Start-Up Costs and Fees |
||
| Bagger Daves | Five Guys Burgers & Fries | |
| Investment | 0 - 0 | 306200 - 716250 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 0 | 1986 |
| Year Franchised | 0 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bagger Daves | Five Guys Burgers & Fries | |
| Experience | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. | Industry experience General business experience |
Financing Options |
||
| Bagger Daves | Five Guys Burgers & Fries | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bagger Daves | Five Guys Burgers & Fries | |
| Training | ||
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Regional advertising | |
| Operations | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required | |
Expansion Plans |
||
| Bagger Daves | Five Guys Burgers & Fries | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Maryland, Virginia, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
| Franchise Fee | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
| Royalty Fee | |
| Bagger Daves | |
| Five Guys Burgers & Fries | 6% |
| Advertising Fee | |
| Bagger Daves | |
| Five Guys Burgers & Fries | 2% |
| Year Founded | |
| Bagger Daves | 0 |
| Five Guys Burgers & Fries | 1986 |
| Year Franchised | |
| Bagger Daves | 0 |
| Five Guys Burgers & Fries | 2002 |
| Term Of Agreement | |
| Bagger Daves | |
| Five Guys Burgers & Fries | 20 years |
| Renewal Fee | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
Business Experience Requirements |
|
| Experience | |
| Bagger Daves | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
| Five Guys Burgers & Fries | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
| Start-up Costs | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
| Equipment | |
| Bagger Daves} | |
| Five Guys Burgers & Fries | |
| Inventory | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
| Receivables | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
| Payroll | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
Training & Support |
|
| Training | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
| Support | |
| Bagger Daves | |
| Five Guys Burgers & Fries | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Bagger Daves | |
| Five Guys Burgers & Fries | Regional advertising |
| Operations | |
| Bagger Daves | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
| Five Guys Burgers & Fries | |
Expansion Plans |
|
| US Expansion | |
| Bagger Daves | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Five Guys Burgers & Fries | Maryland, Virginia, |
| Canada Expansion | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |
| International Expansion | |
| Bagger Daves | |
| Five Guys Burgers & Fries | |