Start-Up Costs and Fees |
||
| Burger King | Woody's Chicago Style | |
| Investment | 333100 - 3398600 | 58600 - 394000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4.50% | 6% |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 1990 |
| Year Franchised | 1961 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Woody's Chicago Style | |
| Experience | Industry experience General business experience Marketing skills | General business experience |
Financing Options |
||
| Burger King | Woody's Chicago Style | |
| 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 | Woody's Chicago Style | |
| 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, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | 6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Burger King | Woody's Chicago Style | |
| US Expansion | Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Washington, Wyoming, | |
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Woody's Chicago Style | |
| Franchise Fee | |
| Burger King | |
| Woody's Chicago Style | |
| Royalty Fee | |
| Burger King | 4.50% |
| Woody's Chicago Style | 6% |
| Advertising Fee | |
| Burger King | 4% |
| Woody's Chicago Style | |
| Year Founded | |
| Burger King | 1954 |
| Woody's Chicago Style | 1990 |
| Year Franchised | |
| Burger King | 1961 |
| Woody's Chicago Style | 1991 |
| Term Of Agreement | |
| Burger King | 20 years |
| Woody's Chicago Style | 5 years |
| Renewal Fee | |
| Burger King | $50K |
| Woody's Chicago Style | $2K |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Woody's Chicago Style | General business experience |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Woody's Chicago Style | No |
| Start-up Costs | |
| Burger King | |
| Woody's Chicago Style | |
| Equipment | |
| Burger King} | |
| Woody's Chicago Style | |
| Inventory | |
| Burger King | |
| Woody's Chicago Style | |
| Receivables | |
| Burger King | |
| Woody's Chicago Style | |
| Payroll | |
| Burger King | |
| Woody's Chicago Style | |
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. |
| Woody's Chicago Style | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Woody's Chicago Style | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Woody's Chicago Style | |
| Operations | |
| Burger King | |
| Woody's Chicago Style | 6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Woody's Chicago Style | Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Washington, Wyoming, |
| Canada Expansion | |
| Burger King | |
| Woody's Chicago Style | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Woody's Chicago Style | |