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Updated RecentlyBurger King vs Tin Drum Asia Cafe Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Burger King vs Tin Drum Asia Cafe 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 | $400,800 - $617,250 |
| Franchise Fee | $50,000 | $49,000 - $99,000 |
| Royalty Fee | 4.5% | 6% |
| Advertising Fee | 4% | 1.5% |
| Year Founded | 1954 | 2003 |
| Year Franchised | 1961 | 0 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | $50K | 50% of franchise fee |
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 | - | We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses. |
Expansion Plans |
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| US Expansion | - | No |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Burger King
In 1954, James McLamore and David Edgerton opened the first Burger King restaurant in Miami; selling 18 cent broiled hamburgers and milkshakes. Three years later, the company's signature Whopper was introduced, selling for 37 cents a piece. Today Burger King restaurants serve chicken nuggets, salads, a breakfast menu and kids meals. In 1998, the company opened its 10,000th location in Sydney, Australia.
The franchise granted can be operated at one of three locations and facility types:!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png")
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- Institutional Locations: “Institutional locations” include government buildings and facilities, medical facilities, airports, train and bus stations, sports facilities, factories, corporate campuses, turnpikes, limited access toll roads, theme parks, zoos and educational facilities.
- Traditional Burger King Restaurant Facility: A self-contained, full size Burger King Restaurant which is located and operated on a site as a freestanding building or within another building structure such as a shopping mall. A Traditional Burger King Restaurant does not share any common areas with any other businesses and serves the standard approved menu for Burger King Restaurants.
- Non-Traditional Burger King Facility: A Burger King Restaurant may be located at a site which includes other businesses, such as retail, food service, gas stations, convenience stores, other franchised businesses or restaurants or other similar facilities.
#37 in Canada's top franchises.
About Tin Drum Asia Cafe
Founded in 2003, Tin Drum was created to reflect the bustling street-side cafes found throughout Asia. With the limited service operating model of fast casual and the dining experience of full casual, Tin Drum Asia Cafe is setting a new standard for the Fast Casual Dining franchise model. We call it "Fresh Casual." Our menu carries bold and broad flavor profiles; all food is cooked fresh to order in an open kitchen; the food is delivered to the guest at their table rather than being picked up at a counter; all this taking place in an environment with an elevated decor meant to evoke a bustling Asian street market.
10% discount for veterans off initial franchise fee