Mr. Hero vs Central Park Of America Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Hero vs Central Park Of America including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Mr. Hero Central Park Of America
Investment 113000 - 305000 287000 - 418000
Franchise Fee 0 0
Royalty Fee 5.50%
Advertising Fee
Year Founded 1965 0
Year Franchised 1970 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Mr. Hero Central Park Of America
Experience Industry experience General business experience Marketing skills

Financing Options

  Mr. Hero Central Park Of America
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Mr. Hero Central Park Of America
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

  Mr. Hero Central Park Of America
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Mr. Hero
Central Park Of America
Franchise Fee
Mr. Hero
Central Park Of America
Royalty Fee
Mr. Hero 5.50%
Central Park Of America
Advertising Fee
Mr. Hero
Central Park Of America
Year Founded
Mr. Hero 1965
Central Park Of America 0
Year Franchised
Mr. Hero 1970
Central Park Of America 0
Term Of Agreement
Mr. Hero 10 years
Central Park Of America
Renewal Fee
Mr. Hero
Central Park Of America


Business Experience Requirements

Experience
Mr. Hero Industry experience General business experience Marketing skills
Central Park Of America

Financing Options

 
Franchise Fees
Mr. Hero No
Central Park Of America No
Start-up Costs
Mr. Hero
Central Park Of America
Equipment
Mr. Hero}
Central Park Of America
Inventory
Mr. Hero
Central Park Of America
Receivables
Mr. Hero
Central Park Of America
Payroll
Mr. Hero
Central Park Of America

Training & Support

Training
Mr. Hero
Central Park Of America
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Central Park Of America
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Central Park Of America
Operations
Mr. Hero International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)
Central Park Of America

Expansion Plans

US Expansion
Mr. Hero
Central Park Of America
Canada Expansion
Mr. Hero
Central Park Of America
International Expansion
Mr. Hero
Central Park Of America