Start-Up Costs and Fees |
||
| Binghamton Hots | Negril Eatery | |
| Investment | 122850 - 213450 | 244100 - 327567 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 0 | 1979 |
| Year Franchised | 0 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Binghamton Hots | Negril Eatery | |
| 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. | |
Financing Options |
||
| Binghamton Hots | Negril Eatery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Binghamton Hots | Negril Eatery | |
| Training | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions | You will be required to complete approximately eighty hours of classroom and actual training at our facilities. This includes, inventory control, employee scheduling, food handling and food preparation methods, recipes, customer service. You will also receive our proprietary Operations Manual to serve as your guide. |
| 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. | We will assist with the design, site selection, lease, build out, sourcing of equipment and supplies. |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Binghamton Hots | Negril Eatery | |
| 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Binghamton Hots | |
| Negril Eatery | |
| Franchise Fee | |
| Binghamton Hots | |
| Negril Eatery | |
| Royalty Fee | |
| Binghamton Hots | 5% |
| Negril Eatery | 5% |
| Advertising Fee | |
| Binghamton Hots | 2% |
| Negril Eatery | |
| Year Founded | |
| Binghamton Hots | 0 |
| Negril Eatery | 1979 |
| Year Franchised | |
| Binghamton Hots | 0 |
| Negril Eatery | 1985 |
| Term Of Agreement | |
| Binghamton Hots | 10 years +5+5 |
| Negril Eatery | |
| Renewal Fee | |
| Binghamton Hots | |
| Negril Eatery | |
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. |
| Negril Eatery | |
Financing Options |
|
| Franchise Fees | |
| Binghamton Hots | No |
| Negril Eatery | No |
| Start-up Costs | |
| Binghamton Hots | |
| Negril Eatery | |
| Equipment | |
| Binghamton Hots} | |
| Negril Eatery | |
| Inventory | |
| Binghamton Hots | |
| Negril Eatery | |
| Receivables | |
| Binghamton Hots | |
| Negril Eatery | |
| Payroll | |
| Binghamton Hots | |
| Negril Eatery | |
Training & Support |
|
| Training | |
| Binghamton Hots | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Negril Eatery | You will be required to complete approximately eighty hours of classroom and actual training at our facilities. This includes, inventory control, employee scheduling, food handling and food preparation methods, recipes, customer service. You will also receive our proprietary Operations Manual to serve as your guide. |
| 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. |
| Negril Eatery | We will assist with the design, site selection, lease, build out, sourcing of equipment and supplies. |
| Marketing | |
| Binghamton Hots | |
| Negril Eatery | |
| Operations | |
| Binghamton Hots | |
| Negril Eatery | |
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 |
| Negril Eatery | |
| Canada Expansion | |
| Binghamton Hots | |
| Negril Eatery | |
| International Expansion | |
| Binghamton Hots | |
| Negril Eatery | |