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Below is an in-depth analysis and side-by-side comparison of Burger King vs Coney Beach 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 | $279,000 - $493,000 |
Franchise Fee | $50,000 | $25,000 |
Royalty Fee | 4.5% | 6% |
Advertising Fee | 4% | - |
Year Founded | 1954 | 2006 |
Year Franchised | 1961 | 2007 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
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 | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
NO LONGER FRANCHISING
Coney Beach is a retro, shoreline enlivened, gourmet wiener and ground sirloin sandwich eatery and the third quick easygoing idea from Beautiful Brands International. In cludes all meat normal packaging wieners, gourmet Black Angus ground sirloin sandwiches, and clean hotdogs. Crisp buns, stacked fries, stew, and every one of the trimmings complement the menu to make an assortment of coneys and burgers. Adjusting the choices is a super cold drink bar with antiquated packaged soft drinks and exceptional lagers from the area and additionally great frozen yogurt buoys and shakes.
"There's most likely the market is ready for a gourmet sausage and burger eatery," said Beautiful Brands organizer, president and CEO David Rutkauskas. "Franchisees and territory designers see the fantastic open door in this inexorably solid class."
Indeed, even before Coney Beach appeared, Rutkauskas had marked the eatery's initial two franchisees with advancement starting in Tulsa and Jackson, Miss., with other target zones of St. Louis; Kansas City, Kan.; Dallas; Houston; Oklahoma City; Birmingham, Ala.; Atlanta; Little Rock, Ark.; Omaha, Neb.; and Chicago.