My Friend's Place vs Original SoupMan, The Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs Original SoupMan, The including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  My Friend's Place Original SoupMan, The
Investment 156650 - 260400 79500 - 198500
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 1%
Year Founded 1980 1984
Year Franchised 1980 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  My Friend's Place Original SoupMan, The
Experience

Financing Options
  My Friend's Place Original SoupMan, The
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  My Friend's Place Original SoupMan, The
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
Marketing
Operations Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed

Expansion Plans
  My Friend's Place Original SoupMan, The
US Expansion Alabama, Florida, Georgia, Indiana, South Carolina, Texas
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
My Friend's Place
Original SoupMan, The
Franchise Fee
My Friend's Place
Original SoupMan, The
Royalty Fee
My Friend's Place 5%
Original SoupMan, The 5%
Advertising Fee
My Friend's Place 1%
Original SoupMan, The
Year Founded
My Friend's Place 1980
Original SoupMan, The 1984
Year Franchised
My Friend's Place 1980
Original SoupMan, The 2005
Term Of Agreement
My Friend's Place
Original SoupMan, The
Renewal Fee
My Friend's Place
Original SoupMan, The


Business Experience Requirements
Experience
My Friend's Place
Original SoupMan, The

Financing Options
 
Franchise Fees
My Friend's Place
Original SoupMan, The
Start-up Costs
My Friend's Place
Original SoupMan, The
Equipment
My Friend's Place}
Original SoupMan, The
Inventory
My Friend's Place
Original SoupMan, The
Receivables
My Friend's Place
Original SoupMan, The
Payroll
My Friend's Place
Original SoupMan, The

Training & Support
Training
My Friend's Place 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days
Original SoupMan, The
Support
My Friend's Place Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost
Original SoupMan, The
Marketing
My Friend's Place
Original SoupMan, The
Operations
My Friend's Place Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed
Original SoupMan, The

Expansion Plans
US Expansion
My Friend's Place Alabama, Florida, Georgia, Indiana, South Carolina, Texas
Original SoupMan, The
Canada Expansion
My Friend's Place
Original SoupMan, The 0
International Expansion
My Friend's Place
Original SoupMan, The