Start-Up Costs and Fees |
||
| Binghamton Hots | Wild Noodles | |
| Investment | 122850 - 213450 | 273500 - 350000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 0 | 2001 |
| Year Franchised | 0 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Binghamton Hots | Wild Noodles | |
| 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. | Past management experience |
Financing Options |
||
| Binghamton Hots | Wild Noodles | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Binghamton Hots | Wild Noodles | |
| 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. | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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 |
||
| Binghamton Hots | Wild Noodles | |
| 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 | |
| Binghamton Hots | |
| Wild Noodles | |
| Franchise Fee | |
| Binghamton Hots | |
| Wild Noodles | |
| Royalty Fee | |
| Binghamton Hots | 5% |
| Wild Noodles | 5% |
| Advertising Fee | |
| Binghamton Hots | 2% |
| Wild Noodles | |
| Year Founded | |
| Binghamton Hots | 0 |
| Wild Noodles | 2001 |
| Year Franchised | |
| Binghamton Hots | 0 |
| Wild Noodles | 2003 |
| Term Of Agreement | |
| Binghamton Hots | 10 years +5+5 |
| Wild Noodles | 20 years |
| Renewal Fee | |
| Binghamton Hots | |
| Wild Noodles | 1/2 of current franchise fee |
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. |
| Wild Noodles | Past management experience |
Financing Options |
|
| Franchise Fees | |
| Binghamton Hots | No |
| Wild Noodles | No |
| Start-up Costs | |
| Binghamton Hots | |
| Wild Noodles | |
| Equipment | |
| Binghamton Hots} | |
| Wild Noodles | |
| Inventory | |
| Binghamton Hots | |
| Wild Noodles | |
| Receivables | |
| Binghamton Hots | |
| Wild Noodles | |
| Payroll | |
| Binghamton Hots | |
| Wild Noodles | |
Training & Support |
|
| Training | |
| Binghamton Hots | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Wild Noodles | |
| 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. |
| Wild Noodles | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Binghamton Hots | |
| Wild Noodles | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Binghamton Hots | |
| 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) |
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 |
| Wild Noodles | |
| Canada Expansion | |
| Binghamton Hots | |
| Wild Noodles | 0 |
| International Expansion | |
| Binghamton Hots | |
| Wild Noodles | |