Start-Up Costs and Fees |
||
| Five Guys Burgers & Fries | Bagger Daves | |
| Investment | 306200 - 716250 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1986 | 0 |
| Year Franchised | 2002 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Five Guys Burgers & Fries | Bagger Daves | |
| Experience | Industry experience General business experience | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
||
| Five Guys Burgers & Fries | Bagger Daves | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Five Guys Burgers & Fries | Bagger Daves | |
| Training | ||
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Regional advertising | |
| Operations | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required | |
Expansion Plans |
||
| Five Guys Burgers & Fries | Bagger Daves | |
| US Expansion | Maryland, Virginia, | 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
| Franchise Fee | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
| Royalty Fee | |
| Five Guys Burgers & Fries | 6% |
| Bagger Daves | |
| Advertising Fee | |
| Five Guys Burgers & Fries | 2% |
| Bagger Daves | |
| Year Founded | |
| Five Guys Burgers & Fries | 1986 |
| Bagger Daves | 0 |
| Year Franchised | |
| Five Guys Burgers & Fries | 2002 |
| Bagger Daves | 0 |
| Term Of Agreement | |
| Five Guys Burgers & Fries | 20 years |
| Bagger Daves | |
| Renewal Fee | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
Business Experience Requirements |
|
| Experience | |
| Five Guys Burgers & Fries | Industry experience General business experience |
| Bagger Daves | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
|
| Franchise Fees | |
| Five Guys Burgers & Fries | No |
| Bagger Daves | No |
| Start-up Costs | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
| Equipment | |
| Five Guys Burgers & Fries} | |
| Bagger Daves | |
| Inventory | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
| Receivables | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
| Payroll | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
Training & Support |
|
| Training | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
| Support | |
| Five Guys Burgers & Fries | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Bagger Daves | |
| Marketing | |
| Five Guys Burgers & Fries | Regional advertising |
| Bagger Daves | |
| Operations | |
| Five Guys Burgers & Fries | |
| Bagger Daves | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
|
| US Expansion | |
| Five Guys Burgers & Fries | Maryland, Virginia, |
| Bagger Daves | 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 | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |
| International Expansion | |
| Five Guys Burgers & Fries | |
| Bagger Daves | |