Iceberg Drive Inn vs Valentine Restaurant Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Iceberg Drive Inn vs Valentine Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Iceberg Drive Inn Franchise
Valentine Restaurant Franchise
Investment $132,500 - $556,000$225,000 - $275,000
Franchise Fee $25,000$25,000
Royalty Fee -5%
Advertising Fee -2.5%
Year Founded 19601979
Year Franchised 20011979
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Iceberg Drive Inn Franchise
Valentine Restaurant Franchise
Experience --

Financing Options
 
Iceberg Drive Inn Franchise
Valentine Restaurant Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Iceberg Drive Inn Franchise
Valentine Restaurant Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Iceberg Drive Inn Franchise
Valentine Restaurant Franchise
US Expansion --
Canada Expansion -Yes
International Expansion --

Company Overviews

About Iceberg Drive Inn

The first Iceberg Drive Inn was opened by Lamar Sorensen on April 12, 1960.  A local ice cream machine salesman named Hap Vitale had the idea for a building with a distinctive roof that served great milkshakes, burgers and fries.  He convinced Lamar to open this concept and Iceberg Drive Inn was born.  It was located on the corner of 900 East and 3900 South in Salt Lake City, Utah.  The building was originally designed to be moved after a few years as he was only renting the land at the time.  Many report that it was the first drive thru in the Salt Lake City area.  Lamar insisted that Drive Inn be spelled with two "n’s” as he felt it appeared friendlier to invite people to an "inn” rather than simply a "drive in”.

About Valentine Restaurant

The restaurant industry is known to be one of the most competitive fields to enter. If you wish to enter the market in the restaurant field, you should hence partner with an organization that has already been proven to be successful. Valentine, with a solid reputation in the Quebec fast food industry since 1979, presents a judicious and profitable choice. Valentine has a recognized presence across Quebec, and has developed over the years, distinguished expertise and operational methods that have benefited the entire network. Constantly innovating and in tune to the market trends, Valentine is a young and dynamic enterprise that is always on top of its game. Why wait to join? Partner now with a winning organization and succeed in business!
 
At Valentine, our business model and the relationship of trust that we’ve forged with our franchisees are the keys to our success. Over the years Valentine has acquired a solid expertise and effective operational procedures that benefit its entire franchise network throughout Quebec.