Burger King vs Taxi's Restaurants International Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Burger King vs Taxi's Restaurants International including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Burger King Franchise
Taxi's Restaurants International Franchise
Investment $333,100 - $3,398,600 N/A
Franchise Fee $50,000 $25,000
Royalty Fee 4.5% -
Advertising Fee 4% -
Year Founded 1954 -
Year Franchised 1961 -
Term Of Agreement 20 years -
Term Of Agreement 20 years -
Renewal Fee $50K -


Business Experience Requirements

 
Burger King Franchise
Taxi's Restaurants International Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Burger King Franchise
    Taxi's Restaurants International Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees No/No -/-
    Start-up Costs No/No -/-
    Equipment No/No -/-
    Inventory No/No -/-
    Receivables No/No -/-
    Payroll No/No -/-

    Training & Support

     
    Burger King Franchise
    Taxi's Restaurants International Franchise
    Training Before the opening of the Restaurant, franchisees must successfully complete the franchisor's training program. The training program is held in Miami, Florida or other locations specified by the franchisor. In-Restaurant Training will be held in various Restaurant locations that have been authorized as Training Restaurants. The franchisor may require additional training programs for individual Owner/Operators or Managing Directors to implement current operations, standards, and procedures and to facilitate the growth and changes of the franchisee. The franchisor also makes available and sometimes requires periodic workshops and seminars for managers, which include management courses and updating of operational skills. The franchisor will provide Pre-opening and Restaurant opening assistance as it deems appropriate. The franchisor also provides continuing operations training programs, which franchisees (as an Operating Partner, Managing Director, Director of Operations, or Managing Owner, as applicable) may be required to attend. For certain training courses, franchisees must pay a course or materials fee to the franchisor or third parties. The franchisor may make changes and revisions to the training program, locations or materials at any time. -
    Support Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations -
    Marketing Co-op advertising, National media, Regional advertising -
    Operations - -

    Expansion Plans

     
    Burger King Franchise
    Taxi's Restaurants International Franchise
    US Expansion - -
    Canada Expansion No -
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    Burger King Franchise
    $333,100 - $3,398,600
    Taxi's Restaurants International Franchise
    N/A
    Franchise Fee
    Burger King Franchise
    $50,000
    Taxi's Restaurants International Franchise
    $25,000
    Royalty Fee
    Burger King Franchise
    4.5%
    Taxi's Restaurants International Franchise
    -
    Advertising Fee
    Burger King Franchise
    4%
    Taxi's Restaurants International Franchise
    -
    Year Founded
    Burger King Franchise
    1954
    Taxi's Restaurants International Franchise
    -
    Year Franchised
    Burger King Franchise
    1961
    Taxi's Restaurants International Franchise
    -
    Term Of Agreement
    Burger King Franchise
    20 years
    Taxi's Restaurants International Franchise
    -
    Renewal Fee
    Burger King Franchise
    $50K
    Taxi's Restaurants International Franchise
    -


    Business Experience Requirements

    Experience
    Burger King Franchise

  • Industry experience
  • General business experience
  • Marketing skills
  • Taxi's Restaurants International Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    Burger King Franchise
    No/No
    Taxi's Restaurants International Franchise
    -/-
    Start-up Costs
    Burger King Franchise
    No/No
    Taxi's Restaurants International Franchise
    -/-
    Equipment
    Burger King Franchise
    No/No
    Taxi's Restaurants International Franchise
    -/-
    Inventory
    Burger King Franchise
    No/No
    Taxi's Restaurants International Franchise
    -/-
    Receivables
    Burger King Franchise
    No/No
    Taxi's Restaurants International Franchise
    -/-
    Payroll
    Burger King Franchise
    No/No
    Taxi's Restaurants International Franchise
    -/-

    Training & Support

    Training
    Burger King Franchise
    Before the opening of the Restaurant, franchisees must successfully complete the franchisor's training program. The training program is held in Miami, Florida or other locations specified by the franchisor. In-Restaurant Training will be held in various Restaurant locations that have been authorized as Training Restaurants. The franchisor may require additional training programs for individual Owner/Operators or Managing Directors to implement current operations, standards, and procedures and to facilitate the growth and changes of the franchisee. The franchisor also makes available and sometimes requires periodic workshops and seminars for managers, which include management courses and updating of operational skills. The franchisor will provide Pre-opening and Restaurant opening assistance as it deems appropriate. The franchisor also provides continuing operations training programs, which franchisees (as an Operating Partner, Managing Director, Director of Operations, or Managing Owner, as applicable) may be required to attend. For certain training courses, franchisees must pay a course or materials fee to the franchisor or third parties. The franchisor may make changes and revisions to the training program, locations or materials at any time.
    Taxi's Restaurants International Franchise
    -
    Support
    Burger King Franchise
    Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations
    Taxi's Restaurants International Franchise
    -
    Marketing
    Burger King Franchise
    Co-op advertising, National media, Regional advertising
    Taxi's Restaurants International Franchise
    -
    Operations
    Burger King Franchise
    -
    Taxi's Restaurants International Franchise
    -

    Expansion Plans

    US Expansion
    Burger King Franchise
    -
    Taxi's Restaurants International Franchise
    -
    Canada Expansion
    Burger King Franchise
    No
    Taxi's Restaurants International Franchise
    -
    International Expansion
    Burger King Franchise
    Yes
    Taxi's Restaurants International Franchise
    -

    Company Overviews

    About Burger King

    In 1954, James McLamore and David Edgerton opened the first Burger King restaurant in Miami; selling 18 cent broiled hamburgers and milkshakes. Three years later, the company's signature Whopper was introduced, selling for 37 cents a piece. Today Burger King restaurants serve chicken nuggets, salads, a breakfast menu and kids meals. In 1998, the company opened its 10,000th location in Sydney, Australia.

    The franchise granted can be operated at one of three locations and facility types:
    1. Institutional Locations: “Institutional locations” include government buildings and facilities, medical facilities, airports, train and bus stations, sports facilities, factories, corporate campuses, turnpikes, limited access toll roads, theme parks, zoos and educational facilities.
    2. Traditional Burger King Restaurant Facility: A self-contained, full size Burger King Restaurant which is located and operated on a site as a freestanding building or within another building structure such as a shopping mall. A Traditional Burger King Restaurant does not share any common areas with any other businesses and serves the standard approved menu for Burger King Restaurants.
    3. Non-Traditional Burger King Facility: A Burger King Restaurant may be located at a site which includes other businesses, such as retail, food service, gas stations, convenience stores, other franchised businesses or restaurants or other similar facilities.
    "Top    ""

    #37 in Canada's top franchises.



    About Taxi's Restaurants International