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Below is an in-depth analysis and side-by-side comparison of Hummus & Pita Co vs Chop Stop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $409,000 - $734,500 | $318,000 - $599,500 |
Franchise Fee | $40,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3% | to2% |
Year Founded | 2011 | 2010 |
Year Franchised | 0 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Prospective franchisees must meet the minimum requirements listed below in order to be considered for a Hummus & Pita Co. franchise. * $1MM net worth * $500K liquid capital available for investment * Willing to develop a territory of at least 5 Units * Ready to begin territory development within the next 3 months | - |
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 | - | On-The-Job Training: 177 hours Classroom Training: 63 hours |
Support | The Hummus & Pita Co. is committed to quality and consistency at every location and has developed systems which make duplicating the famous recipes and flavors easy for franchisees. We use best-in-class partners to guarantee product consistency and distribution to all restaurants. Additional support provided to franchisees includes: * Real Estate/Site Selection * Store Build-Out/Construction * Training Systems * Operational Support * Recipe and Menu Development * Marketing and Brand Building * Vendor and Equipment Selection * Point of Sale System * Pre-Opening/Grand Opening Support * Business Consulting | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Loyalty program/app |
Operations | - | Number of Employees Required to Run: 20 - 25 |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
Start-Up Costs and Fees Mobile |
||
Investment | ||
$409,000 - $734,500 | ||
$318,000 - $599,500 | ||
Franchise Fee | ||
$40,000 | ||
$30,000 | ||
Royalty Fee | ||
6% | ||
5% | ||
Advertising Fee | ||
3% | ||
to2% | ||
Year Founded | ||
2011 | ||
2010 | ||
Year Franchised | ||
0 | ||
2015 | ||
Term Of Agreement | ||
- | ||
- | ||
Renewal Fee | ||
- | ||
- | ||
Business Experience Requirements |
||
Experience | ||
Prospective franchisees must meet the minimum requirements listed below in order to be considered for a Hummus & Pita Co. franchise. * $1MM net worth * $500K liquid capital available for investment * Willing to develop a territory of at least 5 Units * Ready to begin territory development within the next 3 months | ||
- | ||
Financing Options |
||
In-House/3rd Party | ||
Franchise Fees | ||
-/- | ||
-/- | ||
Start-up Costs | ||
-/- | ||
-/- | ||
Equipment | ||
-/- | ||
-/- | ||
Inventory | ||
-/- | ||
-/- | ||
Receivables | ||
-/- | ||
-/- | ||
Payroll | ||
-/- | ||
-/- | ||
Training & Support |
||
Training | ||
- | ||
On-The-Job Training: 177 hours Classroom Training: 63 hours | ||
Support | ||
The Hummus & Pita Co. is committed to quality and consistency at every location and has developed systems which make duplicating the famous recipes and flavors easy for franchisees. We use best-in-class partners to guarantee product consistency and distribution to all restaurants. Additional support provided to franchisees includes: * Real Estate/Site Selection * Store Build-Out/Construction * Training Systems * Operational Support * Recipe and Menu Development * Marketing and Brand Building * Vendor and Equipment Selection * Point of Sale System * Pre-Opening/Grand Opening Support * Business Consulting | ||
Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | ||
Marketing | ||
- | ||
Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Loyalty program/app | ||
Operations | ||
- | ||
Number of Employees Required to Run: 20 - 25 | ||
Expansion Plans |
||
US Expansion | ||
Yes | ||
- | ||
Canada Expansion | ||
- | ||
- | ||
International Expansion | ||
- | ||
- |