Start-Up Costs and Fees |
||
| I Dream of Falafel | Red Hot & Blue | |
| Investment | 337811 - 470302 | 380700 - 1000000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 2009 | 1988 |
| Year Franchised | 2011 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| I Dream of Falafel | Red Hot & Blue | |
| Experience | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. | Industry experience |
Financing Options |
||
| I Dream of Falafel | Red Hot & Blue | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| I Dream of Falafel | Red Hot & Blue | |
| Training | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. | |
| Support | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | Ad slicks, National media, Regional advertising | |
| Operations | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| I Dream of Falafel | Red Hot & Blue | |
| US Expansion | Illinois, Wisconsin | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| I Dream of Falafel | |
| Red Hot & Blue | |
| Franchise Fee | |
| I Dream of Falafel | |
| Red Hot & Blue | |
| Royalty Fee | |
| I Dream of Falafel | 5% |
| Red Hot & Blue | 5% |
| Advertising Fee | |
| I Dream of Falafel | 3% |
| Red Hot & Blue | |
| Year Founded | |
| I Dream of Falafel | 2009 |
| Red Hot & Blue | 1988 |
| Year Franchised | |
| I Dream of Falafel | 2011 |
| Red Hot & Blue | 1990 |
| Term Of Agreement | |
| I Dream of Falafel | 10 years +5+5 |
| Red Hot & Blue | 20 years |
| Renewal Fee | |
| I Dream of Falafel | |
| Red Hot & Blue | |
Business Experience Requirements |
|
| Experience | |
| I Dream of Falafel | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
| Red Hot & Blue | Industry experience |
Financing Options |
|
| Franchise Fees | |
| I Dream of Falafel | |
| Red Hot & Blue | |
| Start-up Costs | |
| I Dream of Falafel | |
| Red Hot & Blue | |
| Equipment | |
| I Dream of Falafel} | |
| Red Hot & Blue | |
| Inventory | |
| I Dream of Falafel | |
| Red Hot & Blue | |
| Receivables | |
| I Dream of Falafel | |
| Red Hot & Blue | |
| Payroll | |
| I Dream of Falafel | |
| Red Hot & Blue | |
Training & Support |
|
| Training | |
| I Dream of Falafel | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
| Red Hot & Blue | |
| Support | |
| I Dream of Falafel | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | |
| I Dream of Falafel | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Operations | |
| I Dream of Falafel | |
| Red Hot & Blue | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| I Dream of Falafel | Illinois, Wisconsin |
| Red Hot & Blue | |
| Canada Expansion | |
| I Dream of Falafel | |
| Red Hot & Blue | |
| International Expansion | |
| I Dream of Falafel | |
| Red Hot & Blue | |