Start-Up Costs and Fees |
||
| UFood | Binghamton Hots | |
| Investment | 415500 - 598500 | 122850 - 213450 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 2% |
| Year Founded | 0 | 0 |
| Year Franchised | 2014 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| UFood | Binghamton Hots | |
| Experience | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 | 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 |
||
| UFood | Binghamton Hots | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| UFood | Binghamton Hots | |
| Training | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Support | Ongoing 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 | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. | |
| Operations | ||
Expansion Plans |
||
| UFood | 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 | |
| UFood | |
| Binghamton Hots | |
| Franchise Fee | |
| UFood | |
| Binghamton Hots | |
| Royalty Fee | |
| UFood | 5% |
| Binghamton Hots | 5% |
| Advertising Fee | |
| UFood | 2% |
| Binghamton Hots | 2% |
| Year Founded | |
| UFood | 0 |
| Binghamton Hots | 0 |
| Year Franchised | |
| UFood | 2014 |
| Binghamton Hots | 0 |
| Term Of Agreement | |
| UFood | |
| Binghamton Hots | 10 years +5+5 |
| Renewal Fee | |
| UFood | |
| Binghamton Hots | |
Business Experience Requirements |
|
| Experience | |
| UFood | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 |
| 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 | |
| UFood | |
| Binghamton Hots | |
| Start-up Costs | |
| UFood | |
| Binghamton Hots | |
| Equipment | |
| UFood} | |
| Binghamton Hots | |
| Inventory | |
| UFood | |
| Binghamton Hots | |
| Receivables | |
| UFood | |
| Binghamton Hots | |
| Payroll | |
| UFood | |
| Binghamton Hots | |
Training & Support |
|
| Training | |
| UFood | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Binghamton Hots | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Support | |
| UFood | Ongoing support |
| 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 | |
| UFood | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. |
| Binghamton Hots | |
| Operations | |
| UFood | |
| Binghamton Hots | |
Expansion Plans |
|
| US Expansion | |
| UFood | |
| 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 | |
| UFood | |
| Binghamton Hots | |
| International Expansion | |
| UFood | |
| Binghamton Hots | |