Full Answer
How much does a Philly Pretzel Factory franchise make?
Top 1/3 of the locations average $678K per year in sales and 27% of the franchise owners own multiple locations.
How much does a pretzel franchise cost?
Facts & FiguresLiquid capital required$50,000Net worth required$300,000Investment$153,100 - $523,850Franchise fee$35,000Royalty7.0%3 more rows
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.
How much does a Philadelphia pretzel cost?
PretzelsPretzelsPrice10 Pretzels$8.0050 Pretzels$35.00Family Pack$19.99Rivet Sm Box$7.007 more rows
What franchise is the most profitable?
Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.
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 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 does an Auntie Anne's franchise cost?
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
How many Philadelphia pretzel factories are there?
Philly Pretzel Factory With over 170 locations in over a dozen states — and some 30 locations in the Greater Philadelphia area alone — these pretzels are everything you imagine when you think about soft pretzels.
How long do soft pretzels last?
How long do soft pretzels last? Soft Pretzels are best eaten the same day and even better when still slightly warm. If you do have leftovers, then you can store them in an airtight container at room temperature for up to 5 days.
How do you keep Philly pretzels fresh?
To store fresh pretzels, wrap them in plastic wrap followed by aluminum foil. This helps the pretzel retain its moisture. For short-term storage (a day) keep them in the cupboard. For any longer than a day, freeze them.
How much is a Wetzel pretzel franchise?
INVESTMENT BREAKDOWNEXPENDITURELOWHIGHInitial Franchise Fee*$10,000$40,000Equipment$42,000$76,000Initial Inventory/Smallwares$5,500$10,000Architectural/Construction Project Mgmt.$5,500$18,0005 more rows
How much does an Auntie Anne's franchise cost?
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
How much is a Wetzel Pretzel franchise?
INVESTMENT BREAKDOWNEXPENDITURELOWHIGHInitial Franchise Fee*$10,000$40,000Equipment$42,000$76,000Initial Inventory/Smallwares$5,500$10,000Architectural/Construction Project Mgmt.$5,500$18,0005 more rows
Is Auntie Anne's a franchise?
Auntie Anne's is a franchise of pretzel shops founded in 1988 by Anne Beiler (Auntie Anne) in Pennsylvania. Auntie Anne's is owned by FOCUS brands, headquartered in Atlanta, Georgia and sells hand-rolled soft pretzels, dipping sauces, drinks, and other snacks.
How many pretzelmaker franchises are there?
PretzelmakerTypeSubsidiaryNumber of locations280 (2019)Area servedCanada Guam Mexico Philippines Saudi Arabia Qatar United StatesProductsSoft pretzels, smoothies, soft drinksParentFAT Brands6 more rows
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.
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.
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.
Who is the founder of Philly Pretzel Factory?
Dan DiZio the founder of Philly Pretzel Factory began selling soft pretzels at the age of 11, on a street corner in his hometown of Philadelphia. Philly Pretzel Factory offers hot soft pretzels, pretzel dogs and sausages, cheesesteak-stuffed pretzels, dipping sauces and frozen lemonade. The first Philly Pretzel Factory opened its doors in Mayfair, Philadelphia, PA in 1998.
How long does a franchise last?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years. If requirements are met, franchisees can renew for one additional term of 10 years.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long does a franchise last?
Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is 2% advertising fee?
2%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.