Farmer Boys vs The Carving Board Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Farmer Boys vs The Carving Board including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Farmer Boys Franchise
The Carving Board Franchise
Investment $1,042,500 - $2,486,500$314,500 - $621,500
Franchise Fee $45,000$35,000
Royalty Fee 5%-
Advertising Fee 3%-
Year Founded 19812012
Year Franchised 19972016
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Farmer Boys Franchise
The Carving Board Franchise
Experience
  • Industry experience
  • General business experience
  • A great franchise candidate for The Carving Board is not necessarily just someone who has food experience, although that could be a plus. The company is looking for people who are driven, willing to commit to the brand and want to be part of something bigger. Franchisees need the necessary capital to open a location, the willingness to learn and the ability to follow a proven system.

    Financing Options

     
    Farmer Boys Franchise
    The Carving Board Franchise
      In-House/3rd PartyIn-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

     
    Farmer Boys Franchise
    The Carving Board Franchise
    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

     
    Farmer Boys Franchise
    The Carving Board Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Farmer Boys

    During the 1970s, brothers Makis and Chris Havadjias worked in restaurants to earn money for college. They helped the owners of one of those restaurants rebuild the establishment, and later bought it. With the experience they gained at that first restaurant, the brothers bought a poorly performing restaurant in Perris, California, that they built into Farmer Boys. With the help of their three other brothers, the Havadjias expanded Farmer Boys throughout Riverside and San Bernardino counties in Southern California. Each location serves hamburgers, sandwiches, salads and a full breakfast menu. The company began franchising in 1998.

    #128 in Franchise 500 for 2021. Not ranked in 2020.

    About The Carving Board

    The Carving Board is the bold answer to the classic sandwich joint. Ushering in a fresh era of industrial décor, today’s music, hand selected ingredients and over 50 different sandwich combinations, we are setting the new sandwich standard.


    Proprietary and proven operating systems and procedures
    POS system that helps you manage the business efficiently to maximize profits
    Inventory software to manage costs and minimize waste
    Exceptional training to achieve consistency in profitability, operations and practices
    Ongoing support, systems, and menu changes to keep up with current trends in the market.