Start-Up Costs and Fees |
||
| UFood | Mr. Hero | |
| Investment | 415500 - 598500 | 113000 - 305000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5.50% |
| Advertising Fee | 2% | |
| Year Founded | 0 | 1965 |
| Year Franchised | 2014 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| UFood | Mr. Hero | |
| Experience | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 | Industry experience General business experience Marketing skills |
Financing Options |
||
| UFood | Mr. Hero | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| UFood | Mr. Hero | |
| Training | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. | |
| Support | Ongoing support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. | 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 |
||
| UFood | Mr. Hero | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| UFood | |
| Mr. Hero | |
| Franchise Fee | |
| UFood | |
| Mr. Hero | |
| Royalty Fee | |
| UFood | 5% |
| Mr. Hero | 5.50% |
| Advertising Fee | |
| UFood | 2% |
| Mr. Hero | |
| Year Founded | |
| UFood | 0 |
| Mr. Hero | 1965 |
| Year Franchised | |
| UFood | 2014 |
| Mr. Hero | 1970 |
| Term Of Agreement | |
| UFood | |
| Mr. Hero | 10 years |
| Renewal Fee | |
| UFood | |
| Mr. Hero | |
Business Experience Requirements |
|
| Experience | |
| UFood | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 |
| Mr. Hero | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| UFood | |
| Mr. Hero | |
| Start-up Costs | |
| UFood | |
| Mr. Hero | |
| Equipment | |
| UFood} | |
| Mr. Hero | |
| Inventory | |
| UFood | |
| Mr. Hero | |
| Receivables | |
| UFood | |
| Mr. Hero | |
| Payroll | |
| UFood | |
| Mr. Hero | |
Training & Support |
|
| Training | |
| UFood | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Mr. Hero | |
| Support | |
| UFood | Ongoing support |
| Mr. Hero | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| UFood | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. |
| Mr. Hero | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| UFood | |
| 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 | |
| UFood | |
| Mr. Hero | |
| Canada Expansion | |
| UFood | |
| Mr. Hero | |
| International Expansion | |
| UFood | |
| Mr. Hero | |