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12 Sep, 2017

PHILLY PRETZEL FRANCHISE

 

Philly Pretzel franchise produces and sells drinks, pretzels and snacks. It also offers pretzel bakery. Currently, many people buy and consume pretzels in large quantity. The company has opened many stores serving the same items. Most of the stores are operated by its franchisees. The number of employees to run a store depends on its size. The franchisee can operate a single or multi-franchises.

Many people love soft pretzels. This has enabled the company to build strong market base. Unlike other franchising businesses, its franchisees are granted rights to train other upcoming franchisees in their locality. The franchisees are allowed to develop other local areas. They protect new territories and offer assistance in designing and constructing stores for the local franchisees. They also offer grand opening and ongoing support to the local franchisees. The local area developer franchisee has a right to fully own and operate a store. He or she must have enough resources and money to maintain his or her duties.

Philly Pretzel franchise is affordable and rewarding. You become your own boss and enjoy financial freedom. To purchase a franchise, investment of $187,400-$346,000 is required. The franchising fee is $25,000. Royalty of 6% of gross profits is paid on monthly basis. You should have liquid and net cash of $75,000 and $200,000 respectively to buy a franchise. The franchisor refers the franchisees to leasing institutions where they can lend money for initial investments. The previous experience in Philly Pretzel franchise is not required. The term expires after 10 years but it can be renewed.

Philly Pretzel franchise offers support to its franchisee. The franchisor ensures the franchisees’ businesses are successful. The support given includes the following:

·         Training-The franchisee undergoes comprehensive administrative and managerial training conducted at the company’s headquarters. The training lasts for a period 1 week. He or she is also trained at the store for 1 week.

·         Site selection-The franchisor assists the franchisee in identifying potential site for business establishment.

·         Design and construction-the company has qualified specialists who decorate, design and construct the store. The specialists conduct the territory inspection.

·         Marketing support-Series of advertisements and promotions are conducted to sell the business’ brand. Marketing materials and kits are provided to the franchisees. Franchisees are informed of new marketing outlets, services and strategies.

Ongoing support-The franchisees are provided with newsletters that contain information about new products and services offered. His or her staff members are educated and trained during field evaluations. Franchisees and their staff members attend conferences held annually that help them to expand their knowledge in the business.

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