Souper Salad vs My Friend's Place Franchise Comparison

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

Start-Up Costs and Fees

 
Souper Salad Franchise
My Friend's Place Franchise
Investment $593,650 - $873,200$156,650 - $260,400
Franchise Fee $30,000$20,000
Royalty Fee -5%
Advertising Fee -1%
Year Founded 19781980
Year Franchised 20091980
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Souper Salad Franchise
My Friend's Place Franchise
Experience --

Financing Options

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

Training & Support

 
Souper Salad 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

 
Souper Salad Franchise
My Friend's Place Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Souper Salad

Souper Salad restaurants are perfect for customers seeking a casual atmosphere with fresh, and healthy food. Now operating bustling locations in multiple states, we're pleased to invite you to join in the success of the growing Souper Salad family.Souper Salad is actively seeking experienced retail operators with proven expertise in the food service industry. Souper Salad franchisees must be experts in their markets, be willing to work diligently and provide full-time best efforts toward the success of the Souper Salad brand.
 
Our all-you-can-eat buffet features made-from-scratch soups, fresh salads and fruit, delicious made-from-scratch breads, baked potatoes, and dessert. Our menu items change daily and seasonally so you can try something new each visit as well as savor your favorites - and it’s all for one low price!
 
Veteran Incentives
50% off franchise fee

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!'