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Updated RecentlyMy Friend's Place vs Planet Grilled Cheese Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs Planet Grilled Cheese 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 | $200,000 |
| Franchise Fee | $20,000 | $30,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | - |
| Year Founded | 1980 | 2016 |
| Year Franchised | 1980 | 2017 |
| 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 | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
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 Planet Grilled Cheese
Planet Grilled Cheese is an innovative and unique grilled cheese concept. We offer a low-cost and scalable franchise that features gourmet grilled cheese and various delicious treats.
Our concept was built to respond to the main challenges in the food industry: quality, simplicity and excellent service. Thanks to our unique concept we combine these three keys to success.
- Veteran Incentives
15% off franchise fee
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