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Below is an in-depth analysis and side-by-side comparison of The Flame Broiler Restaurant vs AllStar Wings & Ribs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $380,116 - $609,763 | $772,500 - $1,093,286 |
Franchise Fee | $35,000 | $45,000 |
Royalty Fee | 5% | - |
Advertising Fee | 3% | - |
Year Founded | 1995 | 2003 |
Year Franchised | 1999 | 0 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | It helps to have specific knowledge of the industry. It is not necessary to be a foodservice professional to successfully operate the business. The "Extraordinary Training" function is specifically designed to educate and train franchisees that do not have significant experience. |
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 | On-The-Job Training: 68-148 hours Classroom Training: 12 hours | 8 weeks at Home Office. Initial Training covers the A to Z of running your restaurant. We supply The AllStar Operation Manuals, Employee Handbooks and Training Manuals. The application of the operating system is thoroughly covered during training. This includes: Staff recruitment and management Supply Chain Management and Inventory Control Food Preparation and Presentation Advertising and Marketing Financial and Business Administration All other topics relevant to running your Franchised Business. Training is ongoing for everyone in the AllStar System and is accomplished at regional meetings, by on-site visits to individual franchises, newsletters and on-going research and development of the System. |
Support | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations | Pre and Post Opening site support as well as on-going support. |
Marketing | Regional Advertising | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 8 | We prefer owner/operators. We will consider an arrangement in which one shareholder is silent Your partner must be a working shareholder holding a minimum of 10% of the shares. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
The first The Flame Broiler, The Rice Bowl King restaurant opened in 1995 in Fullerton, California. Young Lee, who had graduated from UCLA with a degree in Economics and had joined the workforce, often found himself on the road during his workday. As a result, he often found himself grabbing a quick bite to eat for lunch at many different fast food restaurants. Very entrepreneurial in nature, Young Lee set out to create a better, healthier alternative to the fast food he had to choose from while working. This led him to open the first The Flame Broiler, The Rice Bowl King restaurant, which served simple, healthy, fast food and family-style Korean food.
Word about the new restaurant spread, and Young Lee found himself extremely busy during lunch. He quickly developed a very broad customer base; The Flame Broiler, The Rice Bowl King appealed to all ethnicities. The restaurant was a success. Not only did the concept appeal to a diverse group of people, but Young Lee was able to operate on a very low budget, with virtually no waste.
Because of the restaurant’s popularity and success, Young Lee opened a second restaurant in Santa Ana in 1995. Both restaurants have continued to prosper over the years. Then in April of 1999, Young Lee opened a third restaurant in Anaheim, which would be owned and run by his brother. And he has also developed his own proprietary recipe for the Teriyaki sauce served at The Flame Broiler The Rice Bowl King.
Word about The Flame Broiler The Rice Bowl King continued to spread. The Flame Broiler The Rice Bowl King had become so popular on the West Coast that customers began asking Young Lee to franchise, which is what he decided to do in 1999. Young Lee saw franchising as a way to provide even more customers with a better, healthy alternative to fast food while maintaining the high level of service and food quality for which The Flame Broiler The Rice Bowl King is so well known.
Young Lee realizes that franchisees, who have a vested interest in their businesses, will be more dedicated partners in the growth process. By successfully operating their individual The Flame Broiler The Rice Bowl King restaurants, the entire franchise network will have the ability to expand (first through California, then across the nation and eventually internationally), benefit from each others' innovations, and maintain long-term stability. He also realizes that future growth and success can be achieved through the combined efforts of franchisees who have ownership in a business and who have ties to their local communities.