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Below is an in-depth analysis and side-by-side comparison of Burger King vs Million Snacks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $333,100 - $3,398,600 | $109,050 - $302,000 |
Franchise Fee | $50,000 | $2,000 |
Royalty Fee | 4.5% | 5% |
Advertising Fee | 4% | 1% |
Year Founded | 1954 | 2009 |
Year Franchised | 1961 | 2009 |
Term Of Agreement | 20 years | 7 years |
Term Of Agreement | 20 years | 7 years |
Renewal Fee | $50K | - |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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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 | Co-op Advertising Ad Templates Regional Advertising |
Operations | - | |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
At Million Snacks our mission is to give everyone an opportunity to own their own business while securing their future and financial goals. We know that taking the plunge into owning a business can be difficult, especially after layoffs or career changes. One of the most successful ways to maneuver into owning a business is through franchising. With that in mind, Million Snacks has perfected their franchise model to make it one of the most affordable in the industry.
When you compare a Million Snacks Franchise Opportunity to some of the most popular fast food eateries on the market, we have the lowest franchising fee, lowest royalty fee in the snack food industry, and low startup costs. We have purposely made our franchise model MUCH more affordable.
Why pay more to make your business dreams a reality, and to get your financial goals heading in the right direction?
Why pay more than you need to when a Million Snacks Franchise offers you
- A quality menu that provides much healthier alternatives to the average junk food sold by our competitors.
- Startup cost flexibility using Express and Standard Models to create the size service store you want.
- Assistance and training in your franchise.
If you're ready to start, we're ready to show you how... with a proven system that works!
We guide you through the process and offer the support you need in order to help you succeed.