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Updated RecentlyRhapsody's vs I Dream of Falafel Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rhapsody's vs I Dream of Falafel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $565,000 - And Up | $337,811 - $470,302 |
| Franchise Fee | $42,500 - $56,000 | $25,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1 - 3% | 3% |
| Year Founded | 2000 | 2009 |
| Year Franchised | 0 | 2011 |
| Term Of Agreement | - | 10 years +5+5 |
| Term Of Agreement | - | 10 years +5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
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 | The training consists of a minimum of 3 months which is all done in an existing store level. A management competency program is strictly adhered to and will be accessed weekly. | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
| Support | - | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Rhapsody's
FLAVOURS OF LIFE In February 2000, the Rhapsodys concept began with the basic notion of raising the bar in dining excellence and has since persevered toward a supremacy which is dynamic and full of life. Rhapsodys offers a natural ambiance which is lively yet effortless, simple yet delicious, stylish yet relaxed. Elegant decor and an extensive array of superior wines form part of the perfect backdrop for our superb culinary flair. There are many opportunities for further Rhapsodys venues and in this regard, our Directors welcome enquiries from suitable individuals and / or organizations who are interested in certain areas which do not overlap with any of our existing restaurants. Location is paramount to the success of any restaurant.Our criteria, demands a high traffic venue with good visibility to passing trade.In addition to this, a site should have acceptable access to secure parking. Should you have access to capital as well as experience and passion for the restaurant industry reach out for the Flavours of Life and send a short description of your interest to us on [email protected] and we will respond to your enquiry as soon as possible.
About I Dream of Falafel
A Flavorful Opportunity with the I Dream of Falafel Mediterranean Restaurant Franchise Consumers are not only looking for great taste and affordability but also varied, healthier menu options. The I Dream of Falafel Mediterranean restaurant franchise fulfills their wishes! According to a number of media sources, the popularity of Mediterranean cuisine1 (including hummus, chickpeas, yogurt, olive oil, and other items deemed healthful by consumers), continue to grow year over year, as does revenue from sales of Mediterranean-inspired menu selections That's why I Dream of Falafel is appealing to so many different types of customers: from younger students to older professionals, from families to singles, plus vegetarians and vegans, and more - just about everyone can find something to love. The I Dream of Falafel menu is streamlined, yet amazingly diverse, with a nearly limitless number of possible meal combinations and fresh options for all our guests.