The Original Brooklyn Water Bagel Company vs Mr. Hero Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Original Brooklyn Water Bagel Company vs Mr. Hero including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  The Original Brooklyn Water Bagel Company Mr. Hero
Investment 300660 - 773300 113000 - 305000
Franchise Fee 0
Royalty Fee 6% 5.50%
Advertising Fee 2%
Year Founded 2008 1965
Year Franchised 2008 1970
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  The Original Brooklyn Water Bagel Company Mr. Hero
Experience Industry experience General business experience Marketing skills

Financing Options

  The Original Brooklyn Water Bagel Company Mr. Hero
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  The Original Brooklyn Water Bagel Company Mr. Hero
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

  The Original Brooklyn Water Bagel Company Mr. Hero
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
The Original Brooklyn Water Bagel Company
Mr. Hero
Franchise Fee
The Original Brooklyn Water Bagel Company
Mr. Hero
Royalty Fee
The Original Brooklyn Water Bagel Company 6%
Mr. Hero 5.50%
Advertising Fee
The Original Brooklyn Water Bagel Company 2%
Mr. Hero
Year Founded
The Original Brooklyn Water Bagel Company 2008
Mr. Hero 1965
Year Franchised
The Original Brooklyn Water Bagel Company 2008
Mr. Hero 1970
Term Of Agreement
The Original Brooklyn Water Bagel Company
Mr. Hero 10 years
Renewal Fee
The Original Brooklyn Water Bagel Company
Mr. Hero


Business Experience Requirements

Experience
The Original Brooklyn Water Bagel Company
Mr. Hero Industry experience General business experience Marketing skills

Financing Options

 
Franchise Fees
The Original Brooklyn Water Bagel Company
Mr. Hero
Start-up Costs
The Original Brooklyn Water Bagel Company
Mr. Hero
Equipment
The Original Brooklyn Water Bagel Company}
Mr. Hero
Inventory
The Original Brooklyn Water Bagel Company
Mr. Hero
Receivables
The Original Brooklyn Water Bagel Company
Mr. Hero
Payroll
The Original Brooklyn Water Bagel Company
Mr. Hero

Training & Support

Training
The Original Brooklyn Water Bagel Company
Mr. Hero
Support
The Original Brooklyn Water Bagel Company
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
The Original Brooklyn Water Bagel Company
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Operations
The Original Brooklyn Water Bagel Company
Mr. Hero International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

US Expansion
The Original Brooklyn Water Bagel Company
Mr. Hero
Canada Expansion
The Original Brooklyn Water Bagel Company
Mr. Hero
International Expansion
The Original Brooklyn Water Bagel Company
Mr. Hero