Start-Up Costs and Fees |
||
| New England Hot Dog Company | Burger King | |
| Investment | 135000 - 250000 | 333100 - 3398600 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 4.50% |
| Advertising Fee | 4% | |
| Year Founded | 2004 | 1954 |
| Year Franchised | 2005 | 1961 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| New England Hot Dog Company | Burger King | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| New England Hot Dog Company | 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 |
||
| New England Hot Dog Company | Burger King | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 4 weeks | 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 | * Number of employees needed to run franchised unit: 3 - 5 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| New England Hot Dog Company | Burger King | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| New England Hot Dog Company | |
| Burger King | |
| Franchise Fee | |
| New England Hot Dog Company | |
| Burger King | |
| Royalty Fee | |
| New England Hot Dog Company | 6% |
| Burger King | 4.50% |
| Advertising Fee | |
| New England Hot Dog Company | |
| Burger King | 4% |
| Year Founded | |
| New England Hot Dog Company | 2004 |
| Burger King | 1954 |
| Year Franchised | |
| New England Hot Dog Company | 2005 |
| Burger King | 1961 |
| Term Of Agreement | |
| New England Hot Dog Company | 5 years |
| Burger King | 20 years |
| Renewal Fee | |
| New England Hot Dog Company | |
| Burger King | $50K |
Business Experience Requirements |
|
| Experience | |
| New England Hot Dog Company | |
| Burger King | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| New England Hot Dog Company | No |
| Burger King | No |
| Start-up Costs | |
| New England Hot Dog Company | |
| Burger King | |
| Equipment | |
| New England Hot Dog Company} | |
| Burger King | |
| Inventory | |
| New England Hot Dog Company | |
| Burger King | |
| Receivables | |
| New England Hot Dog Company | |
| Burger King | |
| Payroll | |
| New England Hot Dog Company | |
| Burger King | |
Training & Support |
|
| Training | |
| New England Hot Dog Company | * Available at headquarters: 2 weeks * At franchisee's location: 4 weeks |
| 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 | |
| New England Hot Dog Company | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| New England Hot Dog Company | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Operations | |
| New England Hot Dog Company | * Number of employees needed to run franchised unit: 3 - 5 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Burger King | |
Expansion Plans |
|
| US Expansion | |
| New England Hot Dog Company | |
| Burger King | |
| Canada Expansion | |
| New England Hot Dog Company | |
| Burger King | |
| International Expansion | |
| New England Hot Dog Company | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |