Start-Up Costs and Fees |
||
| Wild Noodles | Binghamton Hots | |
| Investment | 273500 - 350000 | 122850 - 213450 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 2001 | 0 |
| Year Franchised | 2003 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wild Noodles | Binghamton Hots | |
| Experience | Past management experience | Some familiarity with restaurant operations is helpful, but it s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate. |
Financing Options |
||
| Wild Noodles | Binghamton Hots | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Wild Noodles | Binghamton Hots | |
| Training | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions | |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis. |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Wild Noodles | Binghamton Hots | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wild Noodles | |
| Binghamton Hots | |
| Franchise Fee | |
| Wild Noodles | |
| Binghamton Hots | |
| Royalty Fee | |
| Wild Noodles | 5% |
| Binghamton Hots | 5% |
| Advertising Fee | |
| Wild Noodles | |
| Binghamton Hots | 2% |
| Year Founded | |
| Wild Noodles | 2001 |
| Binghamton Hots | 0 |
| Year Franchised | |
| Wild Noodles | 2003 |
| Binghamton Hots | 0 |
| Term Of Agreement | |
| Wild Noodles | 20 years |
| Binghamton Hots | 10 years +5+5 |
| Renewal Fee | |
| Wild Noodles | 1/2 of current franchise fee |
| Binghamton Hots | |
Business Experience Requirements |
|
| Experience | |
| Wild Noodles | Past management experience |
| Binghamton Hots | Some familiarity with restaurant operations is helpful, but it s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate. |
Financing Options |
|
| Franchise Fees | |
| Wild Noodles | No |
| Binghamton Hots | No |
| Start-up Costs | |
| Wild Noodles | |
| Binghamton Hots | |
| Equipment | |
| Wild Noodles} | |
| Binghamton Hots | |
| Inventory | |
| Wild Noodles | |
| Binghamton Hots | |
| Receivables | |
| Wild Noodles | |
| Binghamton Hots | |
| Payroll | |
| Wild Noodles | |
| Binghamton Hots | |
Training & Support |
|
| Training | |
| Wild Noodles | |
| Binghamton Hots | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Support | |
| Wild Noodles | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Binghamton Hots | We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis. |
| Marketing | |
| Wild Noodles | Co-op advertising, Ad slicks, Regional advertising |
| Binghamton Hots | |
| Operations | |
| Wild Noodles | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Binghamton Hots | |
Expansion Plans |
|
| US Expansion | |
| Wild Noodles | |
| Binghamton Hots | 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 | |
| Wild Noodles | 0 |
| Binghamton Hots | |
| International Expansion | |
| Wild Noodles | |
| Binghamton Hots | |