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Below is an in-depth analysis and side-by-side comparison of Slapfish vs Lobster Joint including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $447,600 - $757,650 | $695,600 - $996,400 |
Franchise Fee | $30,000 | $40,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 0.5% |
Year Founded | 2012 | 2011 |
Year Franchised | 2013 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | On-The-Job Training: 2 weeks Classroom Training: 1 week | - |
Support | Purchasing Co-ops Grand Opening Field Operations | - |
Marketing | Co-op Advertising | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
Lobster Joint serves up only the best classic New England comfort food and more.
We're looking for entrepreneurs who wish to be owners of a proven franchise model.