Start-Up Costs and Fees |
||
| Wendy's Milk Bar | Planet Smoothie | |
| Investment | 100000 - 210000 | 190150 - 358500 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 2% | |
| Year Founded | 1979 | 1995 |
| Year Franchised | 0 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wendy's Milk Bar | Planet Smoothie | |
| Experience | Wendys franchisees take a hands-on approach to their business yet they understand the importance of following procedure and working within the Wendys system. Our franchisees are friendly, outgoing and determined to succeed. They love making other people happy and they are always positive and enthusiastic. Our franchisees understand the importance of customer service and building strong community relations. They are strong team leaders and they relate well to their staff. In fact, we often talk about our franchisees as having pink blood they live and breathe the Wendys brand; the outcome of which is almost always reflected in their success. If this sounds like you, then you're already well on your way to meeting the needs of becoming a Wendys franchisee. | A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000. |
Financing Options |
||
| Wendy's Milk Bar | Planet Smoothie | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Wendy's Milk Bar | Planet Smoothie | |
| Training | When you join the Wendys franchise, your first step will be to take part in our franchisee training program where you'll learn about the Wendys philosophy and business approach as well as how to operate your store. The training program includes: *Three weeks of in-store training with an accredited trainer (before your store opens its doors) *One week at our National Support Office where you'll learn about the retail and management skills which underpin Wendys success We also provide ongoing assistance with staff recruitment programs and staff training, including customer service training and other management service programs. | Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant. |
| Support | Wendys Private Website is a key resource for our franchise family. It contains a wealth of information and tools designed to make your life easier. In addition to our confidential Product, Operational and Local Area Marketing manuals, the site contains valuable business tools such as Wendys business planning and promotional plans. It also incorporates important news, promotional briefs and links to order merchandise, posters and vouchers online. As a franchisee, you'll be given your own Wendys email address, enabling you to contact head office and to keep in touch with other franchisees. | |
| Marketing | As a national network, we have developed a strong brand position in an increasingly cluttered and competitive environment. Keeping Wendys at the forefront of customer minds is an essential part of our success. To do this, we work with leading advertising and communications agencies to implement compelling advertising and marketing campaigns all designed to achieve excellent cut-through within our key target demographics. | |
| Operations | ||
Expansion Plans |
||
| Wendy's Milk Bar | Planet Smoothie | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion | Australia, New Zealand |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
| Franchise Fee | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
| Royalty Fee | |
| Wendy's Milk Bar | |
| Planet Smoothie | 5% |
| Advertising Fee | |
| Wendy's Milk Bar | |
| Planet Smoothie | 2% |
| Year Founded | |
| Wendy's Milk Bar | 1979 |
| Planet Smoothie | 1995 |
| Year Franchised | |
| Wendy's Milk Bar | 0 |
| Planet Smoothie | 1995 |
| Term Of Agreement | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
| Renewal Fee | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
Business Experience Requirements |
|
| Experience | |
| Wendy's Milk Bar | Wendys franchisees take a hands-on approach to their business yet they understand the importance of following procedure and working within the Wendys system. Our franchisees are friendly, outgoing and determined to succeed. They love making other people happy and they are always positive and enthusiastic. Our franchisees understand the importance of customer service and building strong community relations. They are strong team leaders and they relate well to their staff. In fact, we often talk about our franchisees as having pink blood they live and breathe the Wendys brand; the outcome of which is almost always reflected in their success. If this sounds like you, then you're already well on your way to meeting the needs of becoming a Wendys franchisee. |
| Planet Smoothie | A Planet Smoothie franchisee should have an outgoing personality and a desire to provide customers a healthier option. You should also enjoy going out into the community to meet new people and let them know about your store. Building partnerships in the community is key to growing revenue for your store. We provide a detailed game plan to help you build awareness, and executing the game plan can be half the fun of owning a store: You get to be the person who makes the community a little bit better and a little bit healthier, and communities love that! To open a store, you need at least $100,000 in liquid capital and a net worth of $400,000. |
Financing Options |
|
| Franchise Fees | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
| Start-up Costs | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
| Equipment | |
| Wendy's Milk Bar} | |
| Planet Smoothie | |
| Inventory | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
| Receivables | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
| Payroll | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
Training & Support |
|
| Training | |
| Wendy's Milk Bar | When you join the Wendys franchise, your first step will be to take part in our franchisee training program where you'll learn about the Wendys philosophy and business approach as well as how to operate your store. The training program includes: *Three weeks of in-store training with an accredited trainer (before your store opens its doors) *One week at our National Support Office where you'll learn about the retail and management skills which underpin Wendys success We also provide ongoing assistance with staff recruitment programs and staff training, including customer service training and other management service programs. |
| Planet Smoothie | Hands-on experience in operating a Planet Smoothie restaurant in Atlanta, Georgia. This covers all facets of operating the Planet Smoothie business. A Planet Smoothie representative will then assist you at the opening of your first restaurant. |
| Support | |
| Wendy's Milk Bar | Wendys Private Website is a key resource for our franchise family. It contains a wealth of information and tools designed to make your life easier. In addition to our confidential Product, Operational and Local Area Marketing manuals, the site contains valuable business tools such as Wendys business planning and promotional plans. It also incorporates important news, promotional briefs and links to order merchandise, posters and vouchers online. As a franchisee, you'll be given your own Wendys email address, enabling you to contact head office and to keep in touch with other franchisees. |
| Planet Smoothie | |
| Marketing | |
| Wendy's Milk Bar | As a national network, we have developed a strong brand position in an increasingly cluttered and competitive environment. Keeping Wendys at the forefront of customer minds is an essential part of our success. To do this, we work with leading advertising and communications agencies to implement compelling advertising and marketing campaigns all designed to achieve excellent cut-through within our key target demographics. |
| Planet Smoothie | |
| Operations | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
Expansion Plans |
|
| US Expansion | |
| Wendy's Milk Bar | |
| Planet Smoothie | |
| Canada Expansion | |
| Wendy's Milk Bar | |
| Planet Smoothie | 0 |
| International Expansion | |
| Wendy's Milk Bar | Australia, New Zealand |
| Planet Smoothie | |