Binghamton Hots Franchise

Fast casual restaurant

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Everyone, from college kids and downtown residents to families and workers from local businesses, comes in to Binghamton HOTS for food and fun, throughout the day and night. You can create your own local a destination that appeals to today s consumers, including Millennials, who want creative menu options loaded with convenience. You can build business with flexible service options across multiple dayparts - from lunch to dinner to late night - and even offer carry-out, delivery, and catering options, too. You can be part of the immense restaurant industry, where demand for customization, convenience and flavor have quick service and fast-casual sales on a continual upward growth trend. Best of all, you can operate your local HOTS spot with confidence, with our full support at every stage of your restaurant s operations.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Binghamton Hots, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Binghamton Hots website.

How much does it cost to open a Binghamton Hots Franchise ?

The investment required to open a Binghamton Hots Franchise is between $122,850 - $213,450 . There is an initial franchise fee of $25,000 which grants you the license to run a business under the Binghamton Hots name.

Individual Franchise Costs

  • Initial Investment:
    $122,850 -
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    2%
  • Term of Agreement:
    10 years +5+5

Expense In-House Third Party
Franchise Fee No N/A
Startup Costs No N/A
Equipment No N/A
Inventory No N/A
Accounts Receivable No N/A
Payroll No N/A

Other Financing Source(s):
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.

Training
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.

Binghamton Hots Growth History

When did the first Binghamton Hots open? N/A
When did Binghamton Hots start Franchising ? N/A

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.

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



How much does a Binghamton Hots Franchise owner make?

How much money you could make as a Binghamton Hots Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Binghamton Hots Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$25,000 - $213,450
Initial Franchise Fee
$25,000
Royalty Fee
5%
Advertising Fee
2%
Term of Agreement
10 years +5+5
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Legal Disclaimer: This information is not a franchise offering for Binghamton Hots and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Binghamton Hots franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.