Start-Up Costs and Fees |
||
| Tedeschi Food Shops | RaceTrac | |
| Investment | 45000 - 137000 | 1000000 - 1400000 |
| Franchise Fee | ||
| Royalty Fee | 3.50% | |
| Advertising Fee | 1.50% | |
| Year Founded | 1962 | 1934 |
| Year Franchised | 1972 | 1934 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tedeschi Food Shops | RaceTrac | |
| Experience | * Customer centric, outgoing and committed to providing the best customer service experience * Participates in the day-to-day operation of the store * Cultivates an understanding and a drive for local community Involvement * Has prior food service management or retail experience * Demonstrates the ability to build a high performing team and organization * Able to manage multiple task simultaneously and adapt to market and company change * Prove permanent residency in the United States * Has excellent credit * Must be able to provide exceptional customer service * Understands & respects the relationship between franchisee & franchisor | The company is seeking qualified candidates to bring their talents to its growing brand. RaceTrac franchisees should have strategic agility, business acumen, integrity and the ability to build an effective team. Ideal candidates will possess a desire to join a hands-on business opportunity where franchisees are actively involved in the day-to-day operations. Finally, potential franchisees should have a net worth of at least $700,000 and liquidity of at least $350,000. Candidates who meet these preliminary qualifications will be required to make an initial investment ranging from approximately $1 million to $1.4 million. Figures vary depending on the size of the store, store location, and equipment costs. |
Financing Options |
||
| Tedeschi Food Shops | RaceTrac | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Tedeschi Food Shops | RaceTrac | |
| Training | As a franchisee, RaceTrac will provide you with all of the tools necessary to run a RaceTrac store, including a comprehensive training program and our proven experience in marketing, operations and merchandising. RaceTrac s training team will provide new franchisees an extensive training program that consists of classroom and in-store instruction. Our comprehensive training will teach you how to deliver great service to guests who come to your modern, convenient store for quality food offers and wide product selection. | |
| Support | The RaceTrac operations team will begin supporting you immediately. The local regional team will support the franchisee with their intimate knowledge of Central Florida and business operations. This regional support includes a direct relationship with one of our dedicated Operations Supervisors. RaceTrac will also provide the franchisee with store opening support to assist with re-opening activities and make sure they get off to a great start as a RaceTrac franchisee. | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Tedeschi Food Shops | RaceTrac | |
| US Expansion | Alabama, Florida, Georgia, Texas | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tedeschi Food Shops | |
| RaceTrac | |
| Franchise Fee | |
| Tedeschi Food Shops | |
| RaceTrac | |
| Royalty Fee | |
| Tedeschi Food Shops | |
| RaceTrac | 3.50% |
| Advertising Fee | |
| Tedeschi Food Shops | |
| RaceTrac | 1.50% |
| Year Founded | |
| Tedeschi Food Shops | 1962 |
| RaceTrac | 1934 |
| Year Franchised | |
| Tedeschi Food Shops | 1972 |
| RaceTrac | 1934 |
| Term Of Agreement | |
| Tedeschi Food Shops | |
| RaceTrac | 10 years |
| Renewal Fee | |
| Tedeschi Food Shops | |
| RaceTrac | |
Business Experience Requirements |
|
| Experience | |
| Tedeschi Food Shops | * Customer centric, outgoing and committed to providing the best customer service experience * Participates in the day-to-day operation of the store * Cultivates an understanding and a drive for local community Involvement * Has prior food service management or retail experience * Demonstrates the ability to build a high performing team and organization * Able to manage multiple task simultaneously and adapt to market and company change * Prove permanent residency in the United States * Has excellent credit * Must be able to provide exceptional customer service * Understands & respects the relationship between franchisee & franchisor |
| RaceTrac | The company is seeking qualified candidates to bring their talents to its growing brand. RaceTrac franchisees should have strategic agility, business acumen, integrity and the ability to build an effective team. Ideal candidates will possess a desire to join a hands-on business opportunity where franchisees are actively involved in the day-to-day operations. Finally, potential franchisees should have a net worth of at least $700,000 and liquidity of at least $350,000. Candidates who meet these preliminary qualifications will be required to make an initial investment ranging from approximately $1 million to $1.4 million. Figures vary depending on the size of the store, store location, and equipment costs. |
Financing Options |
|
| Franchise Fees | |
| Tedeschi Food Shops | |
| RaceTrac | |
| Start-up Costs | |
| Tedeschi Food Shops | |
| RaceTrac | |
| Equipment | |
| Tedeschi Food Shops} | |
| RaceTrac | |
| Inventory | |
| Tedeschi Food Shops | |
| RaceTrac | |
| Receivables | |
| Tedeschi Food Shops | |
| RaceTrac | |
| Payroll | |
| Tedeschi Food Shops | |
| RaceTrac | |
Training & Support |
|
| Training | |
| Tedeschi Food Shops | |
| RaceTrac | As a franchisee, RaceTrac will provide you with all of the tools necessary to run a RaceTrac store, including a comprehensive training program and our proven experience in marketing, operations and merchandising. RaceTrac s training team will provide new franchisees an extensive training program that consists of classroom and in-store instruction. Our comprehensive training will teach you how to deliver great service to guests who come to your modern, convenient store for quality food offers and wide product selection. |
| Support | |
| Tedeschi Food Shops | |
| RaceTrac | The RaceTrac operations team will begin supporting you immediately. The local regional team will support the franchisee with their intimate knowledge of Central Florida and business operations. This regional support includes a direct relationship with one of our dedicated Operations Supervisors. RaceTrac will also provide the franchisee with store opening support to assist with re-opening activities and make sure they get off to a great start as a RaceTrac franchisee. |
| Marketing | |
| Tedeschi Food Shops | |
| RaceTrac | |
| Operations | |
| Tedeschi Food Shops | |
| RaceTrac | |
Expansion Plans |
|
| US Expansion | |
| Tedeschi Food Shops | |
| RaceTrac | Alabama, Florida, Georgia, Texas |
| Canada Expansion | |
| Tedeschi Food Shops | 0 |
| RaceTrac | |
| International Expansion | |
| Tedeschi Food Shops | |
| RaceTrac | |