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Below is an in-depth analysis and side-by-side comparison of Fit for Life vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $180,000 - And Up | $156,650 - $260,400 |
Franchise Fee | N/A | $20,000 |
Royalty Fee | 7% | 5% |
Advertising Fee | 0% | 1% |
Year Founded | - | 1980 |
Year Franchised | - | 1980 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
Support | At Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee. | 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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Fit for Life is a fast food concept catering to the health and nutrition conscious consumer. The menu focuses primarily on nutrition developed around the Wrap sandwich prepared with organically made bread, with no chemicals or preservatives. The Fit for Life menu items are endorsed by the Heart and Stroke Foundation and have earned an excellent reputation through many satisfied customers. The Fit for Life franchise is protected under federal and provincial trademark laws. It offers an exciting and outstanding opportunity to become part of a highly successful and rapidly growing fast food industry. Fit for Life's unique concept responds to the increasing consumers demand for a high quality nutritious product provided in an attractive, efficient format.
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!'