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Updated RecentlyFarmer Boys vs Valentine Restaurant Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Farmer Boys vs Valentine Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,042,500 - $2,486,500 | $225,000 - $275,000 |
| Franchise Fee | $45,000 | $25,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | 2.5% |
| Year Founded | 1981 | 1979 |
| Year Franchised | 1997 | 1979 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 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/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: 480 hours Classroom Training: 60 hours | - |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Loyalty program/app | - |
| Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 30 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | Yes |
| International Expansion | No | - |
Company Overviews
About Farmer Boys
During the 1970s, brothers Makis and Chris Havadjias worked in restaurants to earn money for college. They helped the owners of one of those restaurants rebuild the establishment, and later bought it. With the experience they gained at that first restaurant, the brothers bought a poorly performing restaurant in Perris, California, that they built into Farmer Boys. With the help of their three other brothers, the Havadjias expanded Farmer Boys throughout Riverside and San Bernardino counties in Southern California. Each location serves hamburgers, sandwiches, salads and a full breakfast menu. The company began franchising in 1998.
#128 in Franchise 500 for 2021. Not ranked in 2020.
About Valentine Restaurant
The restaurant industry is known to be one of the most competitive fields to enter.
If you wish to enter the market in the restaurant field, you should hence partner with an organization that has already been proven to be successful. Valentine, with a solid reputation in the Quebec fast food industry since 1979, presents a judicious and profitable choice. Valentine has a recognized presence across Quebec, and has developed over the years, distinguished expertise and operational methods that have benefited the entire network.
Constantly innovating and in tune to the market trends, Valentine is a young and dynamic enterprise that is always on top of its game.
Why wait to join? Partner now with a winning organization and succeed in business!
At Valentine, our business model and the relationship of trust that
we’ve forged with our franchisees are the keys to our success. Over the
years Valentine has acquired a solid expertise and effective operational
procedures that benefit its entire franchise network throughout Quebec.