Start-Up Costs and Fees |
||
| Five Guys Burgers & Fries | Burger King | |
| Investment | 306200 - 716250 | 333100 - 3398600 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 4.50% |
| Advertising Fee | 2% | 4% |
| Year Founded | 1986 | 1954 |
| Year Franchised | 2002 | 1961 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Five Guys Burgers & Fries | Burger King | |
| Experience | Industry experience General business experience | Industry experience General business experience Marketing skills |
Financing Options |
||
| Five Guys Burgers & Fries | Burger King | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Five Guys Burgers & Fries | 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 | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | Regional advertising | Co-op advertising, National media, Regional advertising |
| Operations | ||
Expansion Plans |
||
| Five Guys Burgers & Fries | Burger King | |
| US Expansion | Maryland, Virginia, | |
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Five Guys Burgers & Fries | |
| Burger King | |
| Franchise Fee | |
| Five Guys Burgers & Fries | |
| Burger King | |
| Royalty Fee | |
| Five Guys Burgers & Fries | 6% |
| Burger King | 4.50% |
| Advertising Fee | |
| Five Guys Burgers & Fries | 2% |
| Burger King | 4% |
| Year Founded | |
| Five Guys Burgers & Fries | 1986 |
| Burger King | 1954 |
| Year Franchised | |
| Five Guys Burgers & Fries | 2002 |
| Burger King | 1961 |
| Term Of Agreement | |
| Five Guys Burgers & Fries | 20 years |
| Burger King | 20 years |
| Renewal Fee | |
| Five Guys Burgers & Fries | |
| Burger King | $50K |
Business Experience Requirements |
|
| Experience | |
| Five Guys Burgers & Fries | Industry experience General business experience |
| Burger King | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Five Guys Burgers & Fries | No |
| Burger King | No |
| Start-up Costs | |
| Five Guys Burgers & Fries | |
| Burger King | |
| Equipment | |
| Five Guys Burgers & Fries} | |
| Burger King | |
| Inventory | |
| Five Guys Burgers & Fries | |
| Burger King | |
| Receivables | |
| Five Guys Burgers & Fries | |
| Burger King | |
| Payroll | |
| Five Guys Burgers & Fries | |
| Burger King | |
Training & Support |
|
| Training | |
| Five Guys Burgers & Fries | |
| 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 | |
| Five Guys Burgers & Fries | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Five Guys Burgers & Fries | Regional advertising |
| Burger King | Co-op advertising, National media, Regional advertising |
| Operations | |
| Five Guys Burgers & Fries | |
| Burger King | |
Expansion Plans |
|
| US Expansion | |
| Five Guys Burgers & Fries | Maryland, Virginia, |
| Burger King | |
| Canada Expansion | |
| Five Guys Burgers & Fries | |
| Burger King | |
| International Expansion | |
| Five Guys Burgers & Fries | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |