Start-Up Costs and Fees |
||
| Burger King | Steaks To Go | |
| Investment | 333100 - 3398600 | 110000 - 150000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4.50% | $250/wk. or 3% |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 1990 |
| Year Franchised | 1961 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Steaks To Go | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Burger King | Steaks To Go | |
| 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 | Steaks To Go | |
| 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 | Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Burger King | Steaks To Go | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, | Canada, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Steaks To Go | |
| Franchise Fee | |
| Burger King | |
| Steaks To Go | |
| Royalty Fee | |
| Burger King | 4.50% |
| Steaks To Go | $250/wk. or 3% |
| Advertising Fee | |
| Burger King | 4% |
| Steaks To Go | |
| Year Founded | |
| Burger King | 1954 |
| Steaks To Go | 1990 |
| Year Franchised | |
| Burger King | 1961 |
| Steaks To Go | 1995 |
| Term Of Agreement | |
| Burger King | 20 years |
| Steaks To Go | 5 years |
| Renewal Fee | |
| Burger King | $50K |
| Steaks To Go | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Steaks To Go | |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Steaks To Go | No |
| Start-up Costs | |
| Burger King | |
| Steaks To Go | |
| Equipment | |
| Burger King} | |
| Steaks To Go | |
| Inventory | |
| Burger King | |
| Steaks To Go | |
| Receivables | |
| Burger King | |
| Steaks To Go | |
| Payroll | |
| Burger King | |
| Steaks To Go | |
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. |
| Steaks To Go | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Steaks To Go | Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Steaks To Go | |
| Operations | |
| Burger King | |
| Steaks To Go | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Steaks To Go | |
| Canada Expansion | |
| Burger King | |
| Steaks To Go | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Steaks To Go | Canada, Western Europe, |