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Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs Veggirama 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 | $150,000 - $175,000 |
Franchise Fee | $20,000 | $25,000 - $40,000 |
Royalty Fee | 5% | - |
Advertising Fee | 1% | - |
Year Founded | 1980 | 1979 |
Year Franchised | 1980 | 1999 |
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 | 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 | - | - |
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!'
In 1999, VEGGIRAMA and are step by step changed over into Cultures eateries.
Find our idea Veggirama emerges of the brisk administration advertise by the freshness of its menu. Every one of our suppers are set up on the premises, day by day and with crisp and first quality fixings. Our idea is the perfect decision to appreciate light, crisp and delightful dinners. Our energy for freshness is reflected by our 4 S: Soups, Sandwiches, Salads and Smoothies. Veggirama - Healthy joys. We adjust our day by day endeavors towards the regard of our motto.