1851

South Carolina is getting its first ever <a href="http://www.ownappf.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchisee-voices-patric-and-michael-siniscalchi-of-philly-pretzel-factory-8481" target="_blank" rel="nofollow" target="_blank">Philly Pretzel Factory</a> this July. New York natives Patric and Michael Siniscalchi are bringing their favorite East Coast treat to Myrtle Beach.

After seeing great success at their 710 Bowling Restaurant and Bar, the father and son duo decided to focus on the lives of others as their main goal with their new business venture.

With each opening, they plan to employ good people who have faced economic hardships and allow them to earn a significant portion of the business&rsquo; profit in order to escape poverty. They are working with the local Helping Hands and Family Promise organizations to model a profit sharing program with each opening following their first location, aiming to help women in need make a career for themselves.

Tell us a little bit about your background.

We currently own a business in Myrtle Beach, it&rsquo;s a bowling alley called 710 Bowling Restaurant and Bar. We were looking for an opportunity to ramp up our community outreach with local charities. As a family, we feel we&rsquo;ve been extremely fortunate and blessed in this life and that there are many good, hard working people out there who have encountered undeserved misfortune.

We wanted a franchise with a good product that could be run by unskilled labor. The idea was for us to allow people who face difficulties &ndash; mainly women &ndash; to be shareholders of the store. We briefly considered doing an equity share, but it was too complicated, so we adapted a profit sharing model where the senior and junior operator receives paid salaries. They would earn a share of the profits, which would develop over time. They would get 10 percent of profits &ndash; and it keeps growing by year. 60 percent of the profit would be given to these two full time employees, and we&rsquo;d set aside 10 percent of the profits for emergencies for those that have a hard time getting to work. Regarding the remaining 30 percent, 5 to 10 percent would go to expenses and the difference would go to opening a new store. Over a course of 4 to 5 years, they might have $50,000 to $70,000 in savings and they can go do something with that.

I want them to be able to do almost anything they want with that money. To me, in my simplistic view of the world, poverty in the U.S. is because those affected by poverty can never own anything. This profit sharing model we are launching allows them to own something. Overall, this mission would provide the chance to help individuals help themselves.&nbsp;

Why did you choose to become a franchisee with Philly Pretzel Factory? How did you learn about the brand?

I have heard a lot of positive things about the product. It had a simple business model, especially the Walmart stores where you get oven-ready pretzels. And in the world of franchises, Philly Pretzel Factory has a relatively low capital requirement. The plan is to invest $100,000 in each store and have the bank finance the business. Philly Pretzel Factory has a simple business to run; there are only two suppliers, and a focused suite of high quality products. The corporate team at Philly Pretzel Factory team has enthusiastically gotten on board with our mission, as well.

My father has 40 years of operations experience; I have 10 years of finance experience. We&rsquo;re hoping that these people who have had misfortune can over a few years actually walk away with not just money but a resume that will help them pursue their dreams as they venture into new careers.

What were your perceptions of franchising before starting the process?&nbsp;

Both Mike and I had an idea of what to expect when entering the franchising world because we had looked into some franchises as business opportunities, and I also had a bunch of former managers at franchises operating for me at 710 Bowling Restaurant and Bar. Philly Pretzel Factory is truly a regional brand at this point in time &ndash; it is rare for people to be familiar with the brand outside of the Philly area. However, they are making an effort to expand throughout the East Coast, and we thought we could be a great addition to the system.

What&rsquo;s next for you and your business? Do you have any development/expansion plans with the brand?

Myrtle Beach is a 60-mile stretch so we would like to populate the whole coastline with Philly Pretzel Factory locations. The ceiling for us is 12 stores in this region, and then we will see how things go from there. Currently, our goal is to open three stores in the first year.

Franchisee Voices: Patric and Michael Siniscalchi of Philly Pretzel Factory

1851 Franchise

The Siniscalchis are opening the first ever Myrtle Beach Philly Pretzel Factory. 

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

franchisee-voices-patric-and-michael-siniscalchi-of-philly-pretzel-factory

HomeTeam Inspection Service

Good Day Columbus: Home Insurance Expert Reveals Why Central Ohio Premiums Are Rising and How to Combat Costs

rising-home-insurance-costs-ohio

CapitalSpring

Primetime Fitness Expands Crunch Portfolio With CapitalSpring’s Backing

primetime-fitness-expands-crunch-portfolio-with-capitalsprings-backing

Children's Lighthouse

How Children’s Lighthouse Franchisees Scale to Multiple Locations

how-childrens-lighthouse-franchisees-scale-to-multiple-locations

Express Employment Professionals

Betting on Himself: How Chris Brown Built an Express Employment Professionals Franchise From the Ground Up

betting-on-himself-how-chris-brown-built-an-express-employment-professionals-franchise-from-the-ground-up

Comfort Keepers

Comfort Keepers® Named One of America’s Best Home-Care Providers

comfort-keepers-named-one-of-americas-best-home-care-providers

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

Mike Revak - Chief Business Officer - Sky Zone - Franchise Marketing Leaders - 1851 Franchise

Top 25 Franchise Marketing Leaders: Mike Revak — President and Chief Business Officer, Sky Zone

top-25-franchise-marketing-leaders-mike-revak-chief-business-officer-sky-zone

What It Really Feels Like To Franchise Your Business

what-it-really-feels-like-to-franchise-your-business

Top 25 Franchise Marketing Leaders: Cathy Chavenet — Chief Marketing Officer, Paris Baguette

top-25-franchise-marketing-leaders-cathy-chavenet-chief-marketing-officer-paris-baguette

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

Design with school-aged child standing on pencil with text "Education Franchises" and "<$500K"

Top Education Franchises Under $500K To Explore in 2025

top-education-franchises-under-500k

1851 Franchise Deep Dive graphic with Sparkle Squad logo

Sparkle Squad Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-sparkle-squad-franchise-costs-fees-profit-and-data

Franchisee Voices: Patric and Michael Siniscalchi of Philly Pretzel Factory

MORE STORIES LIKE THIS