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Pretzel Time

'Freshness With A Twist.' Retail pretzel stores, offering a healthy snack alternative that is freshly mixed, rolled and baked. Store options are available for traditional and non-traditional venues.

Franchisor Background

Year Established:

1991

Franchising Since:

1992

IFA Member

Operating Units:
Franchised Units:	192	100%
Company-Owned Units:	0	0%
	______	_____
Total Operating Units:	192	100%

Geographic Distribution:
U.S.:	188	97.9%	In 37 States
Canada:	0	0%	In 0 Canadian Provinces
International:	4	2.1%	In 2 Foreign Countries
	______	_____
Total:	192	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. New York	25
2. California	21
3. Texas	15

Registered in Following Registration States:

California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$250K LIQ
Cash Investment:	$75K
Total Investment:	$150K-180.5K
Average Total Investment:	$173K

Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	7%
Average Royalty:	7%
Advertising Fee:	2%

Average Number of Employees:

3 Full-time, 2 Part-time

Space Needs (in square footage):

400-800

Preferred Sites:

Regional Mall

Other Sites:

Encourage Conversions?

Yes

Earnings Claims Provided?

Yes

Listed in the SBA Registry?

Support and Training

International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	100
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
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:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. Atlanta, GA	6 Days

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	N/A
General Business Experience:	N/A
Specific Industry Experience:	N/A
Formal Education:	N/A
Psychological Profile:	N/A
Personal Interview(s):	N/A

Minority Representation

Units Owned by Minorities:
African-American:	0
Asian-American:	42
Hispanic:	0
Native American:	0
Other:	98
Specific Minority:	Financing Referrals, Lease Negotiations, Managerial Training, Mentoring

Terms of Contract

Term of Initial Contract:	7 Year(s)
Term of Renewal Period:	7 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

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

Franchisor Background

Year Established:

Franchising Since:

IFA Member

Operating Units:

Geographic Distribution:

North America: