Start-Up Costs and Fees |
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| My Friend's Place | Runza Restaurants | |
| Investment | 156650 - 260400 | 1250000 - 2720000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 1%+up to 4% locally |
| Year Founded | 1980 | 1949 |
| Year Franchised | 1980 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| My Friend's Place | Runza Restaurants | |
| Experience | ||
Financing Options |
||
| My Friend's Place | Runza Restaurants | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| My Friend's Place | Runza Restaurants | |
| 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 | Runza Restaurants | |
| US Expansion | Alabama, Florida, Georgia, Indiana, South Carolina, Texas | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| My Friend's Place | |
| Runza Restaurants | |
| Franchise Fee | |
| My Friend's Place | |
| Runza Restaurants | |
| Royalty Fee | |
| My Friend's Place | 5% |
| Runza Restaurants | 5% |
| Advertising Fee | |
| My Friend's Place | 1% |
| Runza Restaurants | 1%+up to 4% locally |
| Year Founded | |
| My Friend's Place | 1980 |
| Runza Restaurants | 1949 |
| Year Franchised | |
| My Friend's Place | 1980 |
| Runza Restaurants | 1970 |
| Term Of Agreement | |
| My Friend's Place | |
| Runza Restaurants | 10 years |
| Renewal Fee | |
| My Friend's Place | |
| Runza Restaurants | $5,000 |
Business Experience Requirements |
|
| Experience | |
| My Friend's Place | |
| Runza Restaurants | |
Financing Options |
|
| Franchise Fees | |
| My Friend's Place | |
| Runza Restaurants | |
| Start-up Costs | |
| My Friend's Place | |
| Runza Restaurants | |
| Equipment | |
| My Friend's Place} | |
| Runza Restaurants | |
| Inventory | |
| My Friend's Place | |
| Runza Restaurants | |
| Receivables | |
| My Friend's Place | |
| Runza Restaurants | |
| Payroll | |
| My Friend's Place | |
| Runza Restaurants | |
Training & Support |
|
| Training | |
| My Friend's Place | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Runza Restaurants | |
| Support | |
| My Friend's Place | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Runza Restaurants | |
| Marketing | |
| My Friend's Place | |
| Runza Restaurants | |
| Operations | |
| My Friend's Place | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
| Runza Restaurants | |
Expansion Plans |
|
| US Expansion | |
| My Friend's Place | Alabama, Florida, Georgia, Indiana, South Carolina, Texas |
| Runza Restaurants | |
| Canada Expansion | |
| My Friend's Place | |
| Runza Restaurants | |
| International Expansion | |
| My Friend's Place | |
| Runza Restaurants | |