| ||||
Updated RecentlyThe Firkin Group of Pubs vs Krieger's Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Firkin Group of Pubs vs Krieger's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $297,900 - $1,000,000 | $450,000 |
| Franchise Fee | $30,000 | $30,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1987 | 1991 |
| Year Franchised | 1987 | 2002 |
| Term Of Agreement | 10-20 years | 15 years |
| Term Of Agreement | 10-20 years | 15 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
||
| Training | Our Firkin training helps franchisees learn about running a successful and most importantly, profitable business. Every franchisee is required to complete an intense, mandatory training session over the course of 4 weeks that encompasses every aspect of the Firkin business. From day one, franchisees also have access to highly coveted, one of a kind, training materials including: * F.U. Firkin University in-house * F.U. Firkin University online * Firkin Autopilot �" franchisee intranet | - |
| Support | Meetings, Purchasing cooperatives | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | - | Co-op advertising, Ad slicks, Regional advertising |
| Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. |
85% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About The Firkin Group of Pubs
THE FIRKIN CONCEPTThe Firkin Group of Pubs is the largest & most dominant chain of traditional English pubs in North America. Firkin thirsty? It's the perfect place to enjoy a pint or two with great food and great friends. Firkin Hungry? Our welcoming atmosphere and sparkling personality mixed with your local flavor creates a neighbourhood hangout everyone can agree on.
DEVELOPMENT
We've had 48 Firkin Pubs open throughout North America, and more than 180 more pubs in development. Our Firkin's are everywhere from business and power centers to urban areas and university districts.
Every pub is a little different. One's just right for you.
Modeled after a traditional English pub, each Firkin is unique to its neighborhood, and carries a name of a familiar mascot paired with the Firkin, such as 'The Firkin & Fox', or the 'Firkin & Hound'.
The Firkin brand is cheeky and irreverent and appeals to a broad base of consumers! For over 20 years, Firkin Pub's founders, franchisees, and followers have been creating the authentic English Pub Experience.
FRANCHISING PROGRAMFirkin seeks ambitious area developers and entrepreneurs who, in the end, dream of building and operating a "company of pubs". The Firkin Group of Pubs offers two franchising programs:
* Multi-Unit Franchisee: Build and manage a multi-unit restaurant company
* Area Development Agent (Master Franchise)
If you have ever thought about owning a "company of pubs," please call us at 1.877.Firkin.4 (1.877.347.5464)