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Below is an in-depth analysis and side-by-side comparison of Lee's Sandwiches vs WOOPS! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $235,830 - $1,830,000 | $58,875 - $390,675 |
Franchise Fee | $35,000 - $75,000 | $15,000 - $25,000 |
Royalty Fee | 6.9% | 4% |
Advertising Fee | 2%local +2%Nat'l | - |
Year Founded | - | 2012 |
Year Franchised | - | 2015 |
Term Of Agreement | 10 years +5+5+5 | - |
Term Of Agreement | 10 years +5+5+5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | While you do not need baking experience to franchise with Woops!, we recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring Woops! to your community. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | Yes/- |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/- |
Training & Support |
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Training | Your or your designated manager will be required to attend an initial training course of 12 weeks for a Production Unit, 8 weeks for a Non-Production Unit or Mall Unit. This initial training will focus on various aspects of your restaurant and include both classroom and on-the-job training. | On-The-Job Training: 240 hours |
Support | *For approximately 10 days we will furnish one of our representatives on site for opening and operations assistance. *provide operational assistance and guidance *loan you a copy of the LEE'S SANDWICHES operations manual | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
WOOPS! was born in 2012 from a simple idea: Why not make money by
opening a pop-up shop at the bustling Holiday Shops at Bryant Park in
New York City - sharing delicious, specialty macarons with shoppers? The
response let the founders know they were onto something, and they
wasted no time in looking into how they could build a business on the
idea that macarons make wonderful and special gifts as well as a
day-brightening treat for oneself.