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Updated RecentlyO'Naturals vs Barry's Cheesesteaks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of O'Naturals vs Barry's Cheesesteaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $764,000 - $1,000,000 | $223,262 - $439,767 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 1998 | 2019 |
| Year Franchised | 2005 | 2019 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | * Available at headquarters: 6 weeks * At franchisee's location: Up to 5 days | - |
| Support | - | - |
| Marketing | - | - |
| Operations | * Number of employees needed to run franchised unit: 10 - 25 * Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About O'Naturals
NO LONGER FRANCHISING
About Barry's Cheesesteaks
!["Barrys]("https://fddexchange.com/wp-content/uploads/2020/03/Barrys-Cheesesteaks-300x111.jpg")
!["Concept]("https://assets.foodfranchise.com/concept-image/barrys-cheesesteaks-1.jpg?v=1")
Offers franchises to operate a quick-serve restaurant offering
authentic Philly Cheesesteaks, burgers and wings, as well as the
opportunity offer catering and/or delivery where appropriate designed by
Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and
More. The franchisor offers 2 purchase options: a Single Unit Franchise
or a Multi-Unit Development Agreement, under which you must open a
minimum of two locations within a specified period of time.
The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and
More franchised business is between $223,262
and $427,267. This includes between $30,000 and $40,000 that must be
paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
The total
estimated initial investment under a Multi-Unit Development Agreement
for two outlets, including the costs to build and equip the first outlet
is $235,762 to $439,767. This includes $42,500 to $52,500 that must be
paid to the franchisor and/or its affiliates.