Start-Up Costs and Fees |
||
| Binghamton Hots | Mega Wraps | |
| Investment | 122850 - 213450 | 189000 - 189000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 0 | 1998 |
| Year Franchised | 0 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Binghamton Hots | Mega Wraps | |
| 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 |
||
| Binghamton Hots | Mega Wraps | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Binghamton Hots | Mega Wraps | |
| Training | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions | |
| Support | 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 | ||
| Operations | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Binghamton Hots | Mega Wraps | |
| 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Binghamton Hots | |
| Mega Wraps | |
| Franchise Fee | |
| Binghamton Hots | |
| Mega Wraps | |
| Royalty Fee | |
| Binghamton Hots | 5% |
| Mega Wraps | 6% |
| Advertising Fee | |
| Binghamton Hots | 2% |
| Mega Wraps | 2% |
| Year Founded | |
| Binghamton Hots | 0 |
| Mega Wraps | 1998 |
| Year Franchised | |
| Binghamton Hots | 0 |
| Mega Wraps | 1999 |
| Term Of Agreement | |
| Binghamton Hots | 10 years +5+5 |
| Mega Wraps | 5 Years +5 |
| Renewal Fee | |
| Binghamton Hots | |
| Mega Wraps | |
Business Experience Requirements |
|
| 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. |
| Mega Wraps | |
Financing Options |
|
| Franchise Fees | |
| Binghamton Hots | No |
| Mega Wraps | No |
| Start-up Costs | |
| Binghamton Hots | |
| Mega Wraps | |
| Equipment | |
| Binghamton Hots} | |
| Mega Wraps | |
| Inventory | |
| Binghamton Hots | |
| Mega Wraps | |
| Receivables | |
| Binghamton Hots | |
| Mega Wraps | |
| Payroll | |
| Binghamton Hots | |
| Mega Wraps | |
Training & Support |
|
| Training | |
| Binghamton Hots | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Mega Wraps | |
| Support | |
| 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. |
| Mega Wraps | |
| Marketing | |
| Binghamton Hots | |
| Mega Wraps | |
| Operations | |
| Binghamton Hots | |
| Mega Wraps | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Mega Wraps | 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 | |
| Binghamton Hots | |
| Mega Wraps | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Binghamton Hots | |
| Mega Wraps | |