Philly Pretzel Factory

Philly Pretzel Factory

Not Ranked

Initial Investment

LOW: $119,379
HIGH: $379,331

Change in Units

+17.1% +28 UNITS (1 Year)
+25.6% +42 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1998

Franchising Since

2004 (12 Years)

Corporate Address

7368 Frankford Ave. Philadelphia, PA 19136

CEO

Dan DiZio

About Philly Pretzel Factory

Dan DiZio began selling soft pretzels at the age of 11, on a street corner in his hometown of Philadelphia. After graduating from college, he teamed up with Len Lehman to open the first Philly Pretzel Factory in 1998, and they began franchising in 2004. In addition to hot soft pretzels, Philly Pretzel Factory stores offer pretzel dogs and sausages, cheesesteak-stuffed pretzels, dipping sauces and frozen lemonade.

Financials

Financial Requirements

Initial Investment

$119,379 - $379,331

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$25,000 - $35,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

1%

Financing Options

Philly Pretzel Factory has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


$1,776 off franchise fee

Franchise 500® Rank History

Highest Rank: 282

Lowest Rank: 480

  • 2009 - 480
* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 2 - 6

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: January 29th, 2016

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