Jack in the Box vs Good Times Burgers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jack in the Box vs Good Times Burgers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$1,651,500 - $2,638,600 | $750,000 - And Up |
Franchise Fee |
$50,000 | N/A |
Royalty Fee |
5% | 4% |
Advertising Fee |
5% | up to 5.5% |
Year Founded |
1951 | - |
Year Franchised |
1982 | - |
Term Of Agreement |
20 years | 15 years |
Term Of Agreement |
20 years | 15 years |
Renewal Fee |
1,651,500 to $2,638,600 | - |
Business Experience Requirements |
Experience |
*Multi-unit restaurant operations experience
*Minimum liquidity of $750,000
*Minimum net worth of $1.5 million
*Ability to acquire and/or develop at least 5 restaurants
*Operating partner is an equity partner and resides in the desired market
| - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
On-The-Job Training: 183 hours
Classroom Training: 110 hours
| - |
Support |
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Jack in the Box
Jack in the Box is among the nation's leading fast-food hamburger chains, with more than 2000 quick-serve restaurants in 17 states.
Jack in the Box Inc. (JACK) is offering a unique opportunity to franchise with one of the most popular brands in the quick-serve restaurant ("QSR") industry. The company's emphasis on operational efficiency and franchisee-focused value innovation has led JACK to become one of the most respected and sought after brands in the industry. The company is looking to establish relationships with select multi-unit franchise operators of non-competitive brands to franchise partial or whole markets as the brand approaches reaching its goal of being an 80% franchised chain.
In select seed markets- Cincinnati, Indianapolis, Kansas City, Oklahoma City and Tulsa, growth starts with an acquisition. Franchise recently opened company restaurants and use these locations as a platform for future market development. Seeking new franchisees to develop Amarillo, Champaign, Little Rock, Louisville and Salt Lake City. New Market Development Program: Royalty fees reduced, franchise fee waived, up to 75% of advertising fee invested into local marketing. Restrictions apply and development fees still applicable.
#15 on Franchise Rankings.com
About Good Times Burgers
Good Times offers a concept that serves success, opportunity and fun. We provide our franchisees with a high level of support and personal care throughout the franchise process. Good Times seeks both individual and multi-unit development franchisees for development in western and mid-western markets.
We are a quick service restaurant chain serving a high quality, fresh,
unique, proprietary selection of hamburgers made with Meyer All-Natural,
All-Angus beef, All-Natural chicken from Springer Mountain Farms, Hatch
Valley Green Chile Breakfast Burritos, signature Wild Fries and Natural
Cut Fries, Beer Battered Onion Rings and fresh, creamy Frozen Custard
in a variety of flavors, hand-spun shakes and Spoonbenders.