Start-Up Costs and Fees |
||
| Five Guys Burgers & Fries | Maid-Rite | |
| Investment | 306200 - 716250 | 99375 - 141500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1986 | 1926 |
| Year Franchised | 2002 | 1926 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Five Guys Burgers & Fries | Maid-Rite | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Five Guys Burgers & Fries | Maid-Rite | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Five Guys Burgers & Fries | Maid-Rite | |
| Training | ||
| Support | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Regional advertising | |
| Operations | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Five Guys Burgers & Fries | Maid-Rite | |
| 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 | |
| Maid-Rite | |
| Franchise Fee | |
| Five Guys Burgers & Fries | |
| Maid-Rite | |
| Royalty Fee | |
| Five Guys Burgers & Fries | 6% |
| Maid-Rite | 6% |
| Advertising Fee | |
| Five Guys Burgers & Fries | 2% |
| Maid-Rite | 2% |
| Year Founded | |
| Five Guys Burgers & Fries | 1986 |
| Maid-Rite | 1926 |
| Year Franchised | |
| Five Guys Burgers & Fries | 2002 |
| Maid-Rite | 1926 |
| Term Of Agreement | |
| Five Guys Burgers & Fries | 20 years |
| Maid-Rite | |
| Renewal Fee | |
| Five Guys Burgers & Fries | |
| Maid-Rite | |
Business Experience Requirements |
|
| Experience | |
| Five Guys Burgers & Fries | Industry experience General business experience |
| Maid-Rite | |
Financing Options |
|
| Franchise Fees | |
| Five Guys Burgers & Fries | No |
| Maid-Rite | No |
| Start-up Costs | |
| Five Guys Burgers & Fries | |
| Maid-Rite | |
| Equipment | |
| Five Guys Burgers & Fries} | |
| Maid-Rite | |
| Inventory | |
| Five Guys Burgers & Fries | |
| Maid-Rite | |
| Receivables | |
| Five Guys Burgers & Fries | |
| Maid-Rite | |
| Payroll | |
| Five Guys Burgers & Fries | |
| Maid-Rite | |
Training & Support |
|
| Training | |
| Five Guys Burgers & Fries | |
| Maid-Rite | |
| Support | |
| Five Guys Burgers & Fries | Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Maid-Rite | |
| Marketing | |
| Five Guys Burgers & Fries | Regional advertising |
| Maid-Rite | |
| Operations | |
| Five Guys Burgers & Fries | |
| Maid-Rite | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Five Guys Burgers & Fries | Maryland, Virginia, |
| Maid-Rite | 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 | |
| Maid-Rite | |
| International Expansion | |
| Five Guys Burgers & Fries | |
| Maid-Rite | |