Start-Up Costs and Fees |
||
| Burger King | Bagger Daves | |
| Investment | 333100 - 3398600 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 0 |
| Year Franchised | 1961 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Bagger Daves | |
| Experience | Industry experience General business experience Marketing skills | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
||
| Burger King | Bagger Daves | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Burger King | Bagger Daves | |
| Training | 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 | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required | |
Expansion Plans |
||
| Burger King | Bagger Daves | |
| 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 | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Bagger Daves | |
| Franchise Fee | |
| Burger King | |
| Bagger Daves | |
| Royalty Fee | |
| Burger King | 4.50% |
| Bagger Daves | |
| Advertising Fee | |
| Burger King | 4% |
| Bagger Daves | |
| Year Founded | |
| Burger King | 1954 |
| Bagger Daves | 0 |
| Year Franchised | |
| Burger King | 1961 |
| Bagger Daves | 0 |
| Term Of Agreement | |
| Burger King | 20 years |
| Bagger Daves | |
| Renewal Fee | |
| Burger King | $50K |
| Bagger Daves | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Bagger Daves | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Bagger Daves | No |
| Start-up Costs | |
| Burger King | |
| Bagger Daves | |
| Equipment | |
| Burger King} | |
| Bagger Daves | |
| Inventory | |
| Burger King | |
| Bagger Daves | |
| Receivables | |
| Burger King | |
| Bagger Daves | |
| Payroll | |
| Burger King | |
| Bagger Daves | |
Training & Support |
|
| Training | |
| 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. |
| Bagger Daves | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Bagger Daves | |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Bagger Daves | |
| Operations | |
| Burger King | |
| Bagger Daves | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Bagger Daves | 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 | |
| Burger King | |
| Bagger Daves | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Bagger Daves | |