Binghamton Hots vs Taco John's Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Binghamton Hots vs Taco John's including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Binghamton Hots Taco John's
Investment 122850 - 213450 475000 - 1599000
Franchise Fee 0
Royalty Fee 5% 5%
Advertising Fee 2% 4%
Year Founded 0 1968
Year Franchised 0 1969
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Binghamton Hots Taco John's
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 Taco John's
 
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 Taco John's
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, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks
Operations 37% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Expansion Plans

  Binghamton Hots Taco John's
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 Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, Nebraska, Nevada, North Dakota, South Dakota, Washington, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Binghamton Hots
Taco John's
Franchise Fee
Binghamton Hots
Taco John's
Royalty Fee
Binghamton Hots 5%
Taco John's 5%
Advertising Fee
Binghamton Hots 2%
Taco John's 4%
Year Founded
Binghamton Hots 0
Taco John's 1968
Year Franchised
Binghamton Hots 0
Taco John's 1969
Term Of Agreement
Binghamton Hots 10 years +5+5
Taco John's 20 years+10+10+10
Renewal Fee
Binghamton Hots
Taco John's


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.
Taco John's Industry experience General business experience

Financing Options

 
Franchise Fees
Binghamton Hots No
Taco John's No
Start-up Costs
Binghamton Hots
Taco John's
Equipment
Binghamton Hots}
Taco John's
Inventory
Binghamton Hots
Taco John's
Receivables
Binghamton Hots
Taco John's
Payroll
Binghamton Hots
Taco John's

Training & Support

Training
Binghamton Hots Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Taco John's
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.
Taco John's Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Binghamton Hots
Taco John's Co-op advertising, Ad slicks
Operations
Binghamton Hots
Taco John's 37% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

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
Taco John's Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, Nebraska, Nevada, North Dakota, South Dakota, Washington, Wisconsin, Wyoming
Canada Expansion
Binghamton Hots
Taco John's
International Expansion
Binghamton Hots
Taco John's