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Below is an in-depth analysis and side-by-side comparison of la prep vs Burger 21 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $300,000 - $425,000 | $448,247 - $1,175,164 |
Franchise Fee | $35,000 | $27,000 - $40,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 1% -3% |
Year Founded | 2010 | 2010 |
Year Franchised | 2010 | 2011 |
Term Of Agreement | 10 years+5 | 10 years |
Term Of Agreement | 10 years+5 | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | No related experience is necessary, just your desire to learn. We provide all the training and assistance you will need to operate your franchise. | - |
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 | 3-week training program provides hands-on experience covering all phases of operating your la prep franchise. You will receive Operations Manuals that cover everything from employee hiring and training to product preparation, management, advertising and business systems. The training continues with special on-site support by one of our training managers for 1 week for your restaurant opening. | - |
Support | - | *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
la prep is a privately-owned Canadian restaurant franchising system. Our dedicated franchisees are hands-on owner/operators that are both personally and financially committed to their business, resulting in a maximized level of customer service. As we continue our expansion of the brand we are always searching for qualified individuals to join our franchise community.
Burger 21 is a new, innovative fast casual restaurant franchise concept that is changing consumers' expectations of the "better burger" category. With its chef-inspired creations, unique concept design and exceptional dining experience, Burger 21 is positioned for enormous growth.