Start-Up Costs and Fees |
||
| Burger King | Hamburger Mary's | |
| Investment | 333100 - 3398600 | 417150 - 955500 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4.50% | 4% (on first $150K monthly gross), 3% (on monthly gross above $150K) |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 1972 |
| Year Franchised | 1961 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Hamburger Mary's | |
| Experience | Industry experience General business experience Marketing skills | Industry experience One partner must have bar/restaurant management experience |
Financing Options |
||
| Burger King | Hamburger Mary's | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Burger King | Hamburger Mary'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 | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | 8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Burger King | Hamburger Mary's | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, | Australia,New Zealand, Mexico, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Hamburger Mary's | |
| Franchise Fee | |
| Burger King | |
| Hamburger Mary's | |
| Royalty Fee | |
| Burger King | 4.50% |
| Hamburger Mary's | 4% (on first $150K monthly gross), 3% (on monthly gross above $150K) |
| Advertising Fee | |
| Burger King | 4% |
| Hamburger Mary's | |
| Year Founded | |
| Burger King | 1954 |
| Hamburger Mary's | 1972 |
| Year Franchised | |
| Burger King | 1961 |
| Hamburger Mary's | 1999 |
| Term Of Agreement | |
| Burger King | 20 years |
| Hamburger Mary's | 5 years |
| Renewal Fee | |
| Burger King | $50K |
| Hamburger Mary's | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Hamburger Mary's | Industry experience One partner must have bar/restaurant management experience |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Hamburger Mary's | No |
| Start-up Costs | |
| Burger King | |
| Hamburger Mary's | |
| Equipment | |
| Burger King} | |
| Hamburger Mary's | |
| Inventory | |
| Burger King | |
| Hamburger Mary's | |
| Receivables | |
| Burger King | |
| Hamburger Mary's | |
| Payroll | |
| Burger King | |
| Hamburger Mary'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. |
| Hamburger Mary's | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Hamburger Mary's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Hamburger Mary's | |
| Operations | |
| Burger King | |
| Hamburger Mary's | 8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Hamburger Mary's | |
| Canada Expansion | |
| Burger King | |
| Hamburger Mary's | |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Hamburger Mary's | Australia,New Zealand, Mexico, Western Europe, |