Start-Up Costs and Fees |
||
| My Friend's Place | Between Rounds Bakery Sandwich Cafe | |
| Investment | 156650 - 260400 | 313000 - 416000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% -7% |
| Advertising Fee | 1% | up to 2% |
| Year Founded | 1980 | 1990 |
| Year Franchised | 1980 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Friend's Place | Between Rounds Bakery Sandwich Cafe | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| My Friend's Place | Between Rounds Bakery Sandwich Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| My Friend's Place | Between Rounds Bakery Sandwich Cafe | |
| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| My Friend's Place | Between Rounds Bakery Sandwich Cafe | |
| US Expansion | Alabama, Florida, Georgia, Indiana, South Carolina, Texas | Connecticut, Massachusetts, Pennsylvania, West Virginia, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |
| Franchise Fee | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |
| Royalty Fee | |
| My Friend's Place | 5% |
| Between Rounds Bakery Sandwich Cafe | 5% -7% |
| Advertising Fee | |
| My Friend's Place | 1% |
| Between Rounds Bakery Sandwich Cafe | up to 2% |
| Year Founded | |
| My Friend's Place | 1980 |
| Between Rounds Bakery Sandwich Cafe | 1990 |
| Year Franchised | |
| My Friend's Place | 1980 |
| Between Rounds Bakery Sandwich Cafe | 1992 |
| Term Of Agreement | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | 10 years |
| Renewal Fee | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | $3.6K |
Business Experience Requirements |
|
| Experience | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |
| Start-up Costs | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |
| Equipment | |
| My Friend's Place} | |
| Between Rounds Bakery Sandwich Cafe | |
| Inventory | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |
| Receivables | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |
| Payroll | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |
Training & Support |
|
| Training | |
| My Friend's Place | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Between Rounds Bakery Sandwich Cafe | |
| Support | |
| My Friend's Place | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Between Rounds Bakery Sandwich Cafe | Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| My Friend's Place | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
| Between Rounds Bakery Sandwich Cafe | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| My Friend's Place | Alabama, Florida, Georgia, Indiana, South Carolina, Texas |
| Between Rounds Bakery Sandwich Cafe | Connecticut, Massachusetts, Pennsylvania, West Virginia, |
| Canada Expansion | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |
| International Expansion | |
| My Friend's Place | |
| Between Rounds Bakery Sandwich Cafe | |