|
Below is an in-depth analysis and side-by-side comparison of Sonic Drive In vs O'Burger including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,242,000 - $3,523,300 | $175,000 - $500,000 |
Franchise Fee | $45,000 | $30,000 - $40,000 |
Royalty Fee | 2.45-5% | - |
Advertising Fee | 3% | - |
Year Founded | 1954 | 1979 |
Year Franchised | 1959 | 2008 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | 10 years for $6K | - |
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: 400 hours Classroom Training: 24 hours Additional Training: At existing franchise location | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app | - |
Operations |
International franchisees required to buy multiple units/master licenses; 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
O'burger offers the best of both universes: delectable gourmet ground sirloin sandwiches served in an auspicious, fast-food way, and in an extremely agreeable and chic air. O'burger utilizes the finest fixings, for example, 100% immaculate Angus hamburger, and crisp hand-cut fries. O'burger is very one of a kind - what other eatery offers six unique sorts of cheddar to dress a burger? What about a few assortments of "poutines"? Gracious, and did we specify that O'burger likewise offers two distinct sorts of veggie burgers?
O'burger..., where awesome tasting fast food is NOT garbage sustenance...
Building achievement together O'Burger is centered around growing its system of establishments without trading off its devotion to giving buyers a one of a kind contrasting option to standard take-out admission. The way that O'Burger offers a mix of naturally arranged dinners and results of superb quality at a moderate value separates it from different establishments. You will profit by joining the inventive and innovative O'Burger family. O'Burger has composed, created and obtained particular procedures and has set up business and promoting systems. The experience and know-how that have made O'Burger establishments so fruitful can be yours.