Start-Up Costs and Fees |
||
| Smashburger | Wendy's | |
| Investment | 743130 - 1404535 | 318850 - 3689350 |
| Franchise Fee | ||
| Royalty Fee | 5 - 6% | 4% |
| Advertising Fee | 2% | 3.5%Nat'l +0.5% Local |
| Year Founded | 2007 | 0 |
| Year Franchised | 2008 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smashburger | Wendy's | |
| Experience | Smashburger (Smashburger Franchising LLC) is seeking multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion and a proven record of success in the restaurant industry *Five years multi-unit restaurant management experience as an owner and/or operator *Experience operating a minimum business of 10 or more units *Minimum financial net worth of $2 million and liquidity of $500,000 *Typical development agreement commitment of 5-20 units *Operating, real estate and trade area experience in development territory *Dedicated support team for Smashburger *Ability to obtain a liquor license (where applicable) | 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 |
||
| Smashburger | Wendy's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Smashburger | 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 | Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Store Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution | 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 |
||
| Smashburger | Wendy's | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smashburger | |
| Wendy's | |
| Franchise Fee | |
| Smashburger | |
| Wendy's | |
| Royalty Fee | |
| Smashburger | 5 - 6% |
| Wendy's | 4% |
| Advertising Fee | |
| Smashburger | 2% |
| Wendy's | 3.5%Nat'l +0.5% Local |
| Year Founded | |
| Smashburger | 2007 |
| Wendy's | 0 |
| Year Franchised | |
| Smashburger | 2008 |
| Wendy's | 0 |
| Term Of Agreement | |
| Smashburger | |
| Wendy's | |
| Renewal Fee | |
| Smashburger | none |
| Wendy's | |
Business Experience Requirements |
|
| Experience | |
| Smashburger | Smashburger (Smashburger Franchising LLC) is seeking multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion and a proven record of success in the restaurant industry *Five years multi-unit restaurant management experience as an owner and/or operator *Experience operating a minimum business of 10 or more units *Minimum financial net worth of $2 million and liquidity of $500,000 *Typical development agreement commitment of 5-20 units *Operating, real estate and trade area experience in development territory *Dedicated support team for Smashburger *Ability to obtain a liquor license (where applicable) |
| 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 | |
| Smashburger | |
| Wendy's | |
| Start-up Costs | |
| Smashburger | |
| Wendy's | |
| Equipment | |
| Smashburger} | |
| Wendy's | |
| Inventory | |
| Smashburger | |
| Wendy's | |
| Receivables | |
| Smashburger | |
| Wendy's | |
| Payroll | |
| Smashburger | |
| Wendy's | |
Training & Support |
|
| Training | |
| Smashburger | |
| 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 | |
| Smashburger | Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Store Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution |
| 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 | |
| Smashburger | |
| Wendy's | |
| Operations | |
| Smashburger | |
| Wendy's | |
Expansion Plans |
|
| US Expansion | |
| Smashburger | |
| Wendy's | |
| Canada Expansion | |
| Smashburger | |
| Wendy's | 0 |
| International Expansion | |
| Smashburger | |
| Wendy's | |