Start-Up Costs and Fees |
||
| Burger King | New England Hot Dog Company | |
| Investment | 333100 - 3398600 | 135000 - 250000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 6% |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 2004 |
| Year Franchised | 1961 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | New England Hot Dog Company | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Burger King | New England Hot Dog Company | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Burger King | New England Hot Dog Company | |
| 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. | * Available at headquarters: 2 weeks * At franchisee's location: 4 weeks |
| Support | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | * Number of employees needed to run franchised unit: 3 - 5 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Burger King | New England Hot Dog Company | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| New England Hot Dog Company | |
| Franchise Fee | |
| Burger King | |
| New England Hot Dog Company | |
| Royalty Fee | |
| Burger King | 4.50% |
| New England Hot Dog Company | 6% |
| Advertising Fee | |
| Burger King | 4% |
| New England Hot Dog Company | |
| Year Founded | |
| Burger King | 1954 |
| New England Hot Dog Company | 2004 |
| Year Franchised | |
| Burger King | 1961 |
| New England Hot Dog Company | 2005 |
| Term Of Agreement | |
| Burger King | 20 years |
| New England Hot Dog Company | 5 years |
| Renewal Fee | |
| Burger King | $50K |
| New England Hot Dog Company | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| New England Hot Dog Company | |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| New England Hot Dog Company | No |
| Start-up Costs | |
| Burger King | |
| New England Hot Dog Company | |
| Equipment | |
| Burger King} | |
| New England Hot Dog Company | |
| Inventory | |
| Burger King | |
| New England Hot Dog Company | |
| Receivables | |
| Burger King | |
| New England Hot Dog Company | |
| Payroll | |
| Burger King | |
| New England Hot Dog Company | |
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. |
| New England Hot Dog Company | * Available at headquarters: 2 weeks * At franchisee's location: 4 weeks |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| New England Hot Dog Company | |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| New England Hot Dog Company | |
| Operations | |
| Burger King | |
| New England Hot Dog Company | * Number of employees needed to run franchised unit: 3 - 5 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| New England Hot Dog Company | |
| Canada Expansion | |
| Burger King | |
| New England Hot Dog Company | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| New England Hot Dog Company | |