Checkers Drive-In vs Hongkong Noodle Factory Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Checkers Drive-In vs Hongkong Noodle Factory including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Checkers Drive-In Franchise
Hongkong Noodle Factory Franchise
Investment $259,000 - $1,431,000$1,600
Franchise Fee $30,000$1,450
Royalty Fee 4%0
Advertising Fee 4.5%0
Year Founded 1986-
Year Franchised 1989-
Term Of Agreement 20 years3 years
Term Of Agreement 20 years3 years
Renewal Fee --


Business Experience Requirements
 
Checkers Drive-In Franchise
Hongkong Noodle Factory Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Checkers Drive-In Franchise
    Hongkong Noodle Factory Franchise
      In-House/3rd PartyIn-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
     
    Checkers Drive-In Franchise
    Hongkong Noodle Factory Franchise
    Training On-The-Job Training: 160-220 hours Classroom Training: 32-40 hours Additional Training: In training restaurant -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations --

    Expansion Plans
     
    Checkers Drive-In Franchise
    Hongkong Noodle Factory Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Checkers Drive-In

    Checkers Drive-In Restaurants, Inc. is the largest double drive-thru restaurant chain in the United States. Checkers develops, produces, owns, operates, and franchises quick service “double drive-thru” restaurants under the two brand names “Checkers" and “Rally’s Hamburgers". The restaurants are designed to provide fast and efficient automobile-oriented service and appeal to guests of all ages. The double drive-thru concept allows Checkers' and Rally’s Hamburgers to capitalize on the fact that approximately fifty percent of all quick-service food business is drive-thru. Guests can also enjoy a 1950’s flashback with walk-up ordering and outdoor dining in the outside picnic area at most locations.

    The total investment necessary to begin operation of a Checkers Restaurant (excluding real estate and related costs) is: $780,000 to $1,431,000 for a new modular design single drive-thru restaurant; $320,500 to $787,000 for a site built, conversion or used modular drive-thru restaurant; $259,700 to $648,000 for an endcap strip-center and gas/convenience restaurant; and $254,000 to $514,000 for a Non-Traditional, Walmart or in-line restaurant in a high-density market. This includes $10,000 to $50,000 that must be paid to the franchisor or an affiliate, plus $10,000 for each additional restaurant that you agree to develop under a development agreement.
    Veteran Incentives  Franchise fee waived
    ""     "Top     "Entrepreneur
    #11 in Gator's Top franchises.
    In Franchise Business Reviews Top 200.

    "franchiserankingscom"
    #76 on Franchise Rankings.com
    #198 in Franchise 500 for 2020.
    #162 in Franchise 500 for 2021.






    About Hongkong Noodle Factory

    E-Concept Business Consultancy, Inc. would like to extend our warmest welcome to you, our dear visitor! We here at E-Concept value 'People' and 'Service' as our most valuable asset. With a mix of western and eastern culture we come up with innovative solutions to cater for the ever changing Asian market. We provide franchise development and selling service for interested entrepreneur. Geared towards versatile and effective operation for positive profit potential. Also we have Marketing and Management Consultancy services for small and medium scale business who in turn need a good efficient system to integrate with their current operations. Franchise Package includes * Use of Name * Transfer Of Technology * Business System * Marketing Support * Pre Opening Assistance * Grand Opening * Post Opening * Recruitment and training of Crew * Orientation of Franchisee * Site Assistance * Permit Assistance * Free delivery of stocks within Metro Manila Item Setup 1. Outdoor Cart - Free 2. Operating Equipment & Utensils: * (1)Gulaman Container * (1)Super Kalan * (1)Showcase Cabinet * Frying Pan * Complete Set of Kitchen & Operating Utensils * (2)Set of uniform * NOTE: (1)Chest type freezer just add Php 5,000 3. Initial inventory worth Php 2,000