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Below is an in-depth analysis and side-by-side comparison of Farmer Boys vs Hero Certified Burgers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,042,500 - $2,486,500 | $60,000 - $80,000 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | 5% | - |
Advertising Fee | 3% | - |
Year Founded | 1981 | 2003 |
Year Franchised | 1997 | 2003 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 480 hours Classroom Training: 60 hours | - |
Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Loyalty program/app | - |
Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 30 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
When you buy a franchise, you take a leap of faith. You know that success depends on sacrifice, dedication and hard work, but you also know that it can be an exciting journey with many rewards.
You’ve considered HERO because our brand reputation is solid, our sustainable food is excellent, and our training and support exceptional.
We have remained focused to our commitment to our customers to
make every visit to Hero Burgers a special one. Every time they think of
having a freshly prepared, made to order, a better for you burger….
their first choice will be Hero Certified Burgers.
We’ve come a long way since we launched our first restaurant in 2003, with 50 locations now in operation in Ontario, Manhattan New York, and Montreal.
But success never sleeps.
Join the HERO family and be our partner on the next leg of the journey.
Our goal is to deliver the best tasting food and the highest quality service in a clean environment for a fair price. Our commitment to quality ensures that all our burgers are from natural free-range beef and hormone-free and antibiotic-free, cooked medium-well.