Binghamton Hots vs Nothing But Noodles Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Binghamton Hots vs Nothing But Noodles including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Binghamton Hots Nothing But Noodles
Investment 122850 - 213450 408500 - 555300
Franchise Fee 0
Royalty Fee 5% 6%
Advertising Fee 2%
Year Founded 0 2001
Year Franchised 0 2002
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Binghamton Hots Nothing But Noodles
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. The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system.

Financing Options

  Binghamton Hots Nothing But Noodles
 
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 Nothing But Noodles
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.
Marketing
Operations

Expansion Plans

  Binghamton Hots Nothing But Noodles
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
Nothing But Noodles
Franchise Fee
Binghamton Hots
Nothing But Noodles
Royalty Fee
Binghamton Hots 5%
Nothing But Noodles 6%
Advertising Fee
Binghamton Hots 2%
Nothing But Noodles
Year Founded
Binghamton Hots 0
Nothing But Noodles 2001
Year Franchised
Binghamton Hots 0
Nothing But Noodles 2002
Term Of Agreement
Binghamton Hots 10 years +5+5
Nothing But Noodles
Renewal Fee
Binghamton Hots
Nothing But Noodles


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.
Nothing But Noodles The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system.

Financing Options

 
Franchise Fees
Binghamton Hots No
Nothing But Noodles No
Start-up Costs
Binghamton Hots
Nothing But Noodles
Equipment
Binghamton Hots}
Nothing But Noodles
Inventory
Binghamton Hots
Nothing But Noodles
Receivables
Binghamton Hots
Nothing But Noodles
Payroll
Binghamton Hots
Nothing But Noodles

Training & Support

Training
Binghamton Hots Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Nothing But Noodles
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.
Nothing But Noodles
Marketing
Binghamton Hots
Nothing But Noodles
Operations
Binghamton Hots
Nothing But Noodles

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
Nothing But Noodles
Canada Expansion
Binghamton Hots
Nothing But Noodles
International Expansion
Binghamton Hots
Nothing But Noodles