Start-Up Costs and Fees |
||
| New England Hot Dog Company | Wendy's | |
| Investment | 135000 - 250000 | 318850 - 3689350 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4% |
| Advertising Fee | 3.5%Nat'l +0.5% Local | |
| Year Founded | 2004 | 0 |
| Year Franchised | 2005 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| New England Hot Dog Company | Wendy's | |
| Experience | Wendy's is actively pursuing prospective franchisees who: * Are interested in pursuing multi-unit opportunities through the acquisition of existing restaurants or the development of new restaurants * Are multi-unit operators who have extensive restaurant experience (preferably quick service) with proven leadership skills * Are committed to operational excellence, customer service and a strong willingness to learn and practice the Wendy's business model * Demonstrate exceptional managerial and business acumen * Are committed to the advancement and growth of their business * Have access to adequate capital for reinvestment in Wendy’s Image Activation program and new restaurant development. | |
Financing Options |
||
| New England Hot Dog Company | Wendy's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| New England Hot Dog Company | Wendy's | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 4 weeks | Initial and on-going manager and crew level training programs focus on what is needed to provide Wendy’s --A Cut Above-- total customer experience as well as providing management training on various business skills. |
| Support | Franchisees receive on-going direct support from our skilled operators at the field level. We strive for A-level operations at every restaurant and provide the tools, resources and training to achieve superior customer service levels while maintaining restaurant level profit margins. | |
| Marketing | ||
| 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 | Wendy's | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| New England Hot Dog Company | |
| Wendy's | |
| Franchise Fee | |
| New England Hot Dog Company | |
| Wendy's | |
| Royalty Fee | |
| New England Hot Dog Company | 6% |
| Wendy's | 4% |
| Advertising Fee | |
| New England Hot Dog Company | |
| Wendy's | 3.5%Nat'l +0.5% Local |
| Year Founded | |
| New England Hot Dog Company | 2004 |
| Wendy's | 0 |
| Year Franchised | |
| New England Hot Dog Company | 2005 |
| Wendy's | 0 |
| Term Of Agreement | |
| New England Hot Dog Company | 5 years |
| Wendy's | |
| Renewal Fee | |
| New England Hot Dog Company | |
| Wendy's | |
Business Experience Requirements |
|
| Experience | |
| New England Hot Dog Company | |
| Wendy's | Wendy's is actively pursuing prospective franchisees who: * Are interested in pursuing multi-unit opportunities through the acquisition of existing restaurants or the development of new restaurants * Are multi-unit operators who have extensive restaurant experience (preferably quick service) with proven leadership skills * Are committed to operational excellence, customer service and a strong willingness to learn and practice the Wendy's business model * Demonstrate exceptional managerial and business acumen * Are committed to the advancement and growth of their business * Have access to adequate capital for reinvestment in Wendy’s Image Activation program and new restaurant development. |
Financing Options |
|
| Franchise Fees | |
| New England Hot Dog Company | No |
| Wendy's | No |
| Start-up Costs | |
| New England Hot Dog Company | |
| Wendy's | |
| Equipment | |
| New England Hot Dog Company} | |
| Wendy's | |
| Inventory | |
| New England Hot Dog Company | |
| Wendy's | |
| Receivables | |
| New England Hot Dog Company | |
| Wendy's | |
| Payroll | |
| New England Hot Dog Company | |
| Wendy's | |
Training & Support |
|
| Training | |
| New England Hot Dog Company | * Available at headquarters: 2 weeks * At franchisee's location: 4 weeks |
| Wendy's | Initial and on-going manager and crew level training programs focus on what is needed to provide Wendy’s --A Cut Above-- total customer experience as well as providing management training on various business skills. |
| Support | |
| New England Hot Dog Company | |
| Wendy's | Franchisees receive on-going direct support from our skilled operators at the field level. We strive for A-level operations at every restaurant and provide the tools, resources and training to achieve superior customer service levels while maintaining restaurant level profit margins. |
| Marketing | |
| New England Hot Dog Company | |
| Wendy's | |
| 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) |
| Wendy's | |
Expansion Plans |
|
| US Expansion | |
| New England Hot Dog Company | |
| Wendy's | |
| Canada Expansion | |
| New England Hot Dog Company | |
| Wendy's | 0 |
| International Expansion | |
| New England Hot Dog Company | |
| Wendy's | |