| ||||
Updated RecentlyBagger Daves vs Fat Patty's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bagger Daves vs Fat Patty's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | N/A | $627,533 - $1,048,500 |
| Franchise Fee | N/A | $40,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. | -Working capital of $750,000 with good credit -Solid business experience sales and business experience required -Knowledge of the trade area where the store will be located -Passion for service |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Bagger Daves
Bagger Dave's Franchising Corporation has: *More than 50 years combined experience in restaurant management and operations *Proven track record of aggressively developing multi-unit restaurant systems *Infrastructure in place for the development of the brand and to support the franchisee community *Commitment to guest service, food quality, communication, and support We're looking for experienced restaurant operators to grow the Bagger Dave's burger franchise concept.
About Fat Patty's
Fat Patty’s opened its doors in 2007 beside the campus of Marshall
University in Huntington, West Virginia. We now have 4 locations in West
Virginia and Kentucky. The casual dining experience, along with our
full bar and numerous large, flat-screen televisions, makes Fat Patty’s the best family friendly restaurant around. Our focus is on team growth, training and development, investing in our facilities, remodeling and
involvement in our communities.