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Updated RecentlyPhillips Seafood vs Slapfish Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Phillips Seafood vs Slapfish including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,000,000 - $5,000,000 | $447,600 - $757,650 |
| Franchise Fee | $25,000 - $40,000 | $30,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | - | 2012 |
| Year Franchised | - | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | * Multiple restaurant/or hospitality experience * Existing infrastructure to develop operations and expansion * Solid capitalization to meet an endorsed development plan * Appropriate experience in the desired market or venue * Commitment to timely development * Passion to safeguard a Heritage brand of almost 100 years | - |
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 | - | On-The-Job Training: 2 weeks Classroom Training: 1 week |
| Support | - | Purchasing Co-ops Grand Opening Field Operations |
| Marketing | - | Co-op Advertising |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Phillips Seafood
Since 1914, Phillips has set the highest standards in the seafood industry. Known for our leadership and a commitment to protecting our natural resources, Phillips has obtained international recognition for our high volume, award-wining restaurants and quality Phillips brand retail products. An overnight success, four generations in the making, Phillips is continuing this focused growth with the launch of our franchising division. This new unit, having demonstrated compelling successes in airports, motorways, NFL stadiums, specialty locations and hotel venues is positioned for growth through relationships with highly qualified strategic partners that have a proven history of successful business operations. As a Phillips Strategic Partner, you will benefit not just from the tremendous recognition of the Phillips name, but our experience in creating and managing successful restaurant operations, a world class culinary R & D team and our proven operational expertise. Our franchise program has the versatility that enables you to diversify your franchise portfolio while leveraging your existing overhead. Innovation and tradition are the driving forces behind our brand. From quick service and grab & go operations, to our casual concept, through our fine dining restaurant, Phillips concepts are just as appealing and versatile as the seafood products we offer.
About Slapfish
Slapfish Model #1 - Slapfish "X"
- 400 - 1,200 square feet
- Ideal for airports, small locations, kiosks and food courts
- No bussers or food runners
- Express consolidated menu with quick ticket time
- Built to handle mass volume with low labor
- Examples: Lost Angeles LAX Airport - open, Baltimore BWI Airport - opening soon, Slapfish Laguna Beach - open
Slapfish Model #2 - Fast Casual
- 1,200 - 2,000 square feet
- Order at the counter, take a number, and food served tableside
- Beer and wine available
- Bussers and foodrunners
Slapfish Model #3 - Just Lobster Rolls
- "Roll in the Wall"
- Small Space - 400 - 600 square feet
- Airports, kiosks and strip malls
- The only thing on the menu - our famous lobster rolls
- Cape Code potato chips and artisan bottled sodas at counter
- Simple labor - it just takes two!