| ||||
Updated RecentlyOrion Food Systems vs Xing Fu Tang Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Orion Food Systems vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $59,500 - $140,000 | $289,000 - $943,500 |
| Franchise Fee | N/A | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1982 | 2019 |
| Year Franchised | 1993 | 2020 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | Yes/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | On-The-Job Training: 45 hours Classroom Training: 9.5 hours | - |
| Support | Ongoing Support Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Ad Templates Regional Advertising Social media Email marketing Loyalty program/app | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Orion Food Systems
!["Orion]("http://orionfoods.com/assets/images/logo@2x.png"){kind=logo}
Orion Food Systems franchises a variety of quick-service brands
that place locations within nontraditional locations such as convenience
stores, hospitals, colleges, sports arenas, shopping centers, airports
and military bases. Brands include Hot Stuff Pizza, Gourmet Grub, Chopz,
and Chix Chicken.
Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
#228 in Franchise 500 for 2020.
About Xing Fu Tang
!["Xing]("https://fddexchange.com/wp-content/uploads/2020/11/Xing-Fu-Tang.png")
The franchise that we offer is for a Xing Fu Tang business, a retail
shop offering premium, Taiwanese-style boba or bubble tea beverages,
featuring unique, stir fried, brown sugar tapioca pearls prepared
according to a proprietary recipe, using high quality ingredients, and
made fresh in front of the customer, and other menu items.
The initial investment necessary to begin operation of a Shop under a
franchise agreement ranges from $289,000 to $673,500. This includes
$135,000 to $160,000 that you must pay to the franchisor or its
affiliates.
The initial investment necessary to begin operation of a
Shop under a multi-unit development agreement depends on the number of
Shops that you are authorized to develop and ranges from $404,000,000 to
$943,500. This includes a development fees of $115,000 to 270,000
depending on the number of Shops that you are authorized to establish
under the multi-unit development agreement.