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Below is an in-depth analysis and side-by-side comparison of Johnny Rockets vs Freakin' Unbelievable Burgers 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 | $307,850 - $696,000 |
Franchise Fee | $49,000 | $40,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | 1% |
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 | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | 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 | - |
Are you ready to do something Freakin’ Unbelievable?
Okay, let’s get serious…
Dreamed-up by experienced national chain franchisees with more than 40 years in
the fast casual and full service industries, Freakin’ Unbelievable
Burgers is a dream concept for franchisees.
As a Freakin’ franchisee (and we mean that in the nicest possible way) you can expect exceptional service and freedom to grow your business.
We firmly believe that our job is to help you be successful and it shows
with our exceptional commitment to the opening of your new restaurant.