Start-Up Costs and Fees |
||
| Petro's Chili & Chips | Wild Noodles | |
| Investment | 75000 - 324950 | 273500 - 350000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 4% local+1% Nat'l | |
| Year Founded | 0 | 2001 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Petro's Chili & Chips | Wild Noodles | |
| Experience | While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business. | Past management experience |
Financing Options |
||
| Petro's Chili & Chips | Wild Noodles | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Petro's Chili & Chips | Wild Noodles | |
| Training | Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening. | |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Petro's Chili & Chips | Wild Noodles | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Petro's Chili & Chips | |
| Wild Noodles | |
| Franchise Fee | |
| Petro's Chili & Chips | |
| Wild Noodles | |
| Royalty Fee | |
| Petro's Chili & Chips | 5% |
| Wild Noodles | 5% |
| Advertising Fee | |
| Petro's Chili & Chips | 4% local+1% Nat'l |
| Wild Noodles | |
| Year Founded | |
| Petro's Chili & Chips | 0 |
| Wild Noodles | 2001 |
| Year Franchised | |
| Petro's Chili & Chips | 0 |
| Wild Noodles | 2003 |
| Term Of Agreement | |
| Petro's Chili & Chips | |
| Wild Noodles | 20 years |
| Renewal Fee | |
| Petro's Chili & Chips | |
| Wild Noodles | 1/2 of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Petro's Chili & Chips | While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business. |
| Wild Noodles | Past management experience |
Financing Options |
|
| Franchise Fees | |
| Petro's Chili & Chips | |
| Wild Noodles | |
| Start-up Costs | |
| Petro's Chili & Chips | |
| Wild Noodles | |
| Equipment | |
| Petro's Chili & Chips} | |
| Wild Noodles | |
| Inventory | |
| Petro's Chili & Chips | |
| Wild Noodles | |
| Receivables | |
| Petro's Chili & Chips | |
| Wild Noodles | |
| Payroll | |
| Petro's Chili & Chips | |
| Wild Noodles | |
Training & Support |
|
| Training | |
| Petro's Chili & Chips | Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening. |
| Wild Noodles | |
| Support | |
| Petro's Chili & Chips | |
| Wild Noodles | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Petro's Chili & Chips | |
| Wild Noodles | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Petro's Chili & Chips | |
| Wild Noodles | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Petro's Chili & Chips | |
| Wild Noodles | |
| Canada Expansion | |
| Petro's Chili & Chips | |
| Wild Noodles | 0 |
| International Expansion | |
| Petro's Chili & Chips | |
| Wild Noodles | |