Start-Up Costs and Fees |
||
| The Burger Joint | Nathan's Famous | |
| Investment | 195800 - 589800 | 43000 - 1071360 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 5.50% |
| Advertising Fee | 1%Nat'l + 1%Local | 2% |
| Year Founded | 0 | 1916 |
| Year Franchised | 0 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Burger Joint | Nathan's Famous | |
| Experience | Restaurant experience is preferred, but we will consider prospects who posses strong leadership and management skills and have a history of successfully operating in a service oriented business. | Industry experience General business experience |
Financing Options |
||
| The Burger Joint | Nathan's Famous | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Burger Joint | Nathan's Famous | |
| Training | You (and any key operations management) will be required to attend and successfully complete our Initial Training program. The Initial Training program may last up to seventeen (17) days, and must be completed prior to your opening each Restaurant. A BGR representative will be on site just prior to your opening, and immediately following your opening, to help support you during this important phase. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | BGR trademark and logo specifications, which are continually modified and expanded based on the impact of each specific marketing and promotional campaign we implement in our local markets. | Co-op advertising |
| Operations | BGR has developed a POS for the operation of the Restaurants and management reporting purposes. The BGR POS interfaces with ADP for time clock purposes and payroll processing. Provided your accounting software can empower you to efficiently and effectively produce financial statements (which will be per our Chart of Accounts), BGR will accept most brand name accounting software systems. | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is allowed. (65% of current franchisees are owner/operators) |
Expansion Plans |
||
| The Burger Joint | Nathan's Famous | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Burger Joint | |
| Nathan's Famous | |
| Franchise Fee | |
| The Burger Joint | |
| Nathan's Famous | |
| Royalty Fee | |
| The Burger Joint | 5.50% |
| Nathan's Famous | 5.50% |
| Advertising Fee | |
| The Burger Joint | 1%Nat'l + 1%Local |
| Nathan's Famous | 2% |
| Year Founded | |
| The Burger Joint | 0 |
| Nathan's Famous | 1916 |
| Year Franchised | |
| The Burger Joint | 0 |
| Nathan's Famous | 1988 |
| Term Of Agreement | |
| The Burger Joint | |
| Nathan's Famous | 20 years |
| Renewal Fee | |
| The Burger Joint | |
| Nathan's Famous | 50% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| The Burger Joint | Restaurant experience is preferred, but we will consider prospects who posses strong leadership and management skills and have a history of successfully operating in a service oriented business. |
| Nathan's Famous | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| The Burger Joint | |
| Nathan's Famous | |
| Start-up Costs | |
| The Burger Joint | |
| Nathan's Famous | |
| Equipment | |
| The Burger Joint} | |
| Nathan's Famous | |
| Inventory | |
| The Burger Joint | |
| Nathan's Famous | |
| Receivables | |
| The Burger Joint | |
| Nathan's Famous | |
| Payroll | |
| The Burger Joint | |
| Nathan's Famous | |
Training & Support |
|
| Training | |
| The Burger Joint | You (and any key operations management) will be required to attend and successfully complete our Initial Training program. The Initial Training program may last up to seventeen (17) days, and must be completed prior to your opening each Restaurant. A BGR representative will be on site just prior to your opening, and immediately following your opening, to help support you during this important phase. |
| Nathan's Famous | |
| Support | |
| The Burger Joint | |
| Nathan's Famous | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| The Burger Joint | BGR trademark and logo specifications, which are continually modified and expanded based on the impact of each specific marketing and promotional campaign we implement in our local markets. |
| Nathan's Famous | Co-op advertising |
| Operations | |
| The Burger Joint | BGR has developed a POS for the operation of the Restaurants and management reporting purposes. The BGR POS interfaces with ADP for time clock purposes and payroll processing. Provided your accounting software can empower you to efficiently and effectively produce financial statements (which will be per our Chart of Accounts), BGR will accept most brand name accounting software systems. |
| Nathan's Famous | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 Absentee ownership of franchise is allowed. (65% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| The Burger Joint | |
| Nathan's Famous | |
| Canada Expansion | |
| The Burger Joint | |
| Nathan's Famous | |
| International Expansion | |
| The Burger Joint | |
| Nathan's Famous | |