Start-Up Costs and Fees |
||
| Burger King | Valentine Restaurant | |
| Investment | 333100 - 3398600 | 225000 - 275000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 4% | 2.50% |
| Year Founded | 1954 | 1979 |
| Year Franchised | 1961 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger King | Valentine Restaurant | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Burger King | Valentine Restaurant | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Burger King | Valentine Restaurant | |
| 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 | Valentine Restaurant | |
| US Expansion | ||
| Canada Expansion | Ontario, Quebec | |
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Burger King | |
| Valentine Restaurant | |
| Franchise Fee | |
| Burger King | |
| Valentine Restaurant | |
| Royalty Fee | |
| Burger King | 4.50% |
| Valentine Restaurant | 5% |
| Advertising Fee | |
| Burger King | 4% |
| Valentine Restaurant | 2.50% |
| Year Founded | |
| Burger King | 1954 |
| Valentine Restaurant | 1979 |
| Year Franchised | |
| Burger King | 1961 |
| Valentine Restaurant | 1979 |
| Term Of Agreement | |
| Burger King | 20 years |
| Valentine Restaurant | |
| Renewal Fee | |
| Burger King | $50K |
| Valentine Restaurant | |
Business Experience Requirements |
|
| Experience | |
| Burger King | Industry experience General business experience Marketing skills |
| Valentine Restaurant | |
Financing Options |
|
| Franchise Fees | |
| Burger King | No |
| Valentine Restaurant | No |
| Start-up Costs | |
| Burger King | |
| Valentine Restaurant | |
| Equipment | |
| Burger King} | |
| Valentine Restaurant | |
| Inventory | |
| Burger King | |
| Valentine Restaurant | |
| Receivables | |
| Burger King | |
| Valentine Restaurant | |
| Payroll | |
| Burger King | |
| Valentine Restaurant | |
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. |
| Valentine Restaurant | |
| Support | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Valentine Restaurant | |
| Marketing | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Valentine Restaurant | |
| Operations | |
| Burger King | |
| Valentine Restaurant | |
Expansion Plans |
|
| US Expansion | |
| Burger King | |
| Valentine Restaurant | |
| Canada Expansion | |
| Burger King | |
| Valentine Restaurant | Ontario, Quebec |
| International Expansion | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
| Valentine Restaurant | |