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| PretzelMaker 's Profile | | Required Capital: | $60,000 | Units: | 375 | | Net Worth: | $200,000+ | |
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Pretzelmaker – Freshness with a Twist
A Fresh Twist
Pretzelmaker
takes pride in offering the “World’s Best Soft Pretzels”
to our customers. Our pretzels are freshly rolled, twisted and baked in
our stores right in front of the customer’s eyes. In today’s
world, customers are eating more and more on the go. Our pretzels offer
a great-tasting, low calorie, portable and convenient snack to meet this
consumer demand.
Perfecting the Pretzel
Founded
in 1991, Pretzelmaker has been offering fresh, hand-twisted pretzels,
pretzel dogs, freshly squeezed lemonade, and cold beverages for more than
17 years. In our pretzel portfolio, including stores currently operating
as Pretzel Time, we have over 325 stores located in 33 states domestically
as well as 50 international stores in Canada, Guam, Trinidad, Panama,
Jordan, and Guatemala.
NexCen Brands, Inc.
added Pretzelmaker and Pretzel Time to the Quick Service Restaurant (QSR)
portfolio in August 2007. With both brands’ commitment to fresh
quality products and innovative new menu items, NexCen’s marketing
and branding experts will build the pretzel business beyond “just
the pretzel concept in the mall,” into a unified brand with strong
positioning, a product innovation focus and a compelling look and feel.
NexCen plans to elevate the pretzel business in consumer’s minds
in both the domestic and international marketplace.
“The
World’s Best Soft Pretzel”
Pretzelmaker is developing
a strong international presence. In our pretzel portfolio today, we have
50 international stores in Canada, Guam, Trinidad, Panama, Jordan, and
Guatemala. We will be creating and growing a unified brand across the
globe, building the world’s most recognized and beloved pretzel
concept.
Financial
Information
Q: What is the initial franchise fee?
A: $30,000
Q: What are
the ongoing royalty payments?
A: 7%
Q: What is
the Marketing Support Fund (MSF) fee?
A: It ranges between 1% and 3%, and is currently at 1.5%.
Q: What is
the total initial investment?
A: It ranges between $163,000 and $245,500.
Q: What are
the minimum requirements for franchise candidates?
A: To ensure that our franchisees will be able to qualify
with both lenders and landlords, we require that potential franchisees
have at least $60,000 in liquid capital and a $200,000 net worth. In addition,
food service and/or retail experience is desired, although not mandatory. |
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