Philly Pretzel Factory

Philly Pretzel Factory

Soft pretzels
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$134K - $351K
Units as of 2019
162 7.4% over 3 years

Company Overview

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.

About Philly Pretzel Factory

Industry
Food
Related Categories
Pretzels, Baked Goods
Founded
1998
Parent Company
Soft Pretzel Franchise Systems Inc.
Leadership
Dan Dizio, CEO

Franchising Overview

Franchising Since
2004 (18 years)
# of employees at HQ
31
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
162 (as of 2019)

Franchisor Information

Corporate Address
1525 Ford Rd.
Bensalem, PA 19020

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Philly Pretzel Factory franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$35,000
Initial Investment
$133,999 - $351,193
Net Worth Requirement
$150,000 - $300,000
Cash Requirement
$40,000 - $100,000
Veteran Incentives
$1,776 off franchise fee
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
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

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
40 hours
Classroom Training
40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
8-8
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where Philly Pretzel Factory landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021