Mr. Hero vs Tacone Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Hero vs Tacone including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Mr. Hero Tacone
Investment 113000 - 305000 230000 - 459800
Franchise Fee 0 0
Royalty Fee 5.50% 6%
Advertising Fee 1.5% + 1%
Year Founded 1965 1996
Year Franchised 1970 2000
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Mr. Hero Tacone
Experience Industry experience General business experience Marketing skills

Financing Options

  Mr. Hero Tacone
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Mr. Hero Tacone
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Co-op advertising, Ad slicks, Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) Number of employees needed to run franchised unit: 5 - 7 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

Expansion Plans

  Mr. Hero Tacone
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Mr. Hero
Tacone
Franchise Fee
Mr. Hero
Tacone
Royalty Fee
Mr. Hero 5.50%
Tacone 6%
Advertising Fee
Mr. Hero
Tacone 1.5% + 1%
Year Founded
Mr. Hero 1965
Tacone 1996
Year Franchised
Mr. Hero 1970
Tacone 2000
Term Of Agreement
Mr. Hero 10 years
Tacone 10 years
Renewal Fee
Mr. Hero
Tacone $2.5K


Business Experience Requirements

Experience
Mr. Hero Industry experience General business experience Marketing skills
Tacone

Financing Options

 
Franchise Fees
Mr. Hero No
Tacone No
Start-up Costs
Mr. Hero
Tacone
Equipment
Mr. Hero}
Tacone
Inventory
Mr. Hero
Tacone
Receivables
Mr. Hero
Tacone
Payroll
Mr. Hero
Tacone

Training & Support

Training
Mr. Hero
Tacone
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Tacone Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Tacone Co-op advertising, Ad slicks, Regional advertising
Operations
Mr. Hero International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)
Tacone Number of employees needed to run franchised unit: 5 - 7 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Mr. Hero
Tacone
Canada Expansion
Mr. Hero
Tacone
International Expansion
Mr. Hero
Tacone