Original SoupMan, The vs Mr. Hero Franchise Comparison

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

Start-Up Costs and Fees
  Original SoupMan, The Mr. Hero
Investment 79500 - 198500 113000 - 305000
Franchise Fee 0
Royalty Fee 5% 5.50%
Advertising Fee
Year Founded 1984 1965
Year Franchised 2005 1970
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Original SoupMan, The Mr. Hero
Experience Industry experience General business experience Marketing skills

Financing Options
  Original SoupMan, The Mr. Hero
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Original SoupMan, The Mr. Hero
Training
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
  Original SoupMan, The Mr. Hero
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Original SoupMan, The
Mr. Hero
Franchise Fee
Original SoupMan, The
Mr. Hero
Royalty Fee
Original SoupMan, The 5%
Mr. Hero 5.50%
Advertising Fee
Original SoupMan, The
Mr. Hero
Year Founded
Original SoupMan, The 1984
Mr. Hero 1965
Year Franchised
Original SoupMan, The 2005
Mr. Hero 1970
Term Of Agreement
Original SoupMan, The
Mr. Hero 10 years
Renewal Fee
Original SoupMan, The
Mr. Hero


Business Experience Requirements
Experience
Original SoupMan, The
Mr. Hero Industry experience General business experience Marketing skills

Financing Options
 
Franchise Fees
Original SoupMan, The No
Mr. Hero No
Start-up Costs
Original SoupMan, The
Mr. Hero
Equipment
Original SoupMan, The}
Mr. Hero
Inventory
Original SoupMan, The
Mr. Hero
Receivables
Original SoupMan, The
Mr. Hero
Payroll
Original SoupMan, The
Mr. Hero

Training & Support
Training
Original SoupMan, The
Mr. Hero
Support
Original SoupMan, The
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Original SoupMan, The
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Original SoupMan, The
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)

Expansion Plans
US Expansion
Original SoupMan, The
Mr. Hero
Canada Expansion
Original SoupMan, The 0
Mr. Hero
International Expansion
Original SoupMan, The
Mr. Hero