Pickerman's Soup & Sandwiches
Pickerman's Soup & Sandwiches 5714 Nordic Dr., # 400
Cedar Falls, IA 50613-6958
800#: (800) 273-2172 Tel: (319) 266-7141 Fax: (319) 277-1201
E-Mail: [email protected]
Web Site: www.pickermans.com
Contact: Mr. Mark Chiattello, Director Franchise Development
PICKERMAN'S is a low investment, high-return restaurant that sells distinctive soups, sandwiches and salads. Our service fee is on 4% without hidden fees. We help keep your investment low by providing you with an efficient food system requiring minimal space and capital. The total investment range is generally between $165,000-$185,000.
Franchisor Background
Established: 1998
First Franchise: 1998
Franchise Units: 39
Company-Owned Units: 0
Total Units: 39
Distribution:
U.S. -- 39;
Canada -- 0;
International -- 0
-North America -- Operations in 8 States
-States/Provinces with Greatest Density: 12 in IA, 12 in IL, 5 in MN
Projected New Units Over Next 12 months: 100
Franchisee Qualifications: 2, 2, 1, 2, 3, 3
(Click here for an explanation)
Registered in Following Registration States: IL,MN (Click here for an explanation)
Average Number of Employees: 2 FT, 10 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,300-2,000 SF; SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $42-46K
Total Investment: $165-185K
Average Total Investment: $175.0K
Minimum Net Worth: $NA
Fees:
-Franchise: $10K
-Average Franchise Fee: $10.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 24
On-Going Support: C,D,E,G (Click here for an explanation)
Training: 1 Week Corporate Office; 1 Week Another Store; 1 Week Franchisee's Store.
Franchisor's Specific Expansion Plans
U.S.: Midwest
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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