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Below is an in-depth analysis and side-by-side comparison of Hero Certified Burgers vs Bagger Daves including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $60,000 - $80,000 | N/A |
Franchise Fee | $25,000 | N/A |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 2003 | - |
Year Franchised | 2003 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
When you buy a franchise, you take a leap of faith. You know that success depends on sacrifice, dedication and hard work, but you also know that it can be an exciting journey with many rewards.
You’ve considered HERO because our brand reputation is solid, our sustainable food is excellent, and our training and support exceptional.
We have remained focused to our commitment to our customers to
make every visit to Hero Burgers a special one. Every time they think of
having a freshly prepared, made to order, a better for you burger….
their first choice will be Hero Certified Burgers.
We’ve come a long way since we launched our first restaurant in 2003, with 50 locations now in operation in Ontario, Manhattan New York, and Montreal.
But success never sleeps.
Join the HERO family and be our partner on the next leg of the journey.
Our goal is to deliver the best tasting food and the highest quality service in a clean environment for a fair price. Our commitment to quality ensures that all our burgers are from natural free-range beef and hormone-free and antibiotic-free, cooked medium-well.Bagger Dave's Franchising Corporation has: *More than 50 years combined experience in restaurant management and operations *Proven track record of aggressively developing multi-unit restaurant systems *Infrastructure in place for the development of the brand and to support the franchisee community *Commitment to guest service, food quality, communication, and support We're looking for experienced restaurant operators to grow the Bagger Dave's burger franchise concept.