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Updated RecentlyEvos vs Binghamton Hots Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Evos vs Binghamton Hots including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $349,900 - $449,900 | $122,850 - $213,450 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 3.5-5.5% | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1999 | - |
| Year Franchised | 2006 | - |
| Term Of Agreement | 10 years | 10 years +5+5 |
| Term Of Agreement | 10 years | 10 years +5+5 |
| Renewal Fee | $7000 | - |
Business Experience Requirements |
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| Experience | - | Some familiarity with restaurant operations is helpful, but it’s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/- |
| Start-up Costs | -/- | No/- |
| Equipment | -/- | No/- |
| Inventory | -/- | No/- |
| Receivables | -/- | No/- |
| Payroll | -/- | No/- |
Training & Support |
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| Training | Available at headquarters: 4-6 weeks | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Support | Honest Support - we have one goal in common, and you're a part of it. We care about your success because your success means progress for our values. And of course more people eating better. We support you and guide you through every aspect of running your business, and most importantly to be the most ethical and admired business in your community. We don't treat you like a number, but as a living extension of ourselves. | We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis. |
| Marketing | - | - |
| Operations | Operational Simplicity - we like working smart, not hard. EVOS is the 'Original' healthier fast food restaurant. Yup, we started this thing in 1994. We've been doing this for way over a decade, which means: our systems are the most efficient and the most effective to make your job as easy as possible while executing under 3 minute ticket times; our marketing strategy has been tested, tried, and true, to bring in guests and retain them; our management tools and technology make developing, maintaining, and motivating a great team simpler and easier; and our proven recipes have been carefully developed, and tested, to make any skeptics mouth water and brain erase the myth that healthier doesn't taste better. | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Evos
Product In-demand - burgers, fries, and shakes that are 50-70% less fat. Finally, fast food you can feel great about. Other restaurants merely accommodate with a few 'lower fat' or 'lite' menu items. EVOS serves up an entire menu of choices to meet the needs of many different lifestyles. Our recipes are made with high quality healthier ingredients like our naturally raised hormone & antibiotic free Steakburger and Low Fat Organic Milkshakes. No other franchise can match our commitment to: less fat, calories, and cholesterol; higher quality natural ingredients; organic ingredients; and more importantly great taste. Stand out from the crowd - start something new. Ok, so why bother fighting for market share in a landscape full of sub/sandwich shops, burrito joints, and pizza places? Hundreds of communities in our country are starving for a 'healthier fast food fix'. EVOS exists because there is a serious demand for the opportunity to continue to enjoy the All American burger occasion, made healthier. EVOS is a fresh, fun, forward thinking, and financially rewarding franchise opportunity. That isn't too granola. Healthy Opportunity - people, planet, profits EVOS is not only a ground floor financial opportunity. You will feel great knowing you are also making a difference in your community and the planet. While doing your part, you will be gifting thousands of excited patrons the opportunity to enjoy the All American meal of burgers, fries, and shakes-without the aftereffects. As an EVOS franchise owner, you'll not only be part of an opportunity, you'll be serving it as well.
About Binghamton Hots
You can create your own local a destination that appeals to today’s consumers, including Millennials, who want creative menu options loaded with convenience.
- You can build business with flexible service options across multiple dayparts - from lunch to dinner to late night - and even offer carry-out, delivery, and catering options, too.
- You can be part of the immense restaurant industry, where demand for customization, convenience and flavor have quick service and fast-casual sales on a continual upward growth trend.