Johnny Rockets vs Taxi's Restaurants International Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Johnny Rockets vs Taxi's Restaurants International including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Johnny Rockets Franchise
Taxi's Restaurants International Franchise
Investment $581,000 - $877,000 N/A
Franchise Fee $49,000 $25,000
Royalty Fee 5% -
Advertising Fee - -
Year Founded 1986 -
Year Franchised 1987 -
Term Of Agreement 10 years w/two 5-year options -
Term Of Agreement 10 years w/two 5-year options -
Renewal Fee - -


Business Experience Requirements

 
Johnny Rockets Franchise
Taxi's Restaurants International Franchise
Experience You and/or a business partner(s) must have at least two years restaurant owner/operator experience.

You and/or a business partner(s) must have a net worth of $500 thousand per unit, and available liquid capital of $200 thousand per unit, or more, (net worth of $1.5 million per unit, and available liquid capital of $500 thousand per unit, or more, outside of the U.S.), in order to qualify for development of up to five units.

Development of six units or more will be considered on a case by case basis, pending your net worth and available liquid capital.

-

Financing Options

 
Johnny Rockets Franchise
Taxi's Restaurants International Franchise
  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

 
Johnny Rockets Franchise
Taxi's Restaurants International Franchise
Training - -
Support Meetings, Grand opening, Field operations/evaluations -
Marketing National media, Regional advertising -
Operations Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 48 - 53

Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators)

-

Expansion Plans

 
Johnny Rockets Franchise
Taxi's Restaurants International Franchise
US Expansion - -
Canada Expansion No -
International Expansion Yes -

Start-Up Costs and Fees Mobile

Investment
Johnny Rockets Franchise
$581,000 - $877,000
Taxi's Restaurants International Franchise
N/A
Franchise Fee
Johnny Rockets Franchise
$49,000
Taxi's Restaurants International Franchise
$25,000
Royalty Fee
Johnny Rockets Franchise
5%
Taxi's Restaurants International Franchise
-
Advertising Fee
Johnny Rockets Franchise
-
Taxi's Restaurants International Franchise
-
Year Founded
Johnny Rockets Franchise
1986
Taxi's Restaurants International Franchise
-
Year Franchised
Johnny Rockets Franchise
1987
Taxi's Restaurants International Franchise
-
Term Of Agreement
Johnny Rockets Franchise
10 years w/two 5-year options
Taxi's Restaurants International Franchise
-
Renewal Fee
Johnny Rockets Franchise
-
Taxi's Restaurants International Franchise
-


Business Experience Requirements

Experience
Johnny Rockets Franchise
You and/or a business partner(s) must have at least two years restaurant owner/operator experience.

You and/or a business partner(s) must have a net worth of $500 thousand per unit, and available liquid capital of $200 thousand per unit, or more, (net worth of $1.5 million per unit, and available liquid capital of $500 thousand per unit, or more, outside of the U.S.), in order to qualify for development of up to five units.

Development of six units or more will be considered on a case by case basis, pending your net worth and available liquid capital.

Taxi's Restaurants International Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Johnny Rockets Franchise
No/No
Taxi's Restaurants International Franchise
-/-
Start-up Costs
Johnny Rockets Franchise
No/No
Taxi's Restaurants International Franchise
-/-
Equipment
Johnny Rockets Franchise
No/No
Taxi's Restaurants International Franchise
-/-
Inventory
Johnny Rockets Franchise
No/No
Taxi's Restaurants International Franchise
-/-
Receivables
Johnny Rockets Franchise
No/No
Taxi's Restaurants International Franchise
-/-
Payroll
Johnny Rockets Franchise
No/No
Taxi's Restaurants International Franchise
-/-

Training & Support

Training
Johnny Rockets Franchise
-
Taxi's Restaurants International Franchise
-
Support
Johnny Rockets Franchise
Meetings, Grand opening, Field operations/evaluations
Taxi's Restaurants International Franchise
-
Marketing
Johnny Rockets Franchise
National media, Regional advertising
Taxi's Restaurants International Franchise
-
Operations
Johnny Rockets Franchise
Franchisees required to buy multiple units/master licenses; 95% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 48 - 53

Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators)

Taxi's Restaurants International Franchise
-

Expansion Plans

US Expansion
Johnny Rockets Franchise
-
Taxi's Restaurants International Franchise
-
Canada Expansion
Johnny Rockets Franchise
No
Taxi's Restaurants International Franchise
-
International Expansion
Johnny Rockets Franchise
Yes
Taxi's Restaurants International Franchise
-

Company Overviews

About Johnny Rockets

Johnny Rockets is an international restaurant chain that offers the food, fun and friendliness of classic, timeless, feel-good Americana. Every Johnny Rockets restaurant serves simple, great-tasting food from a menu of all-American favorites, including our juicy hamburgers, crispy American Fries, classic sandwiches and rich, delicious hand-dipped shakes and malts. It's the place to go for friendly service, flavorful food, uplifting music and relaxed, casual fun. With annual sales in excess of $300 million, Johnny Rockets is a time-tested brand with an extraordinarily high awareness level, a loyal customer base and a broad demographic appeal. The all-American theme is one that has proven to be universal and that leaps across all geographic and cultural boundaries. It easily translates into any language and relates to the best concepts of America, around the globe. Throughout the world, people appreciate the stereotypical home-cooked goodness of classic comfort foods; smiling, outgoing service and a bright, clean, cheerful atmosphere.

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About Taxi's Restaurants International