|
Below is an in-depth analysis and side-by-side comparison of Wingstop vs Yaya's Flame Broiled Chicken including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $376,300 - $724,200 | $338,000 - $460,000 |
Franchise Fee | $30,000 | $15,000 |
Royalty Fee | 6% | 4% |
Advertising Fee | 4% | 3% |
Year Founded | 1994 | 1985 |
Year Franchised | 1998 | 1988 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 139 hours Classroom Training: 48 hours | - |
Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 10
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Wingstop Franchising LLC is the franchisor. Wingstop restaurants offer
chicken wings in a variety of highly-seasoned flavors. They also offer
fresh-cut French fries, other foods, and beverages, including beer and
wine where legally permitted. A Wingstop franchise entitles the
franchisee to operate one restaurant at an approved location.
YAYA'S Flame Broiled Chicken restaurants provide a unique opportunity for building an exciting and promising business of your own. After several years of developing, refining, and perfecting the YAYA'S flame broiling concept, we are ready to share this opportunity with individuals who wish to be associated with a top quaility, expanding franchised food business. YAYA'S utilizes an open kitchen concept. Food is cooked and prepared in view of the customer on an open gas-fired broiler. The sizzling sound of freshly cooked chicken, along with the aroma of flame broiling, provide an appetizing and appealing environment for our customers. The strong visual effects of the open-flame grills emphasize a fresh, natural, and healthy meal which reinforces the quality normally associated with broiled food products. This style of presentation positions YAYA'S as a moderately priced upscale fast food restaurant.