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Updated RecentlyMr. Pretzels vs Potatopia Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mr. Pretzels vs Potatopia including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $50,000 - $250,000 | $182,725 - $475,150 |
| Franchise Fee | $20,000 | $35,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3.5% | 1.5% - 2% |
| Year Founded | 1993 | - |
| Year Franchised | 1994 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | $750,000 USD Net Worth $250,000 USD Liquid Assets Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous | - |
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 | Comprehensive Training # Extensive Store Training Programs that include a Mr. Pretzels overview, store opening procedures, service training, and training for all levels of staff. # Comprehensive Training Manual that covers all management and staff procedures - from opening to closing - plus information on financial reporting, accounting, inventory, and human resource management. | - |
| Support | World-Class Franchisee Support Services Printer-Friendly Pre-Opening and Operation Support * Assistance with every phase of store development: from initial layout through ongoing operations. * Your Mr. Pretzels Consultant will be your direct liaison to our staff at Mr. Pretzels' Support Center. * Expert guidance on store construction, grand opening, building sales, optimizing profits, training, marketing, ongoing research and development, and more. | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Mr. Pretzels
Mr. Pretzels currently offers franchising opportunities for individuals and companies that adopt the strategy of multi-unit territory development. This business model enables our partners to build the brand in their territory as well as leverage marketing and purchasing capacity. We require 100% of the first-year development to be funded through allotted capital and, at a minimum, 30% of the next four years (development schedule is 5 years) to be accessible dedicated capital. We seek qualified franchise partners interested in multi-unit development in exclusive territories around the world. Mr. Pretzels is a leading snack food brand with more than 140 retail locations worldwide in 11 countries. Our strong international network allows us to provide outstanding operational support to every franchisee. It is one of the lowest investments in the food business (USD$50,000-$100,000) and the training lasts only two weeks. We are seeking International franchisees interested in exclusive, multi-unit territory development of at least five stores within three years.
About Potatopia
At Potatopia®, we're committed to the accomplishment of our Franchise Partners and are centered around giving world-class support and administration in view of regard and trust. When you join the Potatopia family, you'll be working with experienced experts who have broad brand building, promoting, improvement, and operational involvement in all elements of the foodservice establishment industry. Here's a little taste of the administration you'll get:
Land and Store Development
• Prototypical plan and theoretical designs for new establishments
• Assistance with land administrations including a committed renting group that will proactively distinguish new land openings and lead LOI proposition, rent arrangement, and rent survey
• Full Build out Support with a Certified Project Manager
The Investment
Potatopia has made two center store models to look over. We are looking for profoundly energetic and conscientious people to dispatch and work these adaptable models. The underlying speculation important to start the operations of a Potatopia eatery ranges from $182,725 to $297,050 for a booth area and $265,775 to $475,150 for a customary area. Establishment Fee Discounts are accessible for multi-unit improvement assentions.
Least prerequisites
• Cash liquidity of $100,000
• Net worth of at any rate $300,000
• $35,000 franchise fee