Start-Up Costs and Fees |
||
| Mr. Hero | Burger 21 | |
| Investment | 113000 - 305000 | 448247 - 1175164 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 5% |
| Advertising Fee | 1% -3% | |
| Year Founded | 1965 | 2010 |
| Year Franchised | 1970 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Hero | Burger 21 | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Mr. Hero | Burger 21 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mr. Hero | Burger 21 | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mr. Hero | Burger 21 | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Hero | |
| Burger 21 | |
| Franchise Fee | |
| Mr. Hero | |
| Burger 21 | |
| Royalty Fee | |
| Mr. Hero | 5.50% |
| Burger 21 | 5% |
| Advertising Fee | |
| Mr. Hero | |
| Burger 21 | 1% -3% |
| Year Founded | |
| Mr. Hero | 1965 |
| Burger 21 | 2010 |
| Year Franchised | |
| Mr. Hero | 1970 |
| Burger 21 | 2011 |
| Term Of Agreement | |
| Mr. Hero | 10 years |
| Burger 21 | 10 years |
| Renewal Fee | |
| Mr. Hero | |
| Burger 21 | |
Business Experience Requirements |
|
| Experience | |
| Mr. Hero | Industry experience General business experience Marketing skills |
| Burger 21 | |
Financing Options |
|
| Franchise Fees | |
| Mr. Hero | No |
| Burger 21 | No |
| Start-up Costs | |
| Mr. Hero | |
| Burger 21 | |
| Equipment | |
| Mr. Hero} | |
| Burger 21 | |
| Inventory | |
| Mr. Hero | |
| Burger 21 | |
| Receivables | |
| Mr. Hero | |
| Burger 21 | |
| Payroll | |
| Mr. Hero | |
| Burger 21 | |
Training & Support |
|
| Training | |
| Mr. Hero | |
| Burger 21 | |
| Support | |
| Mr. Hero | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Burger 21 | *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas |
| Marketing | |
| Mr. Hero | Co-op advertising, Ad slicks, National media, Regional advertising |
| Burger 21 | |
| Operations | |
| Mr. Hero | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
| Burger 21 | |
Expansion Plans |
|
| US Expansion | |
| Mr. Hero | |
| Burger 21 | 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 | |
| Mr. Hero | |
| Burger 21 | |
| International Expansion | |
| Mr. Hero | |
| Burger 21 | |