|
Below is an in-depth analysis and side-by-side comparison of Tutti Frutti vs First Watch Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $213,075 - $479,550 | $899,800 - $1,522,000 |
Franchise Fee | $25,000 | $45,000 - $80,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | up to 3% |
Year Founded | 1979 | 1983 |
Year Franchised | 1996 | 1983 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | Training encompasses three phases: Phase 1: The Franchise owner(s) and / or manager must complete his or her training successfully prior to the Tutti Frutti Restaurant opening. This training is part of our service and support, but the franchise /owner is responsible for transportation, lodging, and living expenses when applicable. Phase 2: The franchise / owner(s) along with the guidance of our operations team will choose, and prepare the Tutti Frutti staff members and restaurant for a successful opening. Phase 3: Our corporate team will be with you from the onset to help and assure all the Tutti Frutti team members get the training and follow up. This support will be very close and will continue during the first few weeks of opening and will be ongoing during the term of our agreement, although at a lesser frequent rate. | - |
Support | - | We work together with each franchisee to determine (1) the size of the development area of the market you are interested in pursuing, (2) the number of restaurants to be developed and (3) the schedule of openings. We also provide support in the areas of Real Estate site selection, training, marketing and a comprehensive Operations Manual. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
First Watch Restaurants was founded in 1983 in Pacific Grove, CA on the simple concept of putting customers first. In other words, we strive to provide unexpectedly extraordinary experiences everyday. It's all part of our "YOU FIRST" service philosophy - our commitment to doing whatever it takes to make our customers' visits memorable. First Watch Restaurants begin each day at the crack of dawn, slicing fresh fruits and vegetables, baking muffins and whipping up our French toast batter from scratch. We're committed to freshness using - some of the finest ingredients available - never compromising quality. First Watch Restaurants' unique Breakfast, Brunch and Lunch creations are freshly prepared to each order. When customers arrive, we welcome them with a pot of our coffee, complimentary newspapers and Wi-Fi Internet access. Today, First Watch Restaurants, Inc. is one of the largest privately owned, daytime-only restaurant companies in the country. Headquartered in Bradenton, FL, and operating more than 80 restaurants in 11 states, First Watch Restaurants offers something for everyone, from traditional Breakfast, Brunch and Lunch favorites to our signature creations. Business or pleasure, we take pride in meeting the special needs of our customers. If you have experience operating, managing or owning successful restaurants, are passionate about the First Watch Restaurants brand and truly want to succeed and be part of something fresh and unique, then you're just the kind of person we are looking for!