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Below is an in-depth analysis and side-by-side comparison of 16 Handles vs Tropical Flavored Shake including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $274,500 - $735,000 | $1,300 |
Franchise Fee | $30,000 | $1,140 |
Royalty Fee | 6% | 0 |
Advertising Fee | 2% | 0 |
Year Founded | 2008 | - |
Year Franchised | 2010 | - |
Term Of Agreement | 10 years | 3 years |
Term Of Agreement | 10 years | 3 years |
Renewal Fee | 10% of the then franchise fee | - |
Business Experience Requirements |
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Experience | Experienced business people, franchisees, and multi-unit operators | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 2 Weeks of training at one of our corporate training stores in NYC 1 Week of on site training support by one of our Operations Specialists | - |
Support | As a 16 Handles franchise owner, you will receive full support services every step of the way. Through informative, on-site visits and a comprehensive, confidential operations manual, you will be assisted in all the critical areas, including but not limited to: site selection, building design, initial equipment purchases, hiring, management, food ordering and marketing. And you will have ongoing support from our experienced corporate team to guide you through building your business, controlling your costs and running your business efficiently all the way from post-deposit through grand opening and beyond. | - |
Marketing | - | - |
Operations | A Franchise Business Consultant will be assigned to your store to assist with all business operations | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
E-Concept Business Consultancy, Inc. would like to extend our warmest welcome to you, our dear visitor! We here at E-Concept value 'People' and 'Service' as our most valuable asset. With a mix of western and eastern culture we come up with innovative solutions to cater for the ever changing Asian market. We provide franchise development and selling service for interested entrepreneur. Geared towards versatile and effective operation for positive profit potential. Also we have Marketing and Management Consultancy services for small and medium scale business who in turn need a good efficient system to integrate with their current operations. Franchise Package includes *Use of Name *Transfer Of Technology *Business System *Marketing Support *Pre Opening Assistance *Grand Opening *Post Opening *Recruitment and training of Crew *Orientation of Franchisee *Site Assistance *Permit Assistance *Free delivery of stocks within Metro Manila Item Setup * OUTDOOR CART FREE! * Operating Equipment & Utensils: * Icebox * Logo/Name * (2)Blender * Canister * (1)Set of uniform * Initial inventory worth Php 2,000