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Below is an in-depth analysis and side-by-side comparison of BD's Mongolian Barbeque vs R. J. Boar's Barbeque including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $881,000 - $2,276,500 | $378,000 - $910,000 |
Franchise Fee | $45,000 | $35,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | - |
Year Founded | 1992 | - |
Year Franchised | 1996 | - |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 50% of fee at time of renewal | - |
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/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Company certified training restaurant | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media | - |
Operations |
Franchisees required to buy multiple units/master licenses; 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 75 - 100
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
R.J. Boar's Franchising Corp. is granting establishment understandings for R.J. Boar's Barbecue Restaurants to qualified people. The R.J.Boar's equation has earned honors for the member eateries on which the establishment units are designed according to. Jim and Ross Murty, principals of the establishment organization, have broad eatery and establishment encounter. Ross remarked, "We have won honors in the past in light of our customer ubiquity, yet I think we are as pleased with the eatery administration framework we have created for franchisees. Furthermore, I would prescribe to anybody purchasing an establishment that they painstakingly look at the working framework, since they will utilize it regular."