Start-Up Costs and Fees |
||
| Burger King | Runza Restaurants | |
| Investment | 333100 - 3398600 | 1250000 - 2720000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 4% | 1%+up to 4% locally |
| Year Founded | 1954 | 1949 |
| Year Franchised | 1961 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Runza Restaurants | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Burger King | Runza Restaurants | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Burger King | Runza Restaurants | |
| 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 | Runza Restaurants | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Runza Restaurants | |
| Franchise Fee | |
| Burger King | |
| Runza Restaurants | |
| Royalty Fee | |
| Burger King | 4.50% |
| Runza Restaurants | 5% |
| Advertising Fee | |
| Burger King | 4% |
| Runza Restaurants | 1%+up to 4% locally |
| Year Founded | |
| Burger King | 1954 |
| Runza Restaurants | 1949 |
| Year Franchised | |
| Burger King | 1961 |
| Runza Restaurants | 1970 |
| Term Of Agreement | |
| Burger King | 20 years |
| Runza Restaurants | 10 years |
| Renewal Fee | |
| Burger King | $50K |
| Runza Restaurants | $5,000 |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Runza Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Runza Restaurants | No |
| Start-up Costs | |
| Burger King | |
| Runza Restaurants | |
| Equipment | |
| Burger King} | |
| Runza Restaurants | |
| Inventory | |
| Burger King | |
| Runza Restaurants | |
| Receivables | |
| Burger King | |
| Runza Restaurants | |
| Payroll | |
| Burger King | |
| Runza Restaurants | |
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. |
| Runza Restaurants | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Runza Restaurants | |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Runza Restaurants | |
| Operations | |
| Burger King | |
| Runza Restaurants | |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Runza Restaurants | |
| Canada Expansion | |
| Burger King | |
| Runza Restaurants | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Runza Restaurants | |