Start-Up Costs and Fees |
||
| Woody's Chicago Style | Burger King | |
| Investment | 58600 - 394000 | 333100 - 3398600 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 4.50% |
| Advertising Fee | 4% | |
| Year Founded | 1990 | 1954 |
| Year Franchised | 1991 | 1961 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Woody's Chicago Style | Burger King | |
| Experience | General business experience | Industry experience General business experience Marketing skills |
Financing Options |
||
| Woody's Chicago Style | Burger King | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Woody's Chicago Style | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | 6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Woody's Chicago Style | Burger King | |
| US Expansion | Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Washington, Wyoming, | |
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Woody's Chicago Style | |
| Burger King | |
| Franchise Fee | |
| Woody's Chicago Style | |
| Burger King | |
| Royalty Fee | |
| Woody's Chicago Style | 6% |
| Burger King | 4.50% |
| Advertising Fee | |
| Woody's Chicago Style | |
| Burger King | 4% |
| Year Founded | |
| Woody's Chicago Style | 1990 |
| Burger King | 1954 |
| Year Franchised | |
| Woody's Chicago Style | 1991 |
| Burger King | 1961 |
| Term Of Agreement | |
| Woody's Chicago Style | 5 years |
| Burger King | 20 years |
| Renewal Fee | |
| Woody's Chicago Style | $2K |
| Burger King | $50K |
Business Experience Requirements |
|
| Experience | |
| Woody's Chicago Style | General business experience |
| Burger King | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Woody's Chicago Style | No |
| Burger King | No |
| Start-up Costs | |
| Woody's Chicago Style | |
| Burger King | |
| Equipment | |
| Woody's Chicago Style} | |
| Burger King | |
| Inventory | |
| Woody's Chicago Style | |
| Burger King | |
| Receivables | |
| Woody's Chicago Style | |
| Burger King | |
| Payroll | |
| Woody's Chicago Style | |
| Burger King | |
Training & Support |
|
| Training | |
| Woody's Chicago Style | |
| 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 | |
| Woody's Chicago Style | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Woody's Chicago Style | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Operations | |
| Woody's Chicago Style | 6% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 3 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
| Burger King | |
Expansion Plans |
|
| US Expansion | |
| Woody's Chicago Style | Arizona, California, Colorado, Hawaii, Kansas, Missouri, Montana, Nebraska, New Mexico, Nevada, Oklahoma, Oregon, Washington, Wyoming, |
| Burger King | |
| Canada Expansion | |
| Woody's Chicago Style | |
| Burger King | |
| International Expansion | |
| Woody's Chicago Style | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |