Cheeburger Cheeburger vs Binghamton Hots Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cheeburger Cheeburger vs Binghamton Hots including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Cheeburger Cheeburger Franchise
Binghamton Hots Franchise
Investment $322,500 - $603,000$122,850 - $213,450
Franchise Fee $24,500 - $35,000$25,000
Royalty Fee 4.5%5%
Advertising Fee -2%
Year Founded 1986-
Year Franchised 1989-
Term Of Agreement -10 years +5+5
Term Of Agreement -10 years +5+5
Renewal Fee --


Business Experience Requirements

 
Cheeburger Cheeburger Franchise
Binghamton Hots Franchise
Experience -Some familiarity with restaurant operations is helpful, but it’s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate.

Financing Options

 
Cheeburger Cheeburger Franchise
Binghamton Hots Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/-
Start-up Costs No/NoNo/-
Equipment No/NoNo/-
Inventory No/NoNo/-
Receivables No/NoNo/-
Payroll No/NoNo/-

Training & Support

 
Cheeburger Cheeburger Franchise
Binghamton Hots Franchise
Training -Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
Support -We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis.
Marketing --
Operations --

Expansion Plans

 
Cheeburger Cheeburger Franchise
Binghamton Hots Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Cheeburger Cheeburger

Cheeburger Cheeburger is a diner-style burger restaurant chain that started on Sanibel Island, FL in 1986. The restaurant chain specializes in big, juicy cheeseburgers, french fries, onion rings, and handmade milkshakes. From the very first day, the concept of a family fun theme, serving the world's best and biggest burgers, fries, rings and shakes, was an instant hit. Today, there is simply no doubt about it. The right combination, so elusive in the restaurant business, has led to a real success story.Cheeburger Cheeburger is on the verge of an aggressive national expansion, because our customers are demanding it. Vacationers and travelers who experience our restaurants on Sanibel Island, in Huntsville, Alabama, Chattanooga, Tennessee and other cities, are asking us to open in towns across America. The number of our restaurants has grown substantially.

About Binghamton Hots

Everyone, from college kids and downtown residents to families and workers from local businesses, comes in to Binghamton HOTS for food and fun, throughout the day and night.

You can create your own local a destination that appeals to today’s consumers, including Millennials, who want creative menu options loaded with convenience.
  • You can build business with flexible service options across multiple dayparts - from lunch to dinner to late night - and even offer carry-out, delivery, and catering options, too.
  • You can be part of the immense restaurant industry, where demand for customization, convenience and flavor have quick service and fast-casual sales on a continual upward growth trend.
Best of all, you can operate your local HOTS spot with confidence, with our full support at every stage of your restaurant’s operations.