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Below is an in-depth analysis and side-by-side comparison of Farmer Boys vs Foster's Grille 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 | $291,700 - $538,100 |
Franchise Fee | $45,000 | $35,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 3% | - |
Year Founded | 1981 | 1999 |
Year Franchised | 1997 | 2005 |
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 | - |
International Expansion | No | - |
Great food and good times are always on tap at Foster’s Grille, your
friendly neighborhood gathering place. Simple, fresh food. Served fast
and made to order. From our famous Charburgers to our jumbo wings,
extra-thick shakes and hand-cut fries, Foster’s is your go-to place to
join the family for dinner, catch the big game, relax for a few happy
hours or just grab take-out on the way home. It’s always the right time
for Foster’s.