| ||||
Updated RecentlyFarmer Boys vs Habit Burger Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Farmer Boys vs Habit Burger 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 | $1,231,000 - $1,654,000 |
| Franchise Fee | $45,000 | $35,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 3% | - |
| Year Founded | 1981 | 1969 |
| Year Franchised | 1997 | 2013 |
| 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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | 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 | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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 Habit Burger
!["Habit]("https://fddexchange.com/wp-content/uploads/2019/06/Habit-Burger.png")
From our humble beginning in Santa Barbara, California in 1969 to more
than 240 Habit Burger Grill restaurants in communities across the
country today, we have always continued to operate under the same simple
philosophy: always deliver high-quality food and great service at
reasonable prices. The Habit is a burger-centric fast casual restaurant
that uniquely combines chargrilling over an open flame to create a
delicious variety of fresh and flavorful award-winning burgers,
sandwiches, salads and more. At the core of The Habit is our commitment
to a ‘quality-first’ mindset. We call it ‘The Habit Difference’.
The total investment necessary to begin operation of a Habit Burger
Restaurant franchise is $1,231,000 to $1,439,000 for a restaurant with
no drive-thru, $1,366,000 to $1,604,000 for a restaurant at an end-cap
location with a drive-thru, and $1,401,000 to $1,654,000 for a
restaurant at a standalone location with a drive-thru. This includes
$53,000 to $60,000 that must be paid to the franchisor or affiliate.
The
total investment necessary to begin operation under an Area Development
Agreement is $52,000 to $275,000. This includes $50,000 to $250,000
that must be paid to the franchisor or affiliate.