|
Below is an in-depth analysis and side-by-side comparison of BD's Mongolian Barbeque vs Tandori including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $881,000 - $2,276,500 | $175,000 - $500,000 |
Franchise Fee | $45,000 | $30,000 - $40,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1992 | 1979 |
Year Franchised | 1996 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of fee at time of renewal | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
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 |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Tandori is a fast administration eatery establishment serving progressively well known Indian food, with formulas roused by the conventional "Tandori" (Indian stove) style of cooking. Our mouth-watering curries, marinated meats and vegetables are set up in particular hardware that permits our simple to-work eatery to serve gourmet conventional Indian cooking in a cutting edge speedy administration organize. The moderate Tandori establishment is conveyed to you by MTY Group, Canada's driving fast administration eatery organization working 24 standards crosswise over 1,000+ units. We are centered around extending our system of establishments without trading off our commitment to giving shoppers a quick and crisply arranged supper at a reasonable cost. As a major aspect of the Tandori and MTY family, you will profit by the experience of our element experienced group. We give a turnkey operation all the essential apparatuses required to run a fruitful eatery in the accompanying territories:
* Delicious and Healthy Recipes
* Training and Operation Support
* Purchasing Power
* Established Advertising and Marketing Strategies