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Below is an in-depth analysis and side-by-side comparison of Jack in the Box vs Coneys Frozen Custard including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,651,500 - $2,638,600 | $129,250 - $194,500 |
Franchise Fee | $50,000 | $19,500 |
Royalty Fee | 5% | 6% |
Advertising Fee | 5% | 4% |
Year Founded | 1951 | - |
Year Franchised | 1982 | - |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | 1,651,500 to $2,638,600 | 20% of current franchise fee |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Coney's Frozen Custard is a reasonably priced new franchise opportunity featuring a variety of award winning frozen custard items and food menu items. A Coney's Frozen Custard franchise will use the Coney's trademark, signage and distinctive exterior and interior design, trade dress, decor and color scheme. It makes sense to buy a franchise that will bring customers in and keep them coming back for more.