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Updated RecentlyBarry's Cheesesteaks vs The Simple Greek Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Barry's Cheesesteaks vs The Simple Greek including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $223,262 - $439,767 | $318,700 - $651,250 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2019 | 2015 |
| Year Franchised | 2019 | 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 | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Barry's Cheesesteaks
!["Barrys]("https://fddexchange.com/wp-content/uploads/2020/03/Barrys-Cheesesteaks-300x111.jpg")
!["Concept]("https://assets.foodfranchise.com/concept-image/barrys-cheesesteaks-1.jpg?v=1")
Offers franchises to operate a quick-serve restaurant offering
authentic Philly Cheesesteaks, burgers and wings, as well as the
opportunity offer catering and/or delivery where appropriate designed by
Barry’s Cheesesteaks under the trade name Barry’s Cheesesteaks and
More. The franchisor offers 2 purchase options: a Single Unit Franchise
or a Multi-Unit Development Agreement, under which you must open a
minimum of two locations within a specified period of time.
The total investment necessary to begin operation of a single unit Barry’s Cheesesteaks and
More franchised business is between $223,262
and $427,267. This includes between $30,000 and $40,000 that must be
paid to the franchisor or its affiliate(s).
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
If you enter into a Multi-Unit Development Agreement to develop at least two outlets, when you sign the Multi-Unit Development Agreement you will pay a development fee equal to 100% of the initial franchise fee of $30,000 for the first outlet to be developed, plus a deposit equal to 50% of the reduced initial franchise fee for each additional outlet to be developed under the Multi-Unit Development Agreement.
The total
estimated initial investment under a Multi-Unit Development Agreement
for two outlets, including the costs to build and equip the first outlet
is $235,762 to $439,767. This includes $42,500 to $52,500 that must be
paid to the franchisor and/or its affiliates.
About The Simple Greek
!["The]("https://fddexchange.com/wp-content/uploads/2021/01/The-Simple-Greek.jpg")
The Simple Greek is redefining the traditional Greek restaurant with an
interactive concept that combines premium ingredients, open kitchens and
Greek atmosphere in a fast casual setting. Proudly featuring the
authentic flavors and spices of Greece and the Mediterranean seaboard,
the menu features a variety of dishes such as build your own bowls,
salads, pitas and Greek yogurt with a variety of proteins, toppings and
sides to choose from at an affordable price. The Simple Greek prepares
all meats and ingredients daily to ensure the highest level of quality
and freshness. Our interactive ordering process allows you, the customer
to ask questions about the food while being able to see the fresh,
handmade dishes being prepared right in front of you.
The total investment necessary to begin operation of a The Simple Greek franchise ranges from $318,700 to $632,500. This includes $25,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin the operation of a The Simple Greek multi-unit development business ranges from $337,450 to $651,250, for a required minimum of 2 The Simple Greek outlets to be developed. This includes a minimum $43,750 that must be paid to the franchisor or their affiliates.