Mr. Pretzels vs The Simple Greek Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Pretzels vs The Simple Greek including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Mr. Pretzels Franchise
The Simple Greek Franchise
Investment $50,000 - $250,000$318,700 - $651,250
Franchise Fee $20,000$25,000
Royalty Fee 6%-
Advertising Fee 3.5%-
Year Founded 19932015
Year Franchised 19942015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Mr. Pretzels Franchise
The Simple Greek Franchise
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

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Financing Options
 
Mr. Pretzels Franchise
The Simple Greek Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Mr. Pretzels Franchise
The Simple Greek Franchise
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
 
Mr. Pretzels Franchise
The Simple Greek Franchise
US Expansion YesYes
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 The Simple Greek

"The
The Simple Greek is redefining the traditional Greek restaurant with an interactive concept that combines premium ingredients, open kitchens and Greek atmosphere in a fast casual setting. Proudly featuring the authentic flavors and spices of Greece and the Mediterranean seaboard, the menu features a variety of dishes such as build your own bowls, salads, pitas and Greek yogurt with a variety of proteins, toppings and sides to choose from at an affordable price. The Simple Greek prepares all meats and ingredients daily to ensure the highest level of quality and freshness. Our interactive ordering process allows you, the customer to ask questions about the food while being able to see the fresh, handmade dishes being prepared right in front of you.


The total investment necessary to begin operation of a The Simple Greek franchise ranges from $318,700 to $632,500. This includes $25,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin the operation of a The Simple Greek multi-unit development business ranges from $337,450 to $651,250, for a required minimum of 2 The Simple Greek outlets to be developed. This includes a minimum $43,750 that must be paid to the franchisor or their affiliates.