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Below is an in-depth analysis and side-by-side comparison of Johnny Rockets vs Babaz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $581,000 - $877,000 | N/A |
Franchise Fee | $49,000 | N/A |
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 |
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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 |
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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 | 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 |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Looking for an investment opportunity that will allow you to operate your own business with financial success? Babaz, a growing company offers you the best of both worlds as well as financial security to help build your future. Babaz is always looking for ambitious and hard working people to become part of our growing team. Why Join Us? An investment in your future Highly developed retail marketing plans Effective and coordinated advertising Streamlined central supply source Comprehensive training program: theoretical, practical and on-site Knowledgeable field support team Site selection and lease negotiations Sell both services and products for complimentary profits Flat-rate royalty Food industry is recession proof Constant cash flow Over 50 years of combined experience Our winning team!