Start-Up Costs and Fees |
||
| CRAVE | Binghamton Hots | |
| Investment | 157900 - 453500 | 122850 - 213450 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2018 | 0 |
| Year Franchised | 2018 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| CRAVE | Binghamton Hots | |
| Experience | $100,000 Liquid Capital | 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. |
Financing Options |
||
| CRAVE | Binghamton Hots | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| CRAVE | Binghamton Hots | |
| Training | Ongoing Training Programs | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Support | Real Estate Assistance Marketing Assistance Operational Support Systems in Place | 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. |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| CRAVE | Binghamton Hots | |
| 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| CRAVE | |
| Binghamton Hots | |
| Franchise Fee | |
| CRAVE | |
| Binghamton Hots | |
| Royalty Fee | |
| CRAVE | 6% |
| Binghamton Hots | 5% |
| Advertising Fee | |
| CRAVE | 2% |
| Binghamton Hots | 2% |
| Year Founded | |
| CRAVE | 2018 |
| Binghamton Hots | 0 |
| Year Franchised | |
| CRAVE | 2018 |
| Binghamton Hots | 0 |
| Term Of Agreement | |
| CRAVE | |
| Binghamton Hots | 10 years +5+5 |
| Renewal Fee | |
| CRAVE | |
| Binghamton Hots | |
Business Experience Requirements |
|
| Experience | |
| CRAVE | $100,000 Liquid Capital |
| 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. |
Financing Options |
|
| Franchise Fees | |
| CRAVE | |
| Binghamton Hots | |
| Start-up Costs | |
| CRAVE | |
| Binghamton Hots | |
| Equipment | |
| CRAVE} | |
| Binghamton Hots | |
| Inventory | |
| CRAVE | |
| Binghamton Hots | |
| Receivables | |
| CRAVE | |
| Binghamton Hots | |
| Payroll | |
| CRAVE | |
| Binghamton Hots | |
Training & Support |
|
| Training | |
| CRAVE | Ongoing Training Programs |
| Binghamton Hots | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Support | |
| CRAVE | Real Estate Assistance Marketing Assistance Operational Support Systems in Place |
| 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. |
| Marketing | |
| CRAVE | |
| Binghamton Hots | |
| Operations | |
| CRAVE | |
| Binghamton Hots | |
Expansion Plans |
|
| US Expansion | |
| CRAVE | |
| 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 |
| Canada Expansion | |
| CRAVE | |
| Binghamton Hots | |
| International Expansion | |
| CRAVE | |
| Binghamton Hots | |