how much for a philly pretzel franchise

Full Answer

How much does it cost to open a Philly pretzel?

What Does a Philly Pretzel Factory Franchise Cost? To buy a franchise with Philly Pretzel Factory, you'll need to have at least $100,000 in liquid capital. They also offer a discount for veterans ($1,000 off mobile franchise and $2,000 off retail store).

Is Philly pretzel a franchise?

After graduating from college, he teamed up with Len Lehman to open the first Philly Pretzel Factory in 1998, and they began franchising in 2004. In addition to hot soft pretzels, Philly Pretzel Factory stores offer pretzel dogs and sausages, cheesesteak-stuffed pretzels, dipping sauces and frozen lemonade.

Who owns Philly Pretzel Factory?

Dan DiZioOur founder, Dan DiZio, grew up eating pretzels. He started selling soft pretzels in his neighborhood at age eleven, becoming a child entrepreneur with a sales team of kids from all around the town.

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

What franchise is the most profitable to own?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

What is the biggest pretzel company in the world?

Auntie Anne's®, the world's largest soft pretzel franchise, is named after founder, Anne Beiler.

How many Philly pretzel locations are there?

Years later, DiZio has continued Walker's legacy through Philly Pretzel Factory, founded in 1998 by Dizio and his college buddy, Len Lehman. The brand has grown from a single location in the Mayfair neighborhood in Philadelphia to 160 locations in 13 states across the U.S.

How much is an Auntie Anne's 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

What is the oldest pretzel company?

The Julius Sturgis Pretzel BakeryThe Julius Sturgis Pretzel Bakery, founded in 1861 is the first commercial pretzel bakery in America; and the Sturgis Family is the oldest pretzel baking family in America.

Is it profitable to open a franchise?

Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.

Are Auntie Anne's profitable?

Auntie Anne's Franchise is a very profitable business for the franchisor with retained earnings of $174 million in 2021. Compared to $160 million in 2019, they saw an increase of 8.75% from 2019 to 2021.

What actor owns a pretzel business?

actor Adam ShapiroActor Adam Shapiro is known for his work in films like Mank and Steve Jobs.

How many Philly pretzel locations are there?

Years later, DiZio has continued Walker's legacy through Philly Pretzel Factory, founded in 1998 by Dizio and his college buddy, Len Lehman. The brand has grown from a single location in the Mayfair neighborhood in Philadelphia to 160 locations in 13 states across the U.S.

How many locations does Philly Pretzel Factory have?

Yes! You may purchase gift cards at any of our 100 plus Philly Pretzel Factory locations.

Are CeX a franchise?

CeX started franchising in 2004 after their business model based on second-hand technology, gadgets, and digital entertainment products quickly proved successful and profitable. As a CeX franchisee, you will own and manage your own CeX store.

How much is 7.11 franchise?

Our franchise offer An initial investment of between $400,000 and $1,000,000 plus is what is required to become a 7-Eleven Franchisee, so it is certainly a big decision to make.

Background

Pretzels have become America's third most popular snack. Philly Pretzel Factory capitalizes on this growth market with a unique concept: a local commercial-grade bakery in an innovative retail setting that produces authentic, Philadelphia-style soft pretzels.

Company Details

Established: 1998 First Unit Franchised: 2004 Franchised Units: 176 Company Owned Units: 3 States Registered In: All except CA, HI, ND, SD, WA, MN Canada Franchises: No International Franchises: No

Support and Training Offered By Philly Pretzel Factory

Financial Assistance Provided: No Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: Yes Co-Operative Advertising: Yes Training: Pretzel University - 6 days. Plus much more pre & post opening training & support!

Franchises Similar to Philly Pretzel Factory

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.

Our Model is Simplicity

PROVEN GROWTH – Since our first franchise opened nearly 20 years ago, in-stores sales have continued to grow. In fact, 45% of franchise owners own multiple stores.

Build on Loyal Support

Opening a new business is a huge undertaking, but you don’t have to do it alone. Our team is here to provide the support and training you need to ensure your store starts off strong and continues to grow.

The Philly Pretzel Factory Experience

For a long time, soft pretzels have become a snack that is enjoyed by many. Whether it be at the mall, ball games, festivals, or even at home, everyone enjoys a fresh-baked soft pretzel. Philly Pretzel Factory isn’t limited to Philly locations.

Philly Pretzels and Opportunities

If you’ve never had a Philly Pretzel, you may not understand the awesomeness that this company brings to the community. However, you have the chance to become an owner of this franchise and be in all of your glory with as many pretzels as you desire. Which, could pose to be a problem if you eat all of your inventory.

Wrapping it Up

Philly Pretzel Factory is one of the many outstanding franchise opportunities on the market. It may be hard to narrow down your decision, but when given the information and details, it may now be easier to come to a conclusion. This specific franchise business has a lot of benefits to owning the business.

Company Overview

Dan DiZio began selling soft pretzels at the age of 11, on a street corner in his hometown of Philadelphia. After graduating from college, he teamed up with Len Lehman to open the first Philly Pretzel Factory in 1998, and they began franchising in 2004.

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Philly Pretzel Factory franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Franchise 500 Ranking History

Compare where Philly Pretzel Factory landed on this year’s Franchise 500 Ranking versus previous years.

How much does a Philly Pretzel Factory franchise make?

Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.

How many franchise locations do they have?

As of the 2019 Franchise Disclosure Document, there are 159 franchised Philly Pretzel Factory locations in the USA.

Are there any Philly Pretzel Factory franchise opportunities near me?

Based on 2019 FDD data, Philly Pretzel Factory has franchise locations in 16 states. The largest region is the Northeast with 134 franchise locations.

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 74 hours. This includes 30 hours of classroom training, 40 hours of on-the-job training, and 4 hours of online training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Do they offer Territory Rights?

Philly Pretzel Factory offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.