|
Below is an in-depth analysis and side-by-side comparison of The Greene Turtle Sports Bar & Grille vs King's BierHaus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,455,000 - $2,702,500 | $1,185,500 - $1,659,000 |
Franchise Fee | $45,000 | $50,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | 1.5% | 2% + 1% local |
Year Founded | 1975 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 10 years +5+5 | - |
Term Of Agreement | 10 years +5+5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | Prior to opening the restaurant, the franchisee operating partner, one full-time general manager, an assistant manager and a kitchen manager will receive a total of approximately eight weeks of training by our staff. During the opening, we will provide a minimum of ten days on-site assistance. After that, your key operating staff will be required to attend refresher courses, seminars and other training programs from time to time. On-The-Job Training: 288 hours Classroom Training: 64 hours | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Franchisees receive the full support of our expertise and experience and take advantage of our full suite of services including: -Real estate/Site selection -Marketing and brand building -Store build-out/Construction -Vendor and equipment selection -Training systems -Pre-opening/Grand opening support -Operational support -Business consulting -Recipe and menu development |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
King’s BierHaus provides an innovative "hybrid casual" model with multiple dining experiences, award winning food, and incredible service.
King's BierHaus is looking for franchisees who are focused on exceptional operations and customer service, and who are interested in developing multi-unit franchise territories in the 40 largest media markets in the United States.
"We create a unique experience for a guest to forget their outside world for a while. We realized that a restaurant can be so much more than a restaurant.”