Taste of Philly vs The Halal Guys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Taste of Philly vs The Halal Guys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$203,500 - $418,000 | $231,600 - $834,000 |
Franchise Fee |
$30,000 | N/A |
Royalty Fee |
6% | - |
Advertising Fee |
- | - |
Year Founded |
- | 1990 |
Year Franchised |
- | 2014 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | 5-10 Units Minimum Commitment · $1M liquid capital · $2M total net worth.
Liquidity Note: Franchisees must have clear access to at least $1M for the minimum 5-unit franchise, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Taste of Philly
One item that has made Philadelphia famous and has been enjoyed by its
natives is the hoagie. It reflects the strong presence of Italian
heritage that began primarily in South Philadelphia, around the original
colonial settlements. Some will dispute its origin, but no one can
dispute its popularity there and in the surrounding region. Legend has
it that the name involves Philadelphia’s Hog Island and originated
during World War I. Italian shipyard workers combined meats and cheeses
on long rolls and named them after the island. Others contend that the
sandwich size was enough to fill a hog. While the legend, either this
or others, may not be real, the strong ties to the community are
undeniable.
Each of our restaurants is individually owned and operated. We are always looking to open new restaurants and expand. A dozen high-volume stores currently stretch from Denver to Colorado Springs, and Taste of Philly is now looking beyond Colorado. We have a good market in Denver, and we are going to take a more rapid approach to expanding.
About The Halal Guys
The world famous The Halal Guys has created major global buzz with media and fans alike after announcing franchise deals for 225 new units in their first year of franchising! The concept originated with a humble food cart in Manhattan in 1990, and quickly grew into a leading tourist and native New Yorker destination for mouth-watering American Halal fare, including their signature chicken, gyro and falafel platters over rice and their world-famous white sauce. This original food cart is known as NYC's never-ending line! Due to overwhelming consumer demand and constant requests from fans, The Halal Guys is now franchising worldwide.
Franchisees must have clear access to at least $1M for the minimum 5-unit franchises, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores.