Petro's Chili & Chips vs Binghamton Hots Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Petro's Chili & Chips vs Binghamton Hots including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Petro's Chili & Chips Binghamton Hots
Investment 75000 - 324950 122850 - 213450
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 4% local+1% Nat'l 2%
Year Founded 0 0
Year Franchised 0 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Petro's Chili & Chips Binghamton Hots
Experience While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business. 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

  Petro's Chili & Chips Binghamton Hots
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Petro's Chili & Chips Binghamton Hots
Training Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening. Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Support 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

  Petro's Chili & Chips 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
Petro's Chili & Chips
Binghamton Hots
Franchise Fee
Petro's Chili & Chips
Binghamton Hots
Royalty Fee
Petro's Chili & Chips 5%
Binghamton Hots 5%
Advertising Fee
Petro's Chili & Chips 4% local+1% Nat'l
Binghamton Hots 2%
Year Founded
Petro's Chili & Chips 0
Binghamton Hots 0
Year Franchised
Petro's Chili & Chips 0
Binghamton Hots 0
Term Of Agreement
Petro's Chili & Chips
Binghamton Hots 10 years +5+5
Renewal Fee
Petro's Chili & Chips
Binghamton Hots


Business Experience Requirements

Experience
Petro's Chili & Chips While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business.
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
Petro's Chili & Chips
Binghamton Hots
Start-up Costs
Petro's Chili & Chips
Binghamton Hots
Equipment
Petro's Chili & Chips}
Binghamton Hots
Inventory
Petro's Chili & Chips
Binghamton Hots
Receivables
Petro's Chili & Chips
Binghamton Hots
Payroll
Petro's Chili & Chips
Binghamton Hots

Training & Support

Training
Petro's Chili & Chips Prior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening.
Binghamton Hots Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Support
Petro's Chili & Chips
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
Petro's Chili & Chips
Binghamton Hots
Operations
Petro's Chili & Chips
Binghamton Hots

Expansion Plans

US Expansion
Petro's Chili & Chips
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
Petro's Chili & Chips
Binghamton Hots
International Expansion
Petro's Chili & Chips
Binghamton Hots