|
Below is an in-depth analysis and side-by-side comparison of Farmer Boys vs Freakin' Unbelievable Burgers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,042,500 - $2,486,500 | $307,850 - $696,000 |
Franchise Fee | $45,000 | $40,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | 3% | 1% |
Year Founded | 1981 | - |
Year Franchised | 1997 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
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)
| - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Are you ready to do something Freakin’ Unbelievable?
Okay, let’s get serious…
Dreamed-up by experienced national chain franchisees with more than 40 years in
the fast casual and full service industries, Freakin’ Unbelievable
Burgers is a dream concept for franchisees.
As a Freakin’ franchisee (and we mean that in the nicest possible way) you can expect exceptional service and freedom to grow your business.
We firmly believe that our job is to help you be successful and it shows
with our exceptional commitment to the opening of your new restaurant.