Start-Up Costs and Fees |
||
| Habit Burger | Smashburger | |
| Investment | 1231000 - 1654000 | 743130 - 1404535 |
| Franchise Fee | ||
| Royalty Fee | 5 - 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 2007 |
| Year Franchised | 2013 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Habit Burger | Smashburger | |
| Experience | Smashburger (Smashburger Franchising LLC) is seeking multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion and a proven record of success in the restaurant industry *Five years multi-unit restaurant management experience as an owner and/or operator *Experience operating a minimum business of 10 or more units *Minimum financial net worth of $2 million and liquidity of $500,000 *Typical development agreement commitment of 5-20 units *Operating, real estate and trade area experience in development territory *Dedicated support team for Smashburger *Ability to obtain a liquor license (where applicable) | |
Financing Options |
||
| Habit Burger | Smashburger | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Habit Burger | Smashburger | |
| Training | ||
| Support | Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Store Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Habit Burger | Smashburger | |
| US Expansion | 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 | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Habit Burger | |
| Smashburger | |
| Franchise Fee | |
| Habit Burger | |
| Smashburger | |
| Royalty Fee | |
| Habit Burger | |
| Smashburger | 5 - 6% |
| Advertising Fee | |
| Habit Burger | |
| Smashburger | 2% |
| Year Founded | |
| Habit Burger | 1969 |
| Smashburger | 2007 |
| Year Franchised | |
| Habit Burger | 2013 |
| Smashburger | 2008 |
| Term Of Agreement | |
| Habit Burger | |
| Smashburger | |
| Renewal Fee | |
| Habit Burger | |
| Smashburger | none |
Business Experience Requirements |
|
| Experience | |
| Habit Burger | |
| Smashburger | Smashburger (Smashburger Franchising LLC) is seeking multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion and a proven record of success in the restaurant industry *Five years multi-unit restaurant management experience as an owner and/or operator *Experience operating a minimum business of 10 or more units *Minimum financial net worth of $2 million and liquidity of $500,000 *Typical development agreement commitment of 5-20 units *Operating, real estate and trade area experience in development territory *Dedicated support team for Smashburger *Ability to obtain a liquor license (where applicable) |
Financing Options |
|
| Franchise Fees | |
| Habit Burger | |
| Smashburger | |
| Start-up Costs | |
| Habit Burger | |
| Smashburger | |
| Equipment | |
| Habit Burger} | |
| Smashburger | |
| Inventory | |
| Habit Burger | |
| Smashburger | |
| Receivables | |
| Habit Burger | |
| Smashburger | |
| Payroll | |
| Habit Burger | |
| Smashburger | |
Training & Support |
|
| Training | |
| Habit Burger | |
| Smashburger | |
| Support | |
| Habit Burger | |
| Smashburger | Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Store Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution |
| Marketing | |
| Habit Burger | |
| Smashburger | |
| Operations | |
| Habit Burger | |
| Smashburger | |
Expansion Plans |
|
| US Expansion | |
| Habit Burger | 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 |
| Smashburger | |
| Canada Expansion | |
| Habit Burger | |
| Smashburger | |
| International Expansion | |
| Habit Burger | Worldwide, |
| Smashburger | |