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Below is an in-depth analysis and side-by-side comparison of The Firkin Group of Pubs vs King's BierHaus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $297,900 - $1,000,000 | $1,185,500 - $1,659,000 |
Franchise Fee | $30,000 | $50,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 2% + 1% local |
Year Founded | 1987 | - |
Year Franchised | 1987 | - |
Term Of Agreement | 10-20 years | - |
Term Of Agreement | 10-20 years | - |
Renewal 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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Our Firkin training helps franchisees learn about running a successful and most importantly, profitable business. Every franchisee is required to complete an intense, mandatory training session over the course of 4 weeks that encompasses every aspect of the Firkin business. From day one, franchisees also have access to highly coveted, one of a kind, training materials including: * F.U. Firkin University in-house * F.U. Firkin University online * Firkin Autopilot �" franchisee intranet | - |
Support | Meetings, Purchasing cooperatives | Franchisees receive the full support of our expertise and experience and take advantage of our full suite of services including: -Real estate/Site selection -Marketing and brand building -Store build-out/Construction -Vendor and equipment selection -Training systems -Pre-opening/Grand opening support -Operational support -Business consulting -Recipe and menu development |
Marketing | - | - |
Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
King’s BierHaus provides an innovative "hybrid casual" model with multiple dining experiences, award winning food, and incredible service.
King's BierHaus is looking for franchisees who are focused on exceptional operations and customer service, and who are interested in developing multi-unit franchise territories in the 40 largest media markets in the United States.
"We create a unique experience for a guest to forget their outside world for a while. We realized that a restaurant can be so much more than a restaurant.”