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Below is an in-depth analysis and side-by-side comparison of Babaz vs Petro's Chili & Chips including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $75,000 - $324,950 |
Franchise Fee | N/A | $15,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 4% local+1% Nat'l |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business. |
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 | - | Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips � restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening. |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Looking for an investment opportunity that will allow you to operate your own business with financial success? Babaz, a growing company offers you the best of both worlds as well as financial security to help build your future. Babaz is always looking for ambitious and hard working people to become part of our growing team. Why Join Us? An investment in your future Highly developed retail marketing plans Effective and coordinated advertising Streamlined central supply source Comprehensive training program: theoretical, practical and on-site Knowledgeable field support team Site selection and lease negotiations Sell both services and products for complimentary profits Flat-rate royalty Food industry is recession proof Constant cash flow Over 50 years of combined experience Our winning team!