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Below is an in-depth analysis and side-by-side comparison of The Ground Pat'i Grille & Bar vs Coneys Frozen Custard including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $359,800 - $1,600,000 | $129,250 - $194,500 |
Franchise Fee | $22,000 - $35,000 | $19,500 |
Royalty Fee | 4% | 6% |
Advertising Fee | - | 4% |
Year Founded | 1971 | - |
Year Franchised | 1975 | - |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | 20% of current franchise fee |
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 | - | - |
Support | Meetings, Grand opening, Field operations/evaluations | - |
Marketing | Co-op advertising | - |
Operations |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 - 160
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
NOT A FRANCHISE
Coney's Frozen Custard is a reasonably priced new franchise opportunity featuring a variety of award winning frozen custard items and food menu items. A Coney's Frozen Custard franchise will use the Coney's trademark, signage and distinctive exterior and interior design, trade dress, decor and color scheme. It makes sense to buy a franchise that will bring customers in and keep them coming back for more.