Mr. Hero vs the streat Franchise Comparison

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

Start-Up Costs and Fees
  Mr. Hero the streat
Investment 113000 - 305000 160000 - 260000
Franchise Fee 0
Royalty Fee 5.50% 6%
Advertising Fee 2%
Year Founded 1965 1999
Year Franchised 1970 1999
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Mr. Hero the streat
Experience Industry experience General business experience Marketing skills

Financing Options
  Mr. Hero the streat
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Mr. Hero the streat
Training It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship.
Support 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
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)

Expansion Plans
  Mr. Hero the streat
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Mr. Hero
the streat
Franchise Fee
Mr. Hero
the streat
Royalty Fee
Mr. Hero 5.50%
the streat 6%
Advertising Fee
Mr. Hero
the streat 2%
Year Founded
Mr. Hero 1965
the streat 1999
Year Franchised
Mr. Hero 1970
the streat 1999
Term Of Agreement
Mr. Hero 10 years
the streat
Renewal Fee
Mr. Hero
the streat


Business Experience Requirements
Experience
Mr. Hero Industry experience General business experience Marketing skills
the streat

Financing Options
 
Franchise Fees
Mr. Hero No
the streat No
Start-up Costs
Mr. Hero
the streat
Equipment
Mr. Hero}
the streat
Inventory
Mr. Hero
the streat
Receivables
Mr. Hero
the streat
Payroll
Mr. Hero
the streat

Training & Support
Training
Mr. Hero
the streat It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship.
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
the streat
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
the streat
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)
the streat

Expansion Plans
US Expansion
Mr. Hero
the streat
Canada Expansion
Mr. Hero
the streat
International Expansion
Mr. Hero
the streat