Hogi Yogi vs Capriotti's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hogi Yogi vs Capriotti's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$108,000 - $452,000 | $380,000 - $660,413 |
Franchise Fee |
$25,000 - $30,000 | $30,000 - $40,000 |
Royalty Fee |
6% | 6%-7% |
Advertising Fee |
- | 3% |
Year Founded |
1989 | 1976 |
Year Franchised |
1993 | 1987 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | No/Yes |
Start-up Costs |
-/- | No/Yes |
Equipment |
-/- | No/Yes |
Inventory |
-/- | No/Yes |
Receivables |
-/- | No/Yes |
Payroll |
-/- | No/Yes |
Training & Support |
Training |
- | Within two months prior to your opening, you will complete the 3 level Capriotti's University training program including on-line training, three weeks of in-store training and one week of classroom offered at our corporate headquarters in Las Vegas, Nevada. Your visit will give you the full flavor of the Capriotti's experience.
On-The-Job Training: 270 hours
Classroom Training: 49 hours
|
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 |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Hogi Yogi
In 1989, Mike Clayton, organizer of
Hogi Yogi®, perceived the market capability of two prominent nourishment sections in the fast food industry: submarine (hoagie) sandwiches and solidified yogurt. Mike is an alum of Brigham Young University with a Masters in Accounting and had labored for a long time with a Big Six bookkeeping firm. Mike says, "By then in my life- - I was 27- - I chose I needed to go into the fast-food industry, yet it wasn't until I'd done a considerable measure of research that I realized what it ought to be."
The introduction of the "Hogi" and "Yogi"
He had a companion whose father had concocted a sweet machine that utilized normal solidified yogurt without including air or sugar. The outcomes possessed a flavor like dessert and had the surface and appearance of frozen yogurt, yet had the nutritious estimation of solidified yogurt. Mike and a couple of financial specialists experienced many names until one Sunday at the family supper table, somebody made a joke about his "hogis and yogis", and the name stuck. "At to begin with, everybody thought it was entertaining and a couple likely thought about whether we were not kidding," says Mike, "Yet it's something individuals recall. It's been a decent decision."
The First Restaurant
The principal eatery was implicit the Northern Utah town of Logan. Eateries in Provo, Orem, and West Valley City took after, and business kept on climbing. A long time of research and work went into the couple of eateries before diversifying began - building up the thought happened amid these years.
Diversifying and the Future
Diversifying began in 1993. Right now, there are more than 70 eateries in Utah, California, Idaho, Arizona, Nevada, Texas, and North Dakota. Our present objective is to open one beneficial eatery at once.
Turn into a part of our group!
Much obliged to you for your enthusiasm for our
Hogi Yogi/Teriyaki Stix establishment opportunity! Right now, we are redesigning our Franchise Disclosure Document (FDD). This implies we are presently not able to investigate our establishment opportunity with you because of FTC directions. We envision the procedure will be finished in two or three months. In the event that you take after the connection underneath and round out the frame, we will be in touch when our records are prepared. Much obliged to you for your enthusiasm for a
Hogi Yogi or Teriyaki Stix establishment. We anticipate talking with you!
About Capriotti's
No doubt you've already experienced our amazing high-quality sandwiches and friendly customer service. If you're at all like most of our franchise owners, you instantly fell in love with the incredible food and smiling faces. You thought, "Wow! A Capriotti's franchise would be an incredible opportunity!"
That it is! There is no better time than NOW to start exploring that opportunity.
It is no secret that Capriotti's is different than the competition:
Our food is FRESH and of the BEST quality! Our turkey and roast beef are homemade. That's what makes them taste so good!
We have a UNIQUE menu with specialty subs that keep customers coming back!
We consider our franchise owners to be family and provide ongoing support to make your business successful.
The total investment necessary to begin operation of a Capriotti's restaurant ranges from $380,000 to $660,413. This includes
$61,000 that must be paid to the franchisor or affiliate.
If you want development rights, you must pay us a development fee equal
to $30,000 (the initial franchise fee for the first Restaurant), plus
the $6,000 Development Services Fee for the first Restaurant, plus a
deposit of 33% of the initial franchise fee (which is $30,000) for each
additional Restaurant you commit to develop. The total investment
necessary to begin operation if you acquire development rights (with a
minimum required commitment of 3 Capriotti's restaurants)
is $390,000 to $670,413. This includes $71,000 that must be paid to the franchisor or affiliate.
Veteran Incentives 15% off franchise fee
#329 in Franchise 500 for 2020.