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Below is an in-depth analysis and side-by-side comparison of Bennigan's Grill & Tavern vs Bombers Burrito Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,027,075 - $3,588,244 | $500,000 - $800,000 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | 4% | 4% |
Advertising Fee | 1% | 2% |
Year Founded | 1976 | 1997 |
Year Franchised | 1976 | 2012 |
Term Of Agreement | 15 years | 10 years +10 |
Term Of Agreement | 15 years | 10 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | �Has prior management level experience in food service and/or restaurant operations. �Willingness to follow our proven operating system �A solid business person with a strong desire to succeed �Possesses experience in restaurant franchising �Meets the financial requirements | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Bennigan's, or a designated third party, will provide training to you and your restaurant team. Your management team will be required to complete a 6 to 8 week training program based on prior experience. Onsite training will be provided to entire team before restaurant opening. All parties must successfully complete the training to the satisfaction of the Bennigan's Operations/Training team prior to opening your restaurant. We believe great training equals lower turnover and stronger guest retention. Therefore, we provide continued support to team members. Bennigan's University, our online learning module, helps drive the retention of both staff and guests. | - |
Support | For the pre-opening of your first Bennigan's, members of our Operations and Marketing Teams will assist you from 45 days prior to your Grand Opening. Marketing Support: Our goal is to help you successfully market your brand. We put a marketing calendar in place to help drive sales, increase check average and guest count. Marketing tools provided include: Intranet, Email Marketing, Social Media Support, New Photography, Pipeline Items/Menu Development. | - |
Marketing | Co-op advertising | In addition to the Grand Opening marketing campaign, Bombers Burrito Bar, Inc. will be responsible for all marketing materials and advertisements in your area. An additional 2% of gross sales is pledged by each individual Franchisee for local marketing. |
Operations |
Franchisees required to buy multiple units/master licenses; 98% of all franchisees own more than one unit Number of employees needed to run franchised unit: 100 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | We advise that an owner is involved in a full-time capacity at the restaurant and is responsible for the day-to-day operations of your Bombers Burrito Bar. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
We are very excited to announce thatBombers Burrito Bar, Inc. is soon launching our very own Franchise Program! We have received an overwhelming interest from people all over the country who are looking to be part of the exciting growth that Bombers Burrito Bar is experiencing. Having spent the past few years fine-tuning our operations so that our costs are low and the profits are high, we are certain you will be proud to be aBombers Burrito Bar OWNER! Our franchise fee includes: On-site restaurant and bar planning to create the ideal and most efficient design for your Bombers Burrito Bar space. *Easy-to-understand operating manuals, procedures, and restaurant management systems. *Realty supervision to ensure maximum lease or property purchase benefits. *Complete training for your General Managers and staff. *Ongoing support from the Bombers Burrito Bar finance and restaurant operations team... available when you need us! *Continual system updates to maximize profits. *Low Cost of Goods Sold because of your participation with Bombers Burrito Bar's approved vendors and suppliers. *All architectural specifications for restaurant equipment, fixtures and millwork. *The benefit of our years of our team's first hand experience in running a very successful Bombers Burrito Bar!