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Below is an in-depth analysis and side-by-side comparison of Mr. Goodburger's vs Jack in the Box including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $155,000 - $210,000 | $1,651,500 - $2,638,600 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | 6-8% | 5% |
Advertising Fee | - | 5% |
Year Founded | 2001 | 1951 |
Year Franchised | 2003 | 1982 |
Term Of Agreement | 5 years | 20 years |
Term Of Agreement | 5 years | 20 years |
Renewal Fee | - | 1,651,500 to $2,638,600 |
Business Experience Requirements |
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Experience | *Multi-unit restaurant operations experience *Minimum liquidity of $750,000 *Minimum net worth of $1.5 million *Ability to acquire and/or develop at least 5 restaurants *Operating partner is an equity partner and resides in the desired market | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Internet refresher courses | On-The-Job Training: 183 hours Classroom Training: 110 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
The business built on creating healthy, animal-free fast food went belly up. See Wink's Cheeseburger Factory.