Start-Up Costs and Fees |
||
| Fast Eddie's | Burger King | |
| Investment | 245000 - 295000 | 333100 - 3398600 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1987 | 1954 |
| Year Franchised | 1987 | 1961 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fast Eddie's | Burger King | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Fast Eddie's | Burger King | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fast Eddie's | Burger King | |
| 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 |
||
| Fast Eddie's | Burger King | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fast Eddie's | |
| Burger King | |
| Franchise Fee | |
| Fast Eddie's | |
| Burger King | |
| Royalty Fee | |
| Fast Eddie's | |
| Burger King | 4.50% |
| Advertising Fee | |
| Fast Eddie's | |
| Burger King | 4% |
| Year Founded | |
| Fast Eddie's | 1987 |
| Burger King | 1954 |
| Year Franchised | |
| Fast Eddie's | 1987 |
| Burger King | 1961 |
| Term Of Agreement | |
| Fast Eddie's | |
| Burger King | 20 years |
| Renewal Fee | |
| Fast Eddie's | |
| Burger King | $50K |
Business Experience Requirements |
|
| Experience | |
| Fast Eddie's | |
| Burger King | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Fast Eddie's | |
| Burger King | |
| Start-up Costs | |
| Fast Eddie's | |
| Burger King | |
| Equipment | |
| Fast Eddie's} | |
| Burger King | |
| Inventory | |
| Fast Eddie's | |
| Burger King | |
| Receivables | |
| Fast Eddie's | |
| Burger King | |
| Payroll | |
| Fast Eddie's | |
| Burger King | |
Training & Support |
|
| Training | |
| Fast Eddie's | |
| 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. |
| Support | |
| Fast Eddie's | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Fast Eddie's | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Operations | |
| Fast Eddie's | |
| Burger King | |
Expansion Plans |
|
| US Expansion | |
| Fast Eddie's | |
| Burger King | |
| Canada Expansion | |
| Fast Eddie's | |
| Burger King | |
| International Expansion | |
| Fast Eddie's | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |