Mr. Hero vs The Carving Board Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Hero vs The Carving Board including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Mr. Hero The Carving Board
Investment 113000 - 305000 314500 - 621500
Franchise Fee 0
Royalty Fee 5.50%
Advertising Fee
Year Founded 1965 2012
Year Franchised 1970 2016
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Mr. Hero The Carving Board
Experience Industry experience General business experience Marketing skills A great franchise candidate for The Carving Board is not necessarily just someone who has food experience, although that could be a plus. The company is looking for people who are driven, willing to commit to the brand and want to be part of something bigger. Franchisees need the necessary capital to open a location, the willingness to learn and the ability to follow a proven system.

Financing Options

  Mr. Hero The Carving Board
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Mr. Hero The Carving Board
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

  Mr. Hero The Carving Board
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
Mr. Hero
The Carving Board
Franchise Fee
Mr. Hero
The Carving Board
Royalty Fee
Mr. Hero 5.50%
The Carving Board
Advertising Fee
Mr. Hero
The Carving Board
Year Founded
Mr. Hero 1965
The Carving Board 2012
Year Franchised
Mr. Hero 1970
The Carving Board 2016
Term Of Agreement
Mr. Hero 10 years
The Carving Board
Renewal Fee
Mr. Hero
The Carving Board


Business Experience Requirements

Experience
Mr. Hero Industry experience General business experience Marketing skills
The Carving Board A great franchise candidate for The Carving Board is not necessarily just someone who has food experience, although that could be a plus. The company is looking for people who are driven, willing to commit to the brand and want to be part of something bigger. Franchisees need the necessary capital to open a location, the willingness to learn and the ability to follow a proven system.

Financing Options

 
Franchise Fees
Mr. Hero No
The Carving Board No
Start-up Costs
Mr. Hero
The Carving Board
Equipment
Mr. Hero}
The Carving Board
Inventory
Mr. Hero
The Carving Board
Receivables
Mr. Hero
The Carving Board
Payroll
Mr. Hero
The Carving Board

Training & Support

Training
Mr. Hero
The Carving Board
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
The Carving Board
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
The Carving Board
Operations
Mr. Hero International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)
The Carving Board

Expansion Plans

US Expansion
Mr. Hero
The Carving Board 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
Mr. Hero
The Carving Board
International Expansion
Mr. Hero
The Carving Board