Start-Up Costs and Fees |
||
| Tin Drum Asia Cafe | Burger King | |
| Investment | 400800 - 617250 | 333100 - 3398600 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 4.50% |
| Advertising Fee | 1.50% | 4% |
| Year Founded | 2003 | 1954 |
| Year Franchised | 0 | 1961 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tin Drum Asia Cafe | Burger King | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Tin Drum Asia Cafe | Burger King | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tin Drum Asia Cafe | Burger King | |
| 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 | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses. | |
Expansion Plans |
||
| Tin Drum Asia Cafe | Burger King | |
| US Expansion | Alabama, Florida, Georgia, North Carolina, South Carolina | |
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tin Drum Asia Cafe | |
| Burger King | |
| Franchise Fee | |
| Tin Drum Asia Cafe | |
| Burger King | |
| Royalty Fee | |
| Tin Drum Asia Cafe | 6% |
| Burger King | 4.50% |
| Advertising Fee | |
| Tin Drum Asia Cafe | 1.50% |
| Burger King | 4% |
| Year Founded | |
| Tin Drum Asia Cafe | 2003 |
| Burger King | 1954 |
| Year Franchised | |
| Tin Drum Asia Cafe | 0 |
| Burger King | 1961 |
| Term Of Agreement | |
| Tin Drum Asia Cafe | |
| Burger King | 20 years |
| Renewal Fee | |
| Tin Drum Asia Cafe | 50% of franchise fee |
| Burger King | $50K |
Business Experience Requirements |
|
| Experience | |
| Tin Drum Asia Cafe | |
| Burger King | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Tin Drum Asia Cafe | |
| Burger King | |
| Start-up Costs | |
| Tin Drum Asia Cafe | |
| Burger King | |
| Equipment | |
| Tin Drum Asia Cafe} | |
| Burger King | |
| Inventory | |
| Tin Drum Asia Cafe | |
| Burger King | |
| Receivables | |
| Tin Drum Asia Cafe | |
| Burger King | |
| Payroll | |
| Tin Drum Asia Cafe | |
| Burger King | |
Training & Support |
|
| Training | |
| Tin Drum Asia Cafe | |
| 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. |
| Support | |
| Tin Drum Asia Cafe | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Tin Drum Asia Cafe | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Operations | |
| Tin Drum Asia Cafe | We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses. |
| Burger King | |
Expansion Plans |
|
| US Expansion | |
| Tin Drum Asia Cafe | Alabama, Florida, Georgia, North Carolina, South Carolina |
| Burger King | |
| Canada Expansion | |
| Tin Drum Asia Cafe | |
| Burger King | |
| International Expansion | |
| Tin Drum Asia Cafe | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |