McDonald's vs The Carving Board Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of McDonald's vs The Carving Board including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
McDonald's Franchise
The Carving Board Franchise
Investment $1,314,500 - $2,306,500$314,500 - $621,500
Franchise Fee $45,000$35,000
Royalty Fee 4%-
Advertising Fee 4%+-
Year Founded 19552012
Year Franchised 19552016
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee $45K-


Business Experience Requirements
 
McDonald's Franchise
The Carving Board Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• A great franchise candidate for The Carving Board is not necessarily just someone who has food experience, although that could be a plus. The company is looking for people who are driven, willing to commit to the brand and want to be part of something bigger. Franchisees need the necessary capital to open a location, the willingness to learn and the ability to follow a proven system.

    Financing Options
     
    McDonald's Franchise
    The Carving Board Franchise
      In-House/3rd PartyIn-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
     
    McDonald's Franchise
    The Carving Board Franchise
    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
     
    McDonald's Franchise
    The Carving Board Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About McDonald's

    Ray Kroc, a milkshake mixer salesman, ventured to California in 1954 to visit McDonald's hamburger stand, where he heard they were running eight mixers at once. Kroc was impressed by how rapidly customers were served and, seeing an opportunity to sell many more milkshake machines, encouraged brothers Dick and Mac McDonald to open a chain of their restaurants. Kroc became their business partner and opened the first McDonald's in Des Plaines, Illinois in 1955.
    McDonald's brand is in 122 countries around the world. Thirty thousand locations serve 51 million customers each day. More than 70 percent of McDonald's restaurants around the world are owned and operated by independent local business people. Most standalone McDonald's restaurants offer both counter and drive-through service, with indoor and sometimes outdoor seating. The Drive-Thru, Auto-Mac, or McDrive as it is known in many countries, often has separate stations for placing, paying for, and picking up orders, though the former two steps are frequently combined. In some countries "McDrive" locations near highways offer no counter service or seating. In contrast, locations in high-density city neighborhoods often omit drive-through service.


    "Top   ""  "Entrepreneur

      "franchiserankingscom"                                                                                                                         
    #7 on Franchise Rankings.com                                                                                                                                                            
    #3 in Canada's top franchises.
    #3 in Franchise 500 for 2020
    #11 in Franchise 500 for 2021










    About The Carving Board

    The Carving Board is the bold answer to the classic sandwich joint. Ushering in a fresh era of industrial décor, today’s music, hand selected ingredients and over 50 different sandwich combinations, we are setting the new sandwich standard.


    Proprietary and proven operating systems and procedures
    POS system that helps you manage the business efficiently to maximize profits
    Inventory software to manage costs and minimize waste
    Exceptional training to achieve consistency in profitability, operations and practices
    Ongoing support, systems, and menu changes to keep up with current trends in the market.