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Below is an in-depth analysis and side-by-side comparison of McDonald's 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 | $1,314,500 - $2,306,500 | $279,000 - $493,000 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | 4%+ | - |
Year Founded | 1955 | 2006 |
Year Franchised | 1955 | 2007 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $45K | - |
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/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 500 hours Classroom Training: 72 hours Additional Training: At local McDonald's restaurant | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
82% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
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.