Start-Up Costs and Fees |
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| My Friend's Place | Vitality Bowls | |
| Investment | 156650 - 260400 | 170100 - 604000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | 1.50% |
| Year Founded | 1980 | 2011 |
| Year Franchised | 1980 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| My Friend's Place | Vitality Bowls | |
| Experience | Franchisee Profile *Passionate about VITALITY BOWLS *Passionate about healthy food and a healthy lifestyle *Local market knowledge *Minimum $30-60K liquid assets per store and total of $200k+ (May include lending) *Single store and multi unit development opportunities available, depending on your market *Retail or restaurant operations experience is helpful | |
Financing Options |
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| My Friend's Place | Vitality Bowls | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| My Friend's Place | Vitality Bowls | |
| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | VITALITY BOWLS operates training units in Walnut Creek, CA. We will do our best to schedule your training in an area that is convenient for you. Training will also take place at your location before and/or after you open. Our training program teaches you the day-to-day operation of your VITALITY BOWLS unit. VITALITY BOWLS requires that the franchisee, an operating partner, or a general manager, designated by the franchisee, attend our full-time, training program. This program will teach you how to fully operate your VITALITY BOWLS unit from the ground up. We will not let you open until we are satisfied we have provided you with sufficient training to be successful. |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | After signing your franchise agreement, we are available for continuous, direct support. You can count on us for operational input and best practices information. In addition, we will visit you regularly to ensure you are maximizing the potential of your business and we are helping you in every way we can. On a continuing basis, we will drive the brand and support your efforts in marketing, real estate and development, supply chain, and IT. Should you have questions or need help with issues in these areas, you can call us. |
| Marketing | ||
| Operations | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | |
Expansion Plans |
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| My Friend's Place | Vitality Bowls | |
| US Expansion | Alabama, Florida, Georgia, Indiana, South Carolina, Texas | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| My Friend's Place | |
| Vitality Bowls | |
| Franchise Fee | |
| My Friend's Place | |
| Vitality Bowls | |
| Royalty Fee | |
| My Friend's Place | 5% |
| Vitality Bowls | 6% |
| Advertising Fee | |
| My Friend's Place | 1% |
| Vitality Bowls | 1.50% |
| Year Founded | |
| My Friend's Place | 1980 |
| Vitality Bowls | 2011 |
| Year Franchised | |
| My Friend's Place | 1980 |
| Vitality Bowls | 2014 |
| Term Of Agreement | |
| My Friend's Place | |
| Vitality Bowls | 7 years |
| Renewal Fee | |
| My Friend's Place | |
| Vitality Bowls | |
Business Experience Requirements |
|
| Experience | |
| My Friend's Place | |
| Vitality Bowls | Franchisee Profile *Passionate about VITALITY BOWLS *Passionate about healthy food and a healthy lifestyle *Local market knowledge *Minimum $30-60K liquid assets per store and total of $200k+ (May include lending) *Single store and multi unit development opportunities available, depending on your market *Retail or restaurant operations experience is helpful |
Financing Options |
|
| Franchise Fees | |
| My Friend's Place | |
| Vitality Bowls | |
| Start-up Costs | |
| My Friend's Place | |
| Vitality Bowls | |
| Equipment | |
| My Friend's Place} | |
| Vitality Bowls | |
| Inventory | |
| My Friend's Place | |
| Vitality Bowls | |
| Receivables | |
| My Friend's Place | |
| Vitality Bowls | |
| Payroll | |
| My Friend's Place | |
| Vitality Bowls | |
Training & Support |
|
| Training | |
| My Friend's Place | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Vitality Bowls | VITALITY BOWLS operates training units in Walnut Creek, CA. We will do our best to schedule your training in an area that is convenient for you. Training will also take place at your location before and/or after you open. Our training program teaches you the day-to-day operation of your VITALITY BOWLS unit. VITALITY BOWLS requires that the franchisee, an operating partner, or a general manager, designated by the franchisee, attend our full-time, training program. This program will teach you how to fully operate your VITALITY BOWLS unit from the ground up. We will not let you open until we are satisfied we have provided you with sufficient training to be successful. |
| Support | |
| My Friend's Place | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Vitality Bowls | After signing your franchise agreement, we are available for continuous, direct support. You can count on us for operational input and best practices information. In addition, we will visit you regularly to ensure you are maximizing the potential of your business and we are helping you in every way we can. On a continuing basis, we will drive the brand and support your efforts in marketing, real estate and development, supply chain, and IT. Should you have questions or need help with issues in these areas, you can call us. |
| Marketing | |
| My Friend's Place | |
| Vitality Bowls | |
| Operations | |
| My Friend's Place | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
| Vitality Bowls | |
Expansion Plans |
|
| US Expansion | |
| My Friend's Place | Alabama, Florida, Georgia, Indiana, South Carolina, Texas |
| Vitality Bowls | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| My Friend's Place | |
| Vitality Bowls | |
| International Expansion | |
| My Friend's Place | |
| Vitality Bowls | |