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Below is an in-depth analysis and side-by-side comparison of Fuddruckers vs Coney Beach including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $495,000 - $1,565,000 | $279,000 - $493,000 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | .25% | - |
Year Founded | 1980 | 2006 |
Year Franchised | 1983 | 2007 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $25K | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | 6-week training program | - |
Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Regional advertising | - |
Operations |
53% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The first Fuddruckers opened in San Antonio, Texas in 1980 with a classic American nostalgia theme. Fuddruckers operates and franchises more than 200 restaurants in the United States, Puerto Rico, Canada and the Middle East. The emphasis today is the same as it was in 1980 - we use only the freshest ingredients. Our restaurants serve only the freshest beef and feature on-premise bakeries where bread and dessert items are baked fresh daily. It's truly a "build-your-own meal" experience.
NO LONGER FRANCHISING
Coney Beach is a retro, shoreline enlivened, gourmet wiener and ground sirloin sandwich eatery and the third quick easygoing idea from Beautiful Brands International. In cludes all meat normal packaging wieners, gourmet Black Angus ground sirloin sandwiches, and clean hotdogs. Crisp buns, stacked fries, stew, and every one of the trimmings complement the menu to make an assortment of coneys and burgers. Adjusting the choices is a super cold drink bar with antiquated packaged soft drinks and exceptional lagers from the area and additionally great frozen yogurt buoys and shakes.
"There's most likely the market is ready for a gourmet sausage and burger eatery," said Beautiful Brands organizer, president and CEO David Rutkauskas. "Franchisees and territory designers see the fantastic open door in this inexorably solid class."
Indeed, even before Coney Beach appeared, Rutkauskas had marked the eatery's initial two franchisees with advancement starting in Tulsa and Jackson, Miss., with other target zones of St. Louis; Kansas City, Kan.; Dallas; Houston; Oklahoma City; Birmingham, Ala.; Atlanta; Little Rock, Ark.; Omaha, Neb.; and Chicago.