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Below is an in-depth analysis and side-by-side comparison of Jake's Over the Top vs Smashburger including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 - $350,000 | $743,130 - $1,404,535 |
Franchise Fee | $29,000 - $40,000 | $40,000 |
Royalty Fee | 5% | 5 - 6% |
Advertising Fee | 3% | 2% |
Year Founded | 1978 | 2007 |
Year Franchised | 1978 | 2008 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | none |
Business Experience Requirements |
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Experience | - | Smashburger (Smashburger Franchising LLC) is seeking multi-unit development partners domestically and internationally. To be considered, individuals or partnerships must meet the following minimum criteria: *Demonstrated enthusiasm, drive, and passion and a proven record of success in the restaurant industry *Five years multi-unit restaurant management experience as an owner and/or operator *Experience operating a minimum business of 10 or more units *Minimum financial net worth of $2 million and liquidity of $500,000 *Typical development agreement commitment of 5-20 units *Operating, real estate and trade area experience in development territory *Dedicated support team for Smashburger *Ability to obtain a liquor license (where applicable) |
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 | - | Real Estate and Site Selection Lease Approval Pre-opening Management Training Vendors and Equipment Store Opening Support Information Technology Marketing and Public Relations Operations Support Purchasing and Distribution |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Now seeking motivated, outgoing individuals looking to franchise and become a part of a fast growing community. We offer a winning combination of food brands that include The Taco Maker, Jake's Over the Top, and Mayan Juice - all available as part of the same outlet. We have locations in a variety of outlet types, with design formats to meet almost every need. Our facilities are designed to reflect specific motifs with state-of-the-art materials and equipment. All of this sets us apart from the competition. The creation of fine foods starts with kitchen and production lines that are clean and organized in such a way as to encourage efficiency and minimize waste. Franchise Opportunities are Available! The diversity of our multiple-brand outlets makes them the most successful opportunities available. Single-concept outlets are available when restrictive elements exist because of covenants or prior exclusivity on competing products. We have the ability to go into spaces from 400 square feet to 3500 square feet in traditional freestanding units, convenience stores, shopping malls, food courts, airports, and in-line strip centers, all of which have all proven their success.