Mr. Hero vs P.B. Loco Franchise Comparison

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

Start-Up Costs and Fees

  Mr. Hero P.B. Loco
Investment 113000 - 305000 200000 - 390000
Franchise Fee 0
Royalty Fee 5.50%
Advertising Fee
Year Founded 1965 2004
Year Franchised 1970 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Mr. Hero P.B. Loco
Experience Industry experience General business experience Marketing skills

Financing Options

  Mr. Hero P.B. Loco
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Mr. Hero P.B. Loco
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 P.B. Loco
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Mr. Hero
P.B. Loco
Franchise Fee
Mr. Hero
P.B. Loco
Royalty Fee
Mr. Hero 5.50%
P.B. Loco
Advertising Fee
Mr. Hero
P.B. Loco
Year Founded
Mr. Hero 1965
P.B. Loco 2004
Year Franchised
Mr. Hero 1970
P.B. Loco 2005
Term Of Agreement
Mr. Hero 10 years
P.B. Loco
Renewal Fee
Mr. Hero
P.B. Loco


Business Experience Requirements

Experience
Mr. Hero Industry experience General business experience Marketing skills
P.B. Loco

Financing Options

 
Franchise Fees
Mr. Hero No
P.B. Loco No
Start-up Costs
Mr. Hero
P.B. Loco
Equipment
Mr. Hero}
P.B. Loco
Inventory
Mr. Hero
P.B. Loco
Receivables
Mr. Hero
P.B. Loco
Payroll
Mr. Hero
P.B. Loco

Training & Support

Training
Mr. Hero
P.B. Loco
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
P.B. Loco
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
P.B. Loco
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)
P.B. Loco

Expansion Plans

US Expansion
Mr. Hero
P.B. Loco
Canada Expansion
Mr. Hero
P.B. Loco 0
International Expansion
Mr. Hero
P.B. Loco