home ensures each Runza Restaurant gets hands-on support from headquarters, and each Runza meal is made with the same commitment to quality, chain-wide. We're always on the lookout for great people to become part of our family and grow Runza 's presence in the areas we serve. If you're interested, we encourage you to learn more about our process and how we support franchises. Then, peruse other Frequently Asked Questions and read some Franchisee success stories.
We are actively seeking Franchisee candidates in Nebraska, Kansas, Colorado, Iowa, Missouri and Wyoming only.



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!'