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Below is an in-depth analysis and side-by-side comparison of Fulton Market Burger Company vs The Burger Joint including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $275,000 - $405,000 | $195,800 - $589,800 |
Franchise Fee | $15,000 | $40,000 |
Royalty Fee | 4% | 5.5% |
Advertising Fee | 2% | 1%Nat'l + 1%Local |
Year Founded | 1999 | - |
Year Franchised | 2004 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Restaurant experience is preferred, but we will consider prospects who posses strong leadership and management skills and have a history of successfully operating in a service oriented business. |
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 | - | You (and any key operations management) will be required to attend and successfully complete our Initial Training program. The Initial Training program may last up to seventeen (17) days, and must be completed prior to your opening each Restaurant. A BGR representative will be on site just prior to your opening, and immediately following your opening, to help support you during this important phase. |
Support | - | - |
Marketing | - | BGR trademark and logo specifications, which are continually modified and expanded based on the impact of each specific marketing and promotional campaign we implement in our local markets. |
Operations | - | BGR has developed a POS for the operation of the Restaurants and management reporting purposes. The BGR POS interfaces with ADP for time clock purposes and payroll processing. Provided your accounting software can empower you to efficiently and effectively produce financial statements (which will be per our Chart of Accounts), BGR will accept most brand name accounting software systems. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
As an effective business operator, you wish to minimize risk and maximize profit. That is exactly what successful franchising is all about. Franchised businesses have a higher success rate than independent businesses. This is a fact. It is generally accepted that an estimated 40% of all non-franchised businesses do not make it to the end of their first year of operation, and 80% will fail within their first five years of operation. And even the 20% that do manage to survive are not safe, as 90% of them will fail within the next five years. In most cases this is not due to lack of revenues and its mostly based on lack of experience, support and management skills. By joining a Franchise, franchisees can benefit from the Brand marketing, purchasing power and management expertise offered by well-established franchisors. This is particularly attractive to those persons entering the highly competitive food service industry for the first time. As a result of the positive interaction between franchisee and franchisor, our restaurant owner/operators are much more likely to be financially successful than were they to enter the industry as independent restaurateurs.
The Ultimate Burger Experience Meets The Ultimate Fast Casual OpportunityBGR The Burger Joint is a critically acclaimed restaurant that serves award-winning food... We are passionate about good food and good times, and equally passionate about helping our franchise owners reach their personal and professional goals. Our franchise opportunity can provide you with a quality restaurant business lifestyle as part of our growing system. Are you driven, passionate, and motivated? Do you have strong business management and customer service skills? If you think BGR The Burger Joint is a good fit for you, as you look to take your career - and your life - to the next level, then we’d love to talk to you. For experienced entrepreneurs that qualify, we offer single and multiple unit franchise packages. Take the next step! For more information on the BGR The Burger Joint franchise program contact us at 888-830-0801