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Below is an in-depth analysis and side-by-side comparison of Back Yard Burgers vs Sophie's Cuban Cuisine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $465,000 - $1,680,000 | $365,000 - $611,000 |
Franchise Fee | $35,000 | $7,500 |
Royalty Fee | 5% | - |
Advertising Fee | 3% | - |
Year Founded | 1986 | 1997 |
Year Franchised | 1988 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1K | - |
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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 35 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Sophie's Cuban Cuisine serves freshly made home-style authentic Cuban cuisine delivered in a fast casual atmosphere, by a staff that treats you like friends and family.