the streat vs Capriotti's Franchise Comparison

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

Start-Up Costs and Fees
 
the streat Franchise
Capriotti's Franchise
Investment $160,000 - $260,000$380,000 - $660,413
Franchise Fee $50,000$30,000 - $40,000
Royalty Fee 6%6%-7%
Advertising Fee 2%3%
Year Founded 19991976
Year Franchised 19991987
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
the streat Franchise
Capriotti's Franchise
Experience --

Financing Options
 
the streat Franchise
Capriotti's Franchise
  In-House/3rd PartyIn-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
 
the streat Franchise
Capriotti's Franchise
Training It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship. 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
 
the streat Franchise
Capriotti's Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About the streat

In 1999 husband and wife team Michael and Nikki McQuillan opened their first streat cafe in Belfast. Their vision was to develop the streat as the best known and most successful cafe concept to come out of Ireland by delivering consistently great food and coffee with award winning service in contemporary surroundings Since developing their successful formula into a franchise and investing heavily in the business while developing a substantial management team, the streat has rapidly become Ireland's fastest growing Cafe franchise. It is renowned for its fresh food, fabulous coffee and friendly service. More than a cafe... Franchisees are developing successful businesses within their streat cafes and growing their businesses beyond the cafe door by creating substantial outside catering and food delivery elements. Franchisees are supported and guided by the franchise support team in this, more than a cafe approach to business development. With 30 Cafe Outlets currently established and more opening, throughout Ireland, the streat is now launching its innovative "more than a cafe" business model into Great Britain and beyond.

Tragically we are not seeking any new franchisees right now however please don't hesitate to round out our establishment enquiry form and we will be glad to contact you amid our next enrollment drive. Meanwhile enjoy the tastes of our present franchises and perhaps ask if any of them are looking to sell. While asking, also ask their thoughts on the franchise to give yourself an insight on whether The Streat is a good choice for your future.

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


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