Start-Up Costs and Fees |
||
| Red Hot & Blue | I Dream of Falafel | |
| Investment | 380700 - 1000000 | 337811 - 470302 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 1988 | 2009 |
| Year Franchised | 1990 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Hot & Blue | I Dream of Falafel | |
| Experience | Industry 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. |
Financing Options |
||
| Red Hot & Blue | I Dream of Falafel | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Hot & Blue | I Dream of Falafel | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | 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. |
| 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 |
||
| Red Hot & Blue | I Dream of Falafel | |
| US Expansion | Illinois, Wisconsin | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Hot & Blue | |
| I Dream of Falafel | |
| Franchise Fee | |
| Red Hot & Blue | |
| I Dream of Falafel | |
| Royalty Fee | |
| Red Hot & Blue | 5% |
| I Dream of Falafel | 5% |
| Advertising Fee | |
| Red Hot & Blue | |
| I Dream of Falafel | 3% |
| Year Founded | |
| Red Hot & Blue | 1988 |
| I Dream of Falafel | 2009 |
| Year Franchised | |
| Red Hot & Blue | 1990 |
| I Dream of Falafel | 2011 |
| Term Of Agreement | |
| Red Hot & Blue | 20 years |
| I Dream of Falafel | 10 years +5+5 |
| Renewal Fee | |
| Red Hot & Blue | |
| I Dream of Falafel | |
Business Experience Requirements |
|
| Experience | |
| Red Hot & Blue | Industry 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. |
Financing Options |
|
| Franchise Fees | |
| Red Hot & Blue | No |
| I Dream of Falafel | No |
| Start-up Costs | |
| Red Hot & Blue | |
| I Dream of Falafel | |
| Equipment | |
| Red Hot & Blue} | |
| I Dream of Falafel | |
| Inventory | |
| Red Hot & Blue | |
| I Dream of Falafel | |
| Receivables | |
| Red Hot & Blue | |
| I Dream of Falafel | |
| Payroll | |
| Red Hot & Blue | |
| I Dream of Falafel | |
Training & Support |
|
| Training | |
| Red Hot & Blue | |
| 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. |
| Support | |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| 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. |
| Marketing | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| I Dream of Falafel | |
| Operations | |
| 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) |
| I Dream of Falafel | |
Expansion Plans |
|
| US Expansion | |
| Red Hot & Blue | |
| I Dream of Falafel | Illinois, Wisconsin |
| Canada Expansion | |
| Red Hot & Blue | |
| I Dream of Falafel | |
| International Expansion | |
| Red Hot & Blue | |
| I Dream of Falafel | |