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Pretzel Time
2855 E. Cottonwood Pkwy., # 400
Salt Lake City, UT 84121-7037
800#: (800) 343-5377
Tel: (801) 736-5600
Fax: (801) 736-5936
E-Mail: [email protected]
Web Site: www.mrsfieldsfranchise.com
Contact: Ms. Dara Dejbakhsh, EVP Operations/Development
'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
Established: 1991
First Franchise: 1992
Franchise Units: 178
Company-Owned Units: 54
Total Units: 232
Distribution:
U.S. -- 228;
Canada -- 0;
International -- 4
-North America -- Operations in 37 States, 2 Provinces
-States/Provinces with Greatest Density: 25 in NY, 21 in CA, 15 in TX
Projected New Units Over Next 12 months: 21
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 3 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 400-800 SF; RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $175-250K
Total Investment: $107-238.5K
Average Total Investment: $172.8K
Minimum Net Worth: $150K/75K LIQ
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 7%
-Average Royalty: 7.0%
-Advertising: 1%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 7/7
Passive Ownership: Discouraged
Area Development Agreements: Yes/3
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 100+
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 6 Days Salt Lake City, UT.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: NR
Note: NR = No Response by Franchisor.
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