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Pretzels Plus
 

PRETZELS PLUS stores sell soft, hand-rolled pretzels, soups and hearty sandwiches made on our famous pretzel dough rolls. Our mall-based stores provide ample seating for about twenty people in the cafe-styled environment. With our sandwich menu along with our pretzels, we're definitely a twist above the competition.

Franchisor Background

Year Established:

  1990

Franchising Since:

  1991

Operating Units:

Franchised Units:28 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:28 100%  
 

Geographic Distribution:

U.S.:28 100% In 9 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:28 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. North Carolina3
2. Pennsylvania13
3. Virginia5

Registered in Following Registration States:

   Maryland, Virginia

Financial Requirements

Investment:

Minimum Net Worth:$NA
Cash Investment:$70-90K
Total Investment:$70-90K
Average Total Investment:$80K
 

Fees:

Initial Franchise Fee:$12K
Average Franchise Fee:$12K
On-Going Royalty:4%
Average Royalty:4%
Advertising Fee:0%

Average Number of Employees:

   5 Full-time, 4 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

   Regional Mall

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:3
Site Selection Assistance?Yes
Lease Negotiation Assistance?No
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Included in Fees
Field Operation Evaluation:Not Applicable
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 

Training:

 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:2
Specific Industry Experience:1
Formal Education:1
Psychological Profile:2
Personal Interview(s):2

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   24
U.S.:Yes, Eastern United States
Canada:Yes, All Canada
Overseas:No
 
 
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