Franchise FAQ

how much does a wetzel pretzel franchise cost

by Judah Little Published 2 years ago Updated 1 year ago
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What Does a Wetzel's Pretzels Franchise Cost? To buy a franchise with Wetzel's Pretzels, you'll need to have at least $100,000 in liquid capital and a minimum net worth of $200,000. Franchisees can expect to make a total investment of $275,000 - $375,000.

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How much is a Wetzel pretzels franchise?

Facts & FiguresLiquid capital required$50,000Net worth required$300,000Investment$153,100 - $523,850Franchise fee$35,000Royalty7.0%3 more rows

How much does it cost to open a pretzel maker?

Pretzelmaker Franchise Costs & FeesName of FeeLowHighFranchise Fee$15,000$25,000Grand Opening Marketing$3,000$5,000Travel and Living Expenses While Training$2,000$4,000Dough Ingredients$1,000$5,00013 more rows

Who is the owner of wetzels pretzels?

Our founders, Rick Wetzel & Bill Phelps, are here hard at work serving up hot fresh pretzels to customers.

How many wetzels pretzels are there?

Currently, Wetzel's Pretzels has 300+ locations in 28 states and six other countries worldwide....Wetzel's Pretzels.Wetzel's Pretzels in the Tysons Corner MallNumber of locations350 (2021)Key peopleJennifer Schuler, CEOProductsPretzelsRevenueUS$17 million (US, 2019)11 more rows

How much does a pretzel factory owner make?

Top 1/3 of the locations average $678K per year in sales and 27% of the franchise owners own multiple locations.

How much is Auntie Anne's pretzels franchise?

Facts & FiguresLiquid capital required$120,000Net worth required$300,000 - $580,000Investment$100,550 - $503,500Franchise fee$10,500 - $35,500Royalty7.0%4 more rows

Are Wetzel's pretzels baked or fried?

WETZEL'S PRETZELS MENU The best things in life are fresh and we bake all our pretzels fresh from scratch every day! Whether it is an Original Pretzel snack on the go, shareable and dip-able Cin-A-Bitz with made from scratch Sweet Glaze, or a Wetzel Dog meal with an ice-cold lemonade, we've got you covered.

What kind of cheese does Wetzel pretzel use?

mozarella cheeseOur signature pretzels bakedwith mozarella cheese and topped with butter, MouthWatering!

How long do Wetzel's pretzels last in the fridge?

How Long Do Soft Pretzels Last? Soft pretzels – A basic salted soft pretzel can last up to four days in the refrigerator. But if they are left out or stored in a Ziploc bag, they can last 24 hours.

Does Wetzel's pretzels own blaze pizza?

Founded in 2011 by Elise and Rick Wetzel of Wetzel's Pretzels, Blaze Pizza was modeled after Chipotle's made-to-order approach to serving customers. Basketball player LeBron James is one of the original investors in the chain.

What are Wetzel pretzel hot dogs made of?

beef mini hotAccording to a news release, Wetzel Dog Bites are 100 percent all beef mini hot dogs wrapped with Wetzel's pretzel dough, then baked until the pretzel is golden brown.

Does Wetzel pretzel use butter?

Wetzel Bitz Bite sized pieces of our fresh baked pretzel topped with butter. Comes either salted or unsalted.

How much does it cost to open a MADabolic?

How much does a MADabolic franchise cost? MADabolic has a franchise fee of up to $40,000, with a total initial investment range of $222,450 to $378,200.

How much does a pop a lock franchise cost?

The initial investment for an exclusive Pop-A-Lock service area: $29,000 franchise fee + exclusive territory fee, based on area population. Depending on your area's population count your “all in” investment can range from $85,000 to a few hundred thousand dollars. Minimum net worth for the candidate $250,000.

How much does it cost to open up an IHOP?

The franchise fee to open an IHOP is $40,000 per restaurant for a multi-unit agreement, $50,000 for a single restaurant agreement. The total estimated investment ranges from $92,000 to $810,000. IHOP annual company-wide revenues exceed $2 billion.

How much does it cost to open MCD?

McDonald's franchisees must make an initial investment of between $1 million and $2.2 million. McDonald's charges a $45,000 franchisee fee and an ongoing monthly service fee equal to 4% of gross sales. Franchisees must also pay rent to the company, which is a percentage of monthly sales.

Background

We are 26-year-old proven baking concept located in quality malls throughout America. We offer freshly hand-rolled and baked on-site pretzels, pretzel bites, hot dogs wrapped in pretzel dough dipped in butter with a variety of flavors such as cinnamon, jalapeno, pepperoni, etc.

Company Details

Established: 1994 First Unit Franchised: 1996 Franchised Units: 300 Company Owned Units: 20 States Registered In: Arizona - AZ, California - CA, Colorado - CO, Connecticut - CT, Florida - FL, Georgia - GA, Idaho - ID, Illinois - IL, Indiana - IN, Massachusetts - MA, Michigan - MI, Minnesota - MN, Nevada - NV, New Jersey - NJ, New York - NY, Oregon - OR, Tennessee - TN, Texas - TX, Utah - UT, Washington - WA Canada Franchises: No International Franchises: No.

Support and Training Offered By Wetzel's Pretzels

2 week 80 hours of training. 1 wk classroom 1 wk of bakery and store mgmt. hands on at one of four cites. Vegas, Orlando, Los Angles, Denver

Franchises Similar to Wetzel's Pretzels

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

Joining Team Wetzel

Wetzel’s Pretzels is currently the third fastest growing snack concept franchise in the world. That’s pretty big, but it’s not enough for them. They want to be the best, the biggest, the place to get a pretzel.

The Cost of a Pretzel

Starting any business is an expensive endeavor. Knowing how much it is likely to cost before signing paperwork can help the franchisee decide if the business venture will be worth it or not. Wetzel’s Pretzels does their best to outline the estimated cost to ensure the franchise applicant is making the best possible decision.

Pretzel Performance

Even though Wetzel’s Pretzels is a household name, it does not guarantee that they are a good choice as a franchise opportunity. To determine their viability, the franchise applicant should evaluate several different facets of their organization.

Choosing Wetzel

There are countless food service franchise opportunities to choose from. There’s casual dining, fast casual, and even snack food options, each of which have their own unique twist to the franchising experience. Deciding on a food service sub-genre can be difficult.

How many franchise locations do they have?

As of the 2021 Franchise Disclosure Document, there are 306 franchised Wetzel's Pretzels locations in the USA.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

Section I – Background Information

1. In early September 2021, Wetzel’s Pretzels announced the appointment of Kim Freer as its new chief marketing officer. Recognized as a proven leader in the restaurant industry, Freer brings a wealth of franchise marketing experience across a portfolio of nationally recognized brands.

Section II – Estimated Costs

Detailed estimates of Wetzel’s Pretzels franchise costs, based on Item 7 of the company’s 2021 FDD.

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

Detailed information on Wetzel’s Pretzels initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2021 FDD.

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