|
Below is an in-depth analysis and side-by-side comparison of Chester's vs Nando's Chickenland (West) Ltd including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $12,385 - $277,313 | $550,000 - $650,000 |
Franchise Fee | $3,500 | $35,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 3% |
Year Founded | 1952 | 1994 |
Year Franchised | 2004 | 1999 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/- |
Start-up Costs | No/Yes | No/- |
Equipment | No/Yes | No/- |
Inventory | No/No | No/- |
Receivables | No/No | No/- |
Payroll | No/No | No/- |
Training & Support |
||
Training | On-The-Job Training: 30 hours Classroom Training: 3 hours Ongoing training as required | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
Marketing | Ad Templates Social media | - |
Operations |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 8
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)
| - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Quick casual dining restaurant chain specializing in Portuguese flame grilled chicken. Part of an international franchise company with over 550 stores in 32 countries around the world.