Start-Up Costs and Fees |
||
| Steaks To Go | Burger King | |
| Investment | 110000 - 150000 | 333100 - 3398600 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | $250/wk. or 3% | 4.50% |
| Advertising Fee | 4% | |
| Year Founded | 1990 | 1954 |
| Year Franchised | 1995 | 1961 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Steaks To Go | Burger King | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Steaks To Go | Burger King | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Steaks To Go | 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 | Grand opening, Internet, Field operations/evaluations | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Steaks To Go | Burger King | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion | Canada, Western Europe, | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Steaks To Go | |
| Burger King | |
| Franchise Fee | |
| Steaks To Go | |
| Burger King | |
| Royalty Fee | |
| Steaks To Go | $250/wk. or 3% |
| Burger King | 4.50% |
| Advertising Fee | |
| Steaks To Go | |
| Burger King | 4% |
| Year Founded | |
| Steaks To Go | 1990 |
| Burger King | 1954 |
| Year Franchised | |
| Steaks To Go | 1995 |
| Burger King | 1961 |
| Term Of Agreement | |
| Steaks To Go | 5 years |
| Burger King | 20 years |
| Renewal Fee | |
| Steaks To Go | |
| Burger King | $50K |
Business Experience Requirements |
|
| Experience | |
| Steaks To Go | |
| Burger King | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Steaks To Go | No |
| Burger King | No |
| Start-up Costs | |
| Steaks To Go | |
| Burger King | |
| Equipment | |
| Steaks To Go} | |
| Burger King | |
| Inventory | |
| Steaks To Go | |
| Burger King | |
| Receivables | |
| Steaks To Go | |
| Burger King | |
| Payroll | |
| Steaks To Go | |
| Burger King | |
Training & Support |
|
| Training | |
| Steaks To Go | |
| 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 | |
| Steaks To Go | Grand opening, Internet, Field operations/evaluations |
| Burger King | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Steaks To Go | |
| Burger King | Co-op advertising, National media, Regional advertising |
| Operations | |
| Steaks To Go | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Burger King | |
Expansion Plans |
|
| US Expansion | |
| Steaks To Go | |
| Burger King | |
| Canada Expansion | |
| Steaks To Go | |
| Burger King | |
| International Expansion | |
| Steaks To Go | Canada, Western Europe, |
| Burger King | Africa, Asia, Canada, Eastern Europe, Middle East, Western Europe, |