Start-Up Costs and Fees |
||
| Rita's | Surf City Squeeze | |
| Investment | 15100 - 435000 | 64600 - 311750 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | 6% |
| Advertising Fee | 3% | 1% |
| Year Founded | 1984 | 1989 |
| Year Franchised | 1989 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rita's | Surf City Squeeze | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Rita's | Surf City Squeeze | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Rita's | Surf City Squeeze | |
| Training | 5 days at Cool University and 4 days on site | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
| Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, 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 | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Rita's | Surf City Squeeze | |
| US Expansion | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rita's | |
| Surf City Squeeze | |
| Franchise Fee | |
| Rita's | |
| Surf City Squeeze | |
| Royalty Fee | |
| Rita's | 6.50% |
| Surf City Squeeze | 6% |
| Advertising Fee | |
| Rita's | 3% |
| Surf City Squeeze | 1% |
| Year Founded | |
| Rita's | 1984 |
| Surf City Squeeze | 1989 |
| Year Franchised | |
| Rita's | 1989 |
| Surf City Squeeze | 1995 |
| Term Of Agreement | |
| Rita's | 10 years |
| Surf City Squeeze | 10 years |
| Renewal Fee | |
| Rita's | 50% of current franchise fee |
| Surf City Squeeze | 75% of then-current fee |
Business Experience Requirements |
|
| Experience | |
| Rita's | |
| Surf City Squeeze | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Rita's | No |
| Surf City Squeeze | No |
| Start-up Costs | |
| Rita's | |
| Surf City Squeeze | |
| Equipment | |
| Rita's} | |
| Surf City Squeeze | |
| Inventory | |
| Rita's | |
| Surf City Squeeze | |
| Receivables | |
| Rita's | |
| Surf City Squeeze | |
| Payroll | |
| Rita's | |
| Surf City Squeeze | |
Training & Support |
|
| Training | |
| Rita's | 5 days at Cool University and 4 days on site |
| Surf City Squeeze | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
| Support | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Surf City Squeeze | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Rita's | Ad slicks, National media, Regional advertising |
| Surf City Squeeze | Co-op advertising, Ad slicks, Regional advertising |
| 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 |
| Surf City Squeeze | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
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 |
| Surf City Squeeze | |
| Canada Expansion | |
| Rita's | |
| Surf City Squeeze | 0 |
| International Expansion | |
| Rita's | |
| Surf City Squeeze | |