Start-Up Costs and Fees |
||
| Coneys Frozen Custard | Wendy's | |
| Investment | 129250 - 194500 | 318850 - 3689350 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4% |
| Advertising Fee | 4% | 3.5%Nat'l +0.5% Local |
| Year Founded | 0 | 0 |
| Year Franchised | 0 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Coneys Frozen Custard | Wendy's | |
| Experience | Wendy's is actively pursuing prospective franchisees who: * Are interested in pursuing multi-unit opportunities through the acquisition of existing restaurants or the development of new restaurants * Are multi-unit operators who have extensive restaurant experience (preferably quick service) with proven leadership skills * Are committed to operational excellence, customer service and a strong willingness to learn and practice the Wendy's business model * Demonstrate exceptional managerial and business acumen * Are committed to the advancement and growth of their business * Have access to adequate capital for reinvestment in Wendy’s Image Activation program and new restaurant development. | |
Financing Options |
||
| Coneys Frozen Custard | Wendy's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Coneys Frozen Custard | Wendy's | |
| Training | Initial and on-going manager and crew level training programs focus on what is needed to provide Wendy’s --A Cut Above-- total customer experience as well as providing management training on various business skills. | |
| Support | Franchisees receive on-going direct support from our skilled operators at the field level. We strive for A-level operations at every restaurant and provide the tools, resources and training to achieve superior customer service levels while maintaining restaurant level profit margins. | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Coneys Frozen Custard | Wendy's | |
| 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 | |
| Coneys Frozen Custard | |
| Wendy's | |
| Franchise Fee | |
| Coneys Frozen Custard | |
| Wendy's | |
| Royalty Fee | |
| Coneys Frozen Custard | 6% |
| Wendy's | 4% |
| Advertising Fee | |
| Coneys Frozen Custard | 4% |
| Wendy's | 3.5%Nat'l +0.5% Local |
| Year Founded | |
| Coneys Frozen Custard | 0 |
| Wendy's | 0 |
| Year Franchised | |
| Coneys Frozen Custard | 0 |
| Wendy's | 0 |
| Term Of Agreement | |
| Coneys Frozen Custard | 10 years |
| Wendy's | |
| Renewal Fee | |
| Coneys Frozen Custard | 20% of current franchise fee |
| Wendy's | |
Business Experience Requirements |
|
| Experience | |
| Coneys Frozen Custard | |
| Wendy's | Wendy's is actively pursuing prospective franchisees who: * Are interested in pursuing multi-unit opportunities through the acquisition of existing restaurants or the development of new restaurants * Are multi-unit operators who have extensive restaurant experience (preferably quick service) with proven leadership skills * Are committed to operational excellence, customer service and a strong willingness to learn and practice the Wendy's business model * Demonstrate exceptional managerial and business acumen * Are committed to the advancement and growth of their business * Have access to adequate capital for reinvestment in Wendy’s Image Activation program and new restaurant development. |
Financing Options |
|
| Franchise Fees | |
| Coneys Frozen Custard | |
| Wendy's | |
| Start-up Costs | |
| Coneys Frozen Custard | |
| Wendy's | |
| Equipment | |
| Coneys Frozen Custard} | |
| Wendy's | |
| Inventory | |
| Coneys Frozen Custard | |
| Wendy's | |
| Receivables | |
| Coneys Frozen Custard | |
| Wendy's | |
| Payroll | |
| Coneys Frozen Custard | |
| Wendy's | |
Training & Support |
|
| Training | |
| Coneys Frozen Custard | |
| Wendy's | Initial and on-going manager and crew level training programs focus on what is needed to provide Wendy’s --A Cut Above-- total customer experience as well as providing management training on various business skills. |
| Support | |
| Coneys Frozen Custard | |
| Wendy's | Franchisees receive on-going direct support from our skilled operators at the field level. We strive for A-level operations at every restaurant and provide the tools, resources and training to achieve superior customer service levels while maintaining restaurant level profit margins. |
| Marketing | |
| Coneys Frozen Custard | |
| Wendy's | |
| Operations | |
| Coneys Frozen Custard | |
| Wendy's | |
Expansion Plans |
|
| US Expansion | |
| Coneys Frozen Custard | 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 |
| Wendy's | |
| Canada Expansion | |
| Coneys Frozen Custard | |
| Wendy's | 0 |
| International Expansion | |
| Coneys Frozen Custard | |
| Wendy's | |