Requirements Overview (US)
Important Information
Fees
Franchise Fee:
$25,000 - per unit
Development Fees:
Depending on the number of units
Franchise fees vary and are based on the size of the territory, projected number of Mr. Pretzels® stores to be developed and local franchising standards.
Royalties
6% of gross sales
Local Marketing
3.5% of Gross Sales (this is a recommended percentage to be used as a guideline)
Mr. Pretzels® currently offers franchise opportunities for individuals and companies that adopt the strategy of multi-unit territory development.
This business model enables our partners to build the brand in their territory as well as leverage marketing and purchasing capacity.
We require 100% of the first-year development to be funded through allotted capital and, at a minimum, 30% of the next four years (development schedule is 5 years) to be accessible dedicated capital.
Mr. Pretzels® Franchise Partner Profile
We seek qualified franchise partners interested in multi-unit development in exclusive territories within the US. Our goal is to select franchise partners who possess the right mix of expertise and enthusiasm, as well as the following characteristics:
- Solid business experience
- Multi-unit management
- Proven expertise in retail (food and beverage a plus)
- Previous franchise experience advantageous
- Net worth of US $500,000
- Liquid assets of US $200,000
