Start-Up Costs and Fees |
||
| Burger King | Fat Patty's | |
| Investment | 333100 - 3398600 | 627533 - 1048500 |
| 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 | Fat Patty's | |
| Experience | Industry experience General business experience Marketing skills | -Working capital of $750,000 with good credit -Solid business experience sales and business experience required -Knowledge of the trade area where the store will be located -Passion for service |
Financing Options |
||
| Burger King | Fat Patty's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Burger King | Fat Patty's | |
| 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 | ||
Expansion Plans |
||
| Burger King | Fat Patty's | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Fat Patty's | |
| Franchise Fee | |
| Burger King | |
| Fat Patty's | |
| Royalty Fee | |
| Burger King | 4.50% |
| Fat Patty's | |
| Advertising Fee | |
| Burger King | 4% |
| Fat Patty's | |
| Year Founded | |
| Burger King | 1954 |
| Fat Patty's | 0 |
| Year Franchised | |
| Burger King | 1961 |
| Fat Patty's | 0 |
| Term Of Agreement | |
| Burger King | 20 years |
| Fat Patty's | |
| Renewal Fee | |
| Burger King | $50K |
| Fat Patty's | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Fat Patty's | -Working capital of $750,000 with good credit -Solid business experience sales and business experience required -Knowledge of the trade area where the store will be located -Passion for service |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Fat Patty's | No |
| Start-up Costs | |
| Burger King | |
| Fat Patty's | |
| Equipment | |
| Burger King} | |
| Fat Patty's | |
| Inventory | |
| Burger King | |
| Fat Patty's | |
| Receivables | |
| Burger King | |
| Fat Patty's | |
| Payroll | |
| Burger King | |
| Fat Patty's | |
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. |
| Fat Patty's | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Fat Patty's | |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Fat Patty's | |
| Operations | |
| Burger King | |
| Fat Patty's | |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Fat Patty's | |
| Canada Expansion | |
| Burger King | |
| Fat Patty's | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Fat Patty's | |