|
Below is an in-depth analysis and side-by-side comparison of Foster's Grille vs Burger 21 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $291,700 - $538,100 | $448,247 - $1,175,164 |
Franchise Fee | $35,000 | $27,000 - $40,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 1% -3% |
Year Founded | 1999 | 2010 |
Year Franchised | 2005 | 2011 |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Great food and good times are always on tap at Foster’s Grille, your
friendly neighborhood gathering place. Simple, fresh food. Served fast
and made to order. From our famous Charburgers to our jumbo wings,
extra-thick shakes and hand-cut fries, Foster’s is your go-to place to
join the family for dinner, catch the big game, relax for a few happy
hours or just grab take-out on the way home. It’s always the right time
for Foster’s.
Burger 21 is a new, innovative fast casual restaurant franchise concept that is changing consumers' expectations of the "better burger" category. With its chef-inspired creations, unique concept design and exceptional dining experience, Burger 21 is positioned for enormous growth.