Start-Up Costs and Fees |
||
| Burger King | Fast Eddie's | |
| Investment | 333100 - 3398600 | 245000 - 295000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 1987 |
| Year Franchised | 1961 | 1987 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Fast Eddie's | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Burger King | Fast Eddie's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Burger King | Fast Eddie's | |
| Training | Before the opening of the Restaurant, franchisees must successfully complete the franchisor's training program. The training program is held in Miami, Florida or other locations specified by the franchisor. In-Restaurant Training will be held in various Restaurant locations that have been authorized as Training Restaurants. The franchisor may require additional training programs for individual Owner/Operators or Managing Directors to implement current operations, standards, and procedures and to facilitate the growth and changes of the franchisee. The franchisor also makes available and sometimes requires periodic workshops and seminars for managers, which include management courses and updating of operational skills. The franchisor will provide Pre-opening and Restaurant opening assistance as it deems appropriate. The franchisor also provides continuing operations training programs, which franchisees (as an Operating Partner, Managing Director, Director of Operations, or Managing Owner, as applicable) may be required to attend. For certain training courses, franchisees must pay a course or materials fee to the franchisor or third parties. The franchisor may make changes and revisions to the training program, locations or materials at any time. | |
| Support | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | ||
Expansion Plans |
||
| Burger King | Fast Eddie's | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Fast Eddie's | |
| Franchise Fee | |
| Burger King | |
| Fast Eddie's | |
| Royalty Fee | |
| Burger King | 4.50% |
| Fast Eddie's | |
| Advertising Fee | |
| Burger King | 4% |
| Fast Eddie's | |
| Year Founded | |
| Burger King | 1954 |
| Fast Eddie's | 1987 |
| Year Franchised | |
| Burger King | 1961 |
| Fast Eddie's | 1987 |
| Term Of Agreement | |
| Burger King | 20 years |
| Fast Eddie's | |
| Renewal Fee | |
| Burger King | $50K |
| Fast Eddie's | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Fast Eddie's | |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Fast Eddie's | No |
| Start-up Costs | |
| Burger King | |
| Fast Eddie's | |
| Equipment | |
| Burger King} | |
| Fast Eddie's | |
| Inventory | |
| Burger King | |
| Fast Eddie's | |
| Receivables | |
| Burger King | |
| Fast Eddie's | |
| Payroll | |
| Burger King | |
| Fast Eddie's | |
Training & Support |
|
| Training | |
| Burger King | Before the opening of the Restaurant, franchisees must successfully complete the franchisor's training program. The training program is held in Miami, Florida or other locations specified by the franchisor. In-Restaurant Training will be held in various Restaurant locations that have been authorized as Training Restaurants. The franchisor may require additional training programs for individual Owner/Operators or Managing Directors to implement current operations, standards, and procedures and to facilitate the growth and changes of the franchisee. The franchisor also makes available and sometimes requires periodic workshops and seminars for managers, which include management courses and updating of operational skills. The franchisor will provide Pre-opening and Restaurant opening assistance as it deems appropriate. The franchisor also provides continuing operations training programs, which franchisees (as an Operating Partner, Managing Director, Director of Operations, or Managing Owner, as applicable) may be required to attend. For certain training courses, franchisees must pay a course or materials fee to the franchisor or third parties. The franchisor may make changes and revisions to the training program, locations or materials at any time. |
| Fast Eddie's | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Fast Eddie's | |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Fast Eddie's | |
| Operations | |
| Burger King | |
| Fast Eddie's | |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Fast Eddie's | |
| Canada Expansion | |
| Burger King | |
| Fast Eddie's | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Fast Eddie's | |