Start-Up Costs and Fees |
||
| Hongkong Noodle Factory | Burger King | |
| Investment | 1600 - 1600 | 333100 - 3398600 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 4.50% |
| Advertising Fee | 0 | 4% |
| Year Founded | 0 | 1954 |
| Year Franchised | 0 | 1961 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hongkong Noodle Factory | Burger King | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Hongkong Noodle Factory | Burger King | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hongkong Noodle Factory | Burger King | |
| 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 |
||
| Hongkong Noodle Factory | Burger King | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hongkong Noodle Factory | |
| Burger King | |
| Franchise Fee | |
| Hongkong Noodle Factory | |
| Burger King | |
| Royalty Fee | |
| Hongkong Noodle Factory | 0 |
| Burger King | 4.50% |
| Advertising Fee | |
| Hongkong Noodle Factory | 0 |
| Burger King | 4% |
| Year Founded | |
| Hongkong Noodle Factory | 0 |
| Burger King | 1954 |
| Year Franchised | |
| Hongkong Noodle Factory | 0 |
| Burger King | 1961 |
| Term Of Agreement | |
| Hongkong Noodle Factory | 3 years |
| Burger King | 20 years |
| Renewal Fee | |
| Hongkong Noodle Factory | |
| Burger King | $50K |
Business Experience Requirements |
|
| Experience | |
| Hongkong Noodle Factory | |
| Burger King | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Hongkong Noodle Factory | |
| Burger King | |
| Start-up Costs | |
| Hongkong Noodle Factory | |
| Burger King | |
| Equipment | |
| Hongkong Noodle Factory} | |
| Burger King | |
| Inventory | |
| Hongkong Noodle Factory | |
| Burger King | |
| Receivables | |
| Hongkong Noodle Factory | |
| Burger King | |
| Payroll | |
| Hongkong Noodle Factory | |
| Burger King | |
Training & Support |
|
| Training | |
| Hongkong Noodle Factory | |
| 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. |
| Support | |
| Hongkong Noodle Factory | |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Hongkong Noodle Factory | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Operations | |
| Hongkong Noodle Factory | |
| Burger King | |
Expansion Plans |
|
| US Expansion | |
| Hongkong Noodle Factory | |
| Burger King | |
| Canada Expansion | |
| Hongkong Noodle Factory | |
| Burger King | |
| International Expansion | |
| Hongkong Noodle Factory | |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |