Back Yard Burgers vs PINCHO Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Back Yard Burgers vs PINCHO including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$465,000 - $1,680,000 | $463,055 - And Up |
Franchise Fee |
$35,000 | $30,000 |
Royalty Fee |
5% | 5% |
Advertising Fee |
3% | 2% |
Year Founded |
1986 | 2014 |
Year Franchised |
1988 | 2014 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$1K | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 35
Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Back Yard Burgers
What started as a premium quality burger sold in a grocery store in
Cleveland, Mississippi in 1987 quickly caught fire. Lattimore "Lattie”
Michael realized he had a recipe for success and thus opened the first Back Yard Burgers drive-thru restaurant. Customers flocked to it, eating
up the fresh-grilled burgers, great conversation and the neighborly
feel that reminded them of their backyard cookouts. A year later, Back
Yard Burgers opened up in Tennessee and Florida. And the rest is
delicious history.
WHY BE A BACK YARD BURGERS FRANCHISEE?
*Uniqueness - back yard flavor
*A proven brand with a solid operating system
*Growth free standing building
*Unique development opportunities
*Non universities, c-stores and professional sports
*Strong positioning
*Signature products
*Persuasive, professional marketing
*Operations support
*Exclusive Territories
About PINCHO
Pincho is an elevated fast-casual Latin grill concept. We’re a
concept that was born from a passion for food and is ready to grow to
the next level. We’re a modern-day burger and kebab joint, and we
haven’t seen any other new franchise opportunity out there doing things
quite like us.
“There’s nobody else like us in the U.S.,” says CEO and Co-Founder
Otto Othman. “I’m not sure there’s anybody else like us anywhere that is
serving up these kinds of meals influenced by iconic Latin street food
and Latin American dishes. You wrap all that up into a concept that has
fantastic economics, and you have something truly unique.”
The total investment necessary to begin operation of a Pincho franchise
under a franchise agreement is $463,055 - $655,500. This includes
$30,000 that must be paid to the Franchisor or affiliate.
The total
investment necessary to begin operation of a Pincho franchise for the
first restaurant if you sign an Area Development Agreement, which
requires a minimum development of 3 Pincho Restaurants, is $523,055 -
$715,500. This includes $90,000 that must be paid to the Franchisor or
affiliate. If you and the franchisor agree to the development of more
than 3 Pincho Restaurants, then your initial total investment for the
first restaurant will increase by the number of additional Restaurants
to be opened under the Area Development Agreement, multiplied by
$30,000.