Start-Up Costs and Fees |
||
| Burger King | Nothing But Noodles | |
| Investment | 333100 - 3398600 | 408500 - 555300 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4.50% | 6% |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 2001 |
| Year Franchised | 1961 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Nothing But Noodles | |
| Experience | Industry experience General business experience Marketing skills | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. |
Financing Options |
||
| Burger King | Nothing But Noodles | |
| 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 | Nothing But Noodles | |
| 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 | Nothing But Noodles | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Nothing But Noodles | |
| Franchise Fee | |
| Burger King | |
| Nothing But Noodles | |
| Royalty Fee | |
| Burger King | 4.50% |
| Nothing But Noodles | 6% |
| Advertising Fee | |
| Burger King | 4% |
| Nothing But Noodles | |
| Year Founded | |
| Burger King | 1954 |
| Nothing But Noodles | 2001 |
| Year Franchised | |
| Burger King | 1961 |
| Nothing But Noodles | 2002 |
| Term Of Agreement | |
| Burger King | 20 years |
| Nothing But Noodles | |
| Renewal Fee | |
| Burger King | $50K |
| Nothing But Noodles | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Nothing But Noodles | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Nothing But Noodles | No |
| Start-up Costs | |
| Burger King | |
| Nothing But Noodles | |
| Equipment | |
| Burger King} | |
| Nothing But Noodles | |
| Inventory | |
| Burger King | |
| Nothing But Noodles | |
| Receivables | |
| Burger King | |
| Nothing But Noodles | |
| Payroll | |
| Burger King | |
| Nothing But Noodles | |
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. |
| Nothing But Noodles | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Nothing But Noodles | |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Nothing But Noodles | |
| Operations | |
| Burger King | |
| Nothing But Noodles | |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Nothing But Noodles | |
| Canada Expansion | |
| Burger King | |
| Nothing But Noodles | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Nothing But Noodles | |