Philly Pretzel Factory
Soft pretzels- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$134K - $351K
- Units as of 2019
-
162 7% over 3 years
Company Overview
About Philly Pretzel Factory
Industry | Food |
---|---|
Related Categories | Pretzels,Baked Goods |
Founded | 1998 |
Parent Company | Soft Pretzel Franchise Systems Inc. |
Leadership | Dan Dizio, CEO |
Corporate Address | 1525 Ford Rd. Bensalem, PA 19020 |
Social | Facebook,Twitter,Instagram |
Business Overview
Franchising Since | 2004(19 years) |
---|---|
# of employees at HQ | 31 |
Where seeking | This company is offering new franchisees in the following US states: |
# of Units | 162(as of 2019) |
|
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.
Initial Franchise Fee |
$35,000 |
---|---|
Initial Investment |
$133,999 - $351,193 |
Net Worth Requirement |
$150,000 - $300,000 |
Cash Requirement |
$40,000 - $100,000 |
Veteran Incentives |
$1,776 off franchise fee |
Royalty Fee |
6% |
Ad Royalty Fee |
2% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Philly Pretzel Factory has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 40 hours |
---|---|
Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
#运行所需的员工 | 8-8 |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Philly Pretzel Factory? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Philly Pretzel Factory landed on this year's Franchise 500 Ranking versus previous years.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Philly Pretzel Factory.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
McDonald's Is Launching a Spinoff Restaurant Chain Based on a Beloved, Blast-From-the-Past Mascot
The company saw a lot of success with another former mascot, Grimace, in June.
Subway Will Give You Free Sandwiches Forever — If You Make a Legally Binding, Lifetime Commitment First
It will take a true superfan to win this competition.
The Simplicity Advantage in Building a Thriving Franchise Business
A business certainly does not need to be simple to be franchised—but it helps.
When's the Best Time to Use AI in Your Franchise? The Choice Is Clear.
It's no longer a question of if or when to implement artificial intelligence in training, recruiting and marketing programs, but rather what it has already cost you if you haven't.
Exploring Expansion Strategies for Franchise Success, From Goals to Growth
When you make a decision to franchise, what you're really doing is deciding how you want to grow.
When I Told People How Big This Franchise Could Grow, They Laughed. Now the Joke's on Them.
Why building a successful enterprise in this sector starts with embracing a growth-focused mindset.