Start-Up Costs and Fees |
||
| Burger King | Five Guys Burgers & Fries | |
| Investment | 333100 - 3398600 | 306200 - 716250 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4.50% | 6% |
| Advertising Fee | 4% | 2% |
| Year Founded | 1954 | 1986 |
| Year Franchised | 1961 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Five Guys Burgers & Fries | |
| Experience | Industry experience General business experience Marketing skills | Industry experience General business experience |
Financing Options |
||
| Burger King | 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 |
||
| Burger King | Five Guys Burgers & Fries | |
| 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 | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, National media, Regional advertising | Regional advertising |
| Operations | ||
Expansion Plans |
||
| Burger King | Five Guys Burgers & Fries | |
| US Expansion | Maryland, Virginia, | |
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Five Guys Burgers & Fries | |
| Franchise Fee | |
| Burger King | |
| Five Guys Burgers & Fries | |
| Royalty Fee | |
| Burger King | 4.50% |
| Five Guys Burgers & Fries | 6% |
| Advertising Fee | |
| Burger King | 4% |
| Five Guys Burgers & Fries | 2% |
| Year Founded | |
| Burger King | 1954 |
| Five Guys Burgers & Fries | 1986 |
| Year Franchised | |
| Burger King | 1961 |
| Five Guys Burgers & Fries | 2002 |
| Term Of Agreement | |
| Burger King | 20 years |
| Five Guys Burgers & Fries | 20 years |
| Renewal Fee | |
| Burger King | $50K |
| Five Guys Burgers & Fries | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Five Guys Burgers & Fries | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Five Guys Burgers & Fries | No |
| Start-up Costs | |
| Burger King | |
| Five Guys Burgers & Fries | |
| Equipment | |
| Burger King} | |
| Five Guys Burgers & Fries | |
| Inventory | |
| Burger King | |
| Five Guys Burgers & Fries | |
| Receivables | |
| Burger King | |
| Five Guys Burgers & Fries | |
| Payroll | |
| Burger King | |
| Five Guys Burgers & Fries | |
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. |
| Five Guys Burgers & Fries | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Five Guys Burgers & Fries | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Five Guys Burgers & Fries | Regional advertising |
| Operations | |
| Burger King | |
| Five Guys Burgers & Fries | |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Five Guys Burgers & Fries | Maryland, Virginia, |
| Canada Expansion | |
| Burger King | |
| Five Guys Burgers & Fries | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Five Guys Burgers & Fries | |