| ||||
Updated RecentlySofi's Crepes vs The Halal Guys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Sofi's Crepes vs The Halal Guys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $106,033 - $254,500 | $231,600 - $834,000 |
| Franchise Fee | $30,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% local +1%Nat'l | - |
| Year Founded | - | 1990 |
| Year Franchised | - | 2014 |
| Term Of Agreement | 5 years+5+5+5 | - |
| Term Of Agreement | 5 years+5+5+5 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | 5-10 Units Minimum Commitment · $1M liquid capital · $2M total net worth. Liquidity Note: Franchisees must have clear access to at least $1M for the minimum 5-unit franchise, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores. |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | The initial training covers all material aspects of the operations of a SOFI'S CREPES franchise and is comprised of classroom and on-the-job training. | - |
| Support | - | - |
| Marketing | - | - |
| Operations | SOFI'S CREPES offers you the opportunity to operate a restaurant offering quickly prepared specialty crepes and a variety of other delicious European and internationally inspired foods and beverages in a pleasant and comfortable environment in which customers can see the crepes being made. | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Sofi's Crepes
Delicious and versatile, crepes can be
described as "the ultimate French comfort
food." Perhaps this helps explain why the
joy of crepes has spread across the Atlantic
to America!
Of equal consideration,
today's customers are increasingly
sophisticated and value-conscious, profiles that crepes answer to nicely.
Additional trends shaping the restaurant industry are convenience, cuisines and favors, and healthful options.
Crepes offer a healthy,
reasonably priced, tasty alternative to "fast food," eliminating the need to sacrifice quality and nutrition to satisfy our love of fast and fresh.Sofi's Crepes support the "green" movement, which is growing in
restaurants nationwide.
In addition to global benefits, following "green"
practices can help minimize costs and
improve the bottom line.
The creation of crepes consumes few production
resources; a plus for our environment, a convenience for franchise operators, and a refection of our core beliefs.
Among other wise practices, Sofi's recycles, uses predominantly
fresh ingredients and sources from local vendors, whenever
possible. The "green" concept resonates with customers as well; when diners who enjoy the food and wonderful service, find out a restaurant is also green, a loyal customer is born!
In crafting the Sofi's concept, Ann did her homework, which included traveling to France to visit crepe shops and talk with their owners.
The result is a fluid
business system that serves as a blueprint for operating a Sofi's Crepes cafe.
When you are awarded a Sofi's Crepes franchise, you'll use this system to create a delightful cafe of your own!
About The Halal Guys
The world famous The Halal Guys has created major global buzz with media and fans alike after announcing franchise deals for 225 new units in their first year of franchising! The concept originated with a humble food cart in Manhattan in 1990, and quickly grew into a leading tourist and native New Yorker destination for mouth-watering American Halal fare, including their signature chicken, gyro and falafel platters over rice and their world-famous white sauce. This original food cart is known as NYC's never-ending line! Due to overwhelming consumer demand and constant requests from fans, The Halal Guys is now franchising worldwide.
Franchisees must have clear access to at least $1M for the minimum 5-unit franchises, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores.
Franchisees must have clear access to at least $1M for the minimum 5-unit franchises, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores.