| ||||
Updated RecentlyJohnny Rockets vs Negril Eatery Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Johnny Rockets vs Negril Eatery including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $581,000 - $877,000 | $244,100 - $327,567 |
| Franchise Fee | $49,000 | $25,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1986 | 1979 |
| Year Franchised | 1987 | 1985 |
| 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 |
||
| 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 |
||
| 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 |
||
| Training | - | You will be required to complete approximately eighty hours of classroom and actual training at our facilities. This includes, inventory control, employee scheduling, food handling and food preparation methods, recipes, customer service. You will also receive our proprietary Operations Manual to serve as your guide. |
| Support | Meetings, Grand opening, Field operations/evaluations | We will assist with the design, site selection, lease, build out, sourcing of equipment and supplies. |
| 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 |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Johnny Rockets
![""]("https://static.franchisedirect.ie/dims4/default/9cfe0cd/2147483647/crop/454x434%2B0%2B0/resize/200x191/quality/95/?url=http%3A%2F%2Fd1imm0s6tc8o7m.cloudfront.net%2F1f%2F1f%2F47018bb74550b92351e946038cf1%2Ftop100-big-2020.png")
About Negril Eatery
Currently, there are three locations and an express style restaurant that sit adjacent to the Silver Spring, MD store. Negril Eatery locations offer a limited menu, which translates into simplified operations. Patties, pastries and rotis are expertly prepared in the Negril central commissary, located in Laurel, MD which then distributes them frozen to all Negril Eatery locations where they are baked off and offered as freshly baked. With the popularity of the restaurant and the Express, Earl seeks to expand his business and take a taste of his homeland food to the world. At Negril Systems, Inc., we are seeking franchisees who are dynamic, motivated, and self starting, who want to take charge of their future. If this fits your profile, please contact Negril Systems, Inc.