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General

Industry

Food and Beverage

Category

Snacks

Works with Franchise Brokers

No

Year of Founding

2004

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$35,000-$35,000

Investment Range

$134K-$351K

Location units

Total U.S. Locations

163

U.S. Franchised Units

159

U.S. Corporate Units

4

Headquarters (City)

Bensalem

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2004

Issuance of FDD Data

04/29/2019

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$134K-$351K

Franchise Fee

$35,000-$35,000

What to know about Soft Pretzel Factory franchise?

Soft Pretzel Factory is a chain of quick service restaurants specializing in pretzels and other pretzel-based foods. They have locations all across the United States. The menu features a variety of pretzel-based dishes, including pretzel dogs, pretzel sandwiches, and pretzel pizzas. The chain is also known for its "Pretzel Bites", which are bite-sized pieces of pretzel dough that are fried and served with dipping sauce. In addition to their regular menu items, they also offer a selection of seasonal and limited-time only items. The staff at Soft Pretzel Factory is friendly and knowledgeable, and committed to providing the best pretzel quality and service to all customers at every location site. Soft Pretzel Factory provides their franchisees with everything they need to get started in the business. This includes comprehensive training on pretzel making and baking, as well as on-going support. Franchisees also have access to exclusive recipes, marketing materials, and product development assistance.

Soft Pretzel Factory is based in Bensalem, PA. Scroll down to learn more!

How much does a Soft Pretzel Factory franchise cost?

Are you wondering how much is a Soft Pretzel Factory franchise? Before starting a Soft Pretzel Factory franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Soft Pretzel Factory franchise is $133,999 and can go all the way up to $351,193. Keep in mind, you should also allocate additional funds to live off of while the Soft Pretzel Factory business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Soft Pretzel Factory franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Soft Pretzel Factory business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Soft Pretzel Factory franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Soft Pretzel Factory. Hotels to the Snacks, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 138 15 2 149
2017 149 21 11 159
2018 159 14 13 159

Additional Details

How much does a Soft Pretzel Factory franchise owner make?

Soft Pretzel Factory franchise earnings and revenue can vary significantly from one franchisee to another.
The Soft Pretzel Factory franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Soft Pretzel Factory discloses financials at the unit level. In other words, they show how much Soft Pretzel Factory franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Soft Pretzel Factory franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Soft Pretzel Factory. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Soft Pretzel Factory owners were making.

Visit the Soft Pretzel Factory metrics tab to explore the financials for this business.

What is the Soft Pretzel Factory franchise fee?

Owning a Soft Pretzel Factory franchise requires 6% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Soft Pretzel Factory Franchise Disclosure Document

Keep in mind, there is also an initial Soft Pretzel Factory franchise fee of $35,000 that is included in the initial investment amount of $133,999 to $351,193. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Soft Pretzel Factory franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Soft Pretzel Factory franchise fee of $35,000.

Visit the Soft Pretzel Factory metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Soft Pretzel Factory founded?

Soft Pretzel Factory started offering franchises in 2004. Soft Pretzel Factory was founded 18 years ago in 2004.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Soft Pretzel Factory locations are in the U.S.?

As of 2019, there were 159 locations across the U.S. There are also 4 corporate locations. Most Food and Beverage franchises like Soft Pretzel Factory have more franchised locations than corporate locations.

How many Soft Pretzel Factory franchises opened over the past few years?

Over the prior 3 years we have data for, Soft Pretzel Factory has opened 50 outlets throughout the U.S. Visit the Soft Pretzel Factory metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Soft Pretzel Factory franchises closed over the past few years?

Over the prior 3 years we have data for, Soft Pretzel Factory has closed 26 outlets throughout the U.S

Visit the Soft Pretzel Factory metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is Soft Pretzel Factory growing? Are they opening more locations than they are closing?

The net unit growth rate for Soft Pretzel Factory over the past 3 years is 15%. Over the last year we have data for, Soft Pretzel Factory had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Soft Pretzel Factory growth rate compares to 2,000+ other franchises and Industry franchises like Soft Pretzel Factory. More info in the Soft Pretzel Factory metrics tab.

Is Soft Pretzel Factory franchise eligible for an SBA Loan?

Soft Pretzel Factory is not eligible for SBA loans including the 7(a) loan last time we checked.

Soft Pretzel Factory franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Soft Pretzel Factory that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Soft Pretzel Factory a franchise in the United States?

According to the SBA, Soft Pretzel Factory does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Soft Pretzel Factory provides you with an FDD if you are in discussion to buy a Soft Pretzel Factory

What is the Soft Pretzel Factory Franchise for Sale Rate?

The Soft Pretzel Factory systemwide health and franchisee satisfaction can be measured by the Soft Pretzel Factoryfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Soft Pretzel Factory franchise for sale rate over the past 3 years is 23%. Over the last year we have data for, Soft Pretzel Factory had a franchise for sale rate of 9%.

Without a comparison, this number doesn’t mean much. Compare how the Soft Pretzel Factory franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Soft Pretzel Factory. More info in the Soft Pretzel Factory metrics tab.

What is the Soft Pretzel Factory Franchise Failure Rate?

Soft Pretzel Factory franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Soft Pretzel Factory failure rate over the past 3 years is 16%. Over the last year we have data for, Soft Pretzel Factory had a franchise failure rate of 8%.

Without a comparison, this number doesn’t mean much. Compare how the Soft Pretzel Factory franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Soft Pretzel Factory. More info in the Soft Pretzel Factory metrics tab.

How can I find out more details on Soft Pretzel Factory franchise?

Visit the Soft Pretzel Factory metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Soft Pretzel Factory

$242,596

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Soft Pretzel Factory

6%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Soft Pretzel Factory

$35,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Food and Beverage

Category

Snacks

Works with Franchise Brokers

No

Year of Founding

2004

Fees

Marketing Fee

2%

Royalty Fee

6%

Franchise Fee

$35,000-$35,000

Investment Range

$134K-$351K

Location units

Total U.S. Locations

163

U.S. Franchised Units

159

U.S. Corporate Units

4

Headquarters (City)

Bensalem

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2004

Issuance of FDD Data

04/29/2019

Detailed Franchise metrics for Soft Pretzel Factory

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Soft Pretzel Factory below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Soft Pretzel Factory

0%

15%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Soft Pretzel Factory

NA

23%

Industry median

All franchises median

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Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Soft Pretzel Factory

NA

16%

Industry median

All franchises median

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Business details

Website

www.phillysoftpretzelfactory.com

Business email

i***@phillysoftpretzelfactory.com

Mailing address

1525 Ford Road

State headquarters

Pennsylvania

Contact Name

Soft Pretzel Factory

Phone

+1 (000) 0********00

City

Bensalem

Zip code

19020
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