Negril Eatery vs PINCHO Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Negril Eatery vs PINCHO including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Negril Eatery Franchise
PINCHO Franchise
Investment $244,100 - $327,567$463,055 - And Up
Franchise Fee $25,000$30,000
Royalty Fee 5%5%
Advertising Fee -2%
Year Founded 19792014
Year Franchised 19852014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Negril Eatery Franchise
PINCHO Franchise
Experience --

Financing Options
 
Negril Eatery Franchise
PINCHO Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Negril Eatery Franchise
PINCHO Franchise
Training You will be required to complete approximately eighty hours of classroom and actual training at our facilities. This includes, inventory control, employee scheduling, food handling and food preparation methods, recipes, customer service. You will also receive our proprietary Operations Manual to serve as your guide.-
Support We will assist with the design, site selection, lease, build out, sourcing of equipment and supplies.-
Marketing --
Operations --

Expansion Plans
 
Negril Eatery Franchise
PINCHO Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Negril Eatery

Currently, there are three locations and an express style restaurant that sit adjacent to the Silver Spring, MD store. Negril Eatery locations offer a limited menu, which translates into simplified operations. Patties, pastries and rotis are expertly prepared in the Negril central commissary, located in Laurel, MD which then distributes them frozen to all Negril Eatery locations where they are baked off and offered as freshly baked. With the popularity of the restaurant and the Express, Earl seeks to expand his business and take a taste of his homeland food to the world. At Negril Systems, Inc., we are seeking franchisees who are dynamic, motivated, and self starting, who want to take charge of their future. If this fits your profile, please contact Negril Systems, Inc.

About PINCHO

"Pincho
Pincho is an elevated fast-casual Latin grill concept. We’re a concept that was born from a passion for food and is ready to grow to the next level. We’re a modern-day burger and kebab joint, and we haven’t seen any other new franchise opportunity out there doing things quite like us.
“There’s nobody else like us in the U.S.,” says CEO and Co-Founder Otto Othman. “I’m not sure there’s anybody else like us anywhere that is serving up these kinds of meals influenced by iconic Latin street food and Latin American dishes. You wrap all that up into a concept that has fantastic economics, and you have something truly unique.”

The total investment necessary to begin operation of a Pincho franchise under a franchise agreement is $463,055 - $655,500. This includes $30,000 that must be paid to the Franchisor or affiliate.
The total investment necessary to begin operation of a Pincho franchise for the first restaurant if you sign an Area Development Agreement, which requires a minimum development of 3 Pincho Restaurants, is $523,055 - $715,500. This includes $90,000 that must be paid to the Franchisor or affiliate. If you and the franchisor agree to the development of more than 3 Pincho Restaurants, then your initial total investment for the first restaurant will increase by the number of additional Restaurants to be opened under the Area Development Agreement, multiplied by $30,000.