Start-Up Costs and Fees |
||
| Rita's | Bowl of Heaven | |
| Investment | 15100 - 435000 | 135500 - 328500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | 6% |
| Advertising Fee | 3% | 3% Local 2%Nat'l |
| Year Founded | 1984 | 2010 |
| Year Franchised | 1989 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rita's | Bowl of Heaven | |
| Experience | You don't necessarily need to have specific business ownership experience or a background in foodservice or nutrition to become a franchise owner with Bowl of Heaven. We look for people who are passionate, customer-service oriented and who have a desire to make a difference in their local communities. We prefer franchise owners who will be directly involved in the operations and growth of their Bowl of Heaven franchises, unless they have an operating partner with a minimum 5% equity in the business. In turn, we'll provide the support franchisees need to run their Bowl of Heaven franchise. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. | |
Financing Options |
||
| Rita's | Bowl of Heaven | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rita's | Bowl of Heaven | |
| Training | 5 days at Cool University and 4 days on site | |
| Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | |
| Marketing | Ad slicks, National media, Regional advertising | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | |
Expansion Plans |
||
| Rita's | Bowl of Heaven | |
| US Expansion | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rita's | |
| Bowl of Heaven | |
| Franchise Fee | |
| Rita's | |
| Bowl of Heaven | |
| Royalty Fee | |
| Rita's | 6.50% |
| Bowl of Heaven | 6% |
| Advertising Fee | |
| Rita's | 3% |
| Bowl of Heaven | 3% Local 2%Nat'l |
| Year Founded | |
| Rita's | 1984 |
| Bowl of Heaven | 2010 |
| Year Franchised | |
| Rita's | 1989 |
| Bowl of Heaven | 2012 |
| Term Of Agreement | |
| Rita's | 10 years |
| Bowl of Heaven | 5 years +5+5+5 |
| Renewal Fee | |
| Rita's | 50% of current franchise fee |
| Bowl of Heaven | |
Business Experience Requirements |
|
| Experience | |
| Rita's | |
| Bowl of Heaven | You don't necessarily need to have specific business ownership experience or a background in foodservice or nutrition to become a franchise owner with Bowl of Heaven. We look for people who are passionate, customer-service oriented and who have a desire to make a difference in their local communities. We prefer franchise owners who will be directly involved in the operations and growth of their Bowl of Heaven franchises, unless they have an operating partner with a minimum 5% equity in the business. In turn, we'll provide the support franchisees need to run their Bowl of Heaven franchise. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. |
Financing Options |
|
| Franchise Fees | |
| Rita's | No |
| Bowl of Heaven | No |
| Start-up Costs | |
| Rita's | |
| Bowl of Heaven | |
| Equipment | |
| Rita's} | |
| Bowl of Heaven | |
| Inventory | |
| Rita's | |
| Bowl of Heaven | |
| Receivables | |
| Rita's | |
| Bowl of Heaven | |
| Payroll | |
| Rita's | |
| Bowl of Heaven | |
Training & Support |
|
| Training | |
| Rita's | 5 days at Cool University and 4 days on site |
| Bowl of Heaven | |
| Support | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Bowl of Heaven | |
| Marketing | |
| Rita's | Ad slicks, National media, Regional advertising |
| Bowl of Heaven | |
| Operations | |
| Rita's | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time |
| Bowl of Heaven | |
Expansion Plans |
|
| US Expansion | |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Bowl of Heaven | |
| Canada Expansion | |
| Rita's | |
| Bowl of Heaven | |
| International Expansion | |
| Rita's | |
| Bowl of Heaven | |