Start-Up Costs and Fees |
||
| Burger King | Coneys Frozen Custard | |
| Investment | 333100 - 3398600 | 129250 - 194500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 6% |
| Advertising Fee | 4% | 4% |
| Year Founded | 1954 | 0 |
| Year Franchised | 1961 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Coneys Frozen Custard | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Burger King | Coneys Frozen Custard | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Burger King | Coneys Frozen Custard | |
| 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 | ||
Expansion Plans |
||
| Burger King | Coneys Frozen Custard | |
| 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 | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Coneys Frozen Custard | |
| Franchise Fee | |
| Burger King | |
| Coneys Frozen Custard | |
| Royalty Fee | |
| Burger King | 4.50% |
| Coneys Frozen Custard | 6% |
| Advertising Fee | |
| Burger King | 4% |
| Coneys Frozen Custard | 4% |
| Year Founded | |
| Burger King | 1954 |
| Coneys Frozen Custard | 0 |
| Year Franchised | |
| Burger King | 1961 |
| Coneys Frozen Custard | 0 |
| Term Of Agreement | |
| Burger King | 20 years |
| Coneys Frozen Custard | 10 years |
| Renewal Fee | |
| Burger King | $50K |
| Coneys Frozen Custard | 20% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Coneys Frozen Custard | |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Coneys Frozen Custard | No |
| Start-up Costs | |
| Burger King | |
| Coneys Frozen Custard | |
| Equipment | |
| Burger King} | |
| Coneys Frozen Custard | |
| Inventory | |
| Burger King | |
| Coneys Frozen Custard | |
| Receivables | |
| Burger King | |
| Coneys Frozen Custard | |
| Payroll | |
| Burger King | |
| Coneys Frozen Custard | |
Training & Support |
|
| Training | |
| 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. |
| Coneys Frozen Custard | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Coneys Frozen Custard | |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Coneys Frozen Custard | |
| Operations | |
| Burger King | |
| Coneys Frozen Custard | |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Coneys Frozen Custard | 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 | |
| Burger King | |
| Coneys Frozen Custard | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Coneys Frozen Custard | |