Start-Up Costs and Fees |
||
| Binghamton Hots | Five Guys Burgers & Fries | |
| Investment | 122850 - 213450 | 306200 - 716250 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 0 | 1986 |
| Year Franchised | 0 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Binghamton Hots | Five Guys Burgers & Fries | |
| Experience | Some familiarity with restaurant operations is helpful, but it s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate. | Industry experience General business experience |
Financing Options |
||
| Binghamton Hots | Five Guys Burgers & Fries | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Binghamton Hots | Five Guys Burgers & Fries | |
| Training | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions | |
| Support | We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis. | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Regional advertising | |
| Operations | ||
Expansion Plans |
||
| Binghamton Hots | 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 | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
| Franchise Fee | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
| Royalty Fee | |
| Binghamton Hots | 5% |
| Five Guys Burgers & Fries | 6% |
| Advertising Fee | |
| Binghamton Hots | 2% |
| Five Guys Burgers & Fries | 2% |
| Year Founded | |
| Binghamton Hots | 0 |
| Five Guys Burgers & Fries | 1986 |
| Year Franchised | |
| Binghamton Hots | 0 |
| Five Guys Burgers & Fries | 2002 |
| Term Of Agreement | |
| Binghamton Hots | 10 years +5+5 |
| Five Guys Burgers & Fries | 20 years |
| Renewal Fee | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
Business Experience Requirements |
|
| Experience | |
| Binghamton Hots | Some familiarity with restaurant operations is helpful, but it s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate. |
| Five Guys Burgers & Fries | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Binghamton Hots | No |
| Five Guys Burgers & Fries | No |
| Start-up Costs | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
| Equipment | |
| Binghamton Hots} | |
| Five Guys Burgers & Fries | |
| Inventory | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
| Receivables | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
| Payroll | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
Training & Support |
|
| Training | |
| Binghamton Hots | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Five Guys Burgers & Fries | |
| Support | |
| Binghamton Hots | We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis. |
| Five Guys Burgers & Fries | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | Regional advertising |
| Operations | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
Expansion Plans |
|
| US Expansion | |
| Binghamton Hots | 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 | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |
| International Expansion | |
| Binghamton Hots | |
| Five Guys Burgers & Fries | |