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Updated RecentlyMy Friend's Place vs Tossed Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs Tossed including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $156,650 - $260,400 | $263,500 - $397,000 |
| Franchise Fee | $20,000 | $25,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 1% |
| Year Founded | 1980 | 1998 |
| Year Franchised | 1980 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Although a food background is certainly helpful, it is not required but we highly recommend your store operator be experienced in day to day food service operations. We are looking for franchisees that have a strong business background that can operate multiple units. Tossed is the ideal expansion vehicle for existing knowledgeable operators. More important than experience in the food service industry, you should have the following qualities: customer service orientation, the ability to train and motivate, enthusiasm, energy and willingness to follow our systems. |
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 | A training team will train your management and staff with the necessary skills to provide excellent customer service. |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | Our franchise core is designed to provide you with the tools and support you need to make Tossed the first choice for potential customers. The support begins before you open your restaurant with a development team that will assist in creating the Tossed environment. Once your restaurant is open, ongoing follow-up support will be provided to insure that systems and specifications are in place. |
| 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 | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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!'
About Tossed
Our franchise program supports the franchisee whether you are a single unit operator, or you choose to build multiple locations. Benefits of a Tossed Regional Developer * Opportunity to own the exclusive rights to develop Tossed restaurants in your territory * The ability to recruit franchisees within your territory * Supervision over the development and operations of the franchisees operating within your territory * Receive half of the initial franchisee fees that are collected from franchisees in your territory * Receive half of the franchisee royalty fees that are collected from franchisees in your territory Duties * Construction * Preliminary real estate location analysis * Training * Lease negotiations * Pre/post opening support * Architectural/store layout * Marketing support As we expand across the country, we remain completely committed to providing the freshest, healthiest food and world class customer service.