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Below is an in-depth analysis and side-by-side comparison of Mr. Goodburger's vs Rumbi Island Grill 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 | $350,000 - $495,500 |
Franchise Fee | $25,000 | $35,000 |
Royalty Fee | 6-8% | 5%-8% |
Advertising Fee | - | 2% |
Year Founded | 2001 | - |
Year Franchised | 2003 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
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 | Internet refresher courses | Rumbi offers an 8-week General Manager Training Program as well as in-depth team-member training for all positions. Additional information regarding this training program will be made available to approved Rumbi Franchisees and Area Developers. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
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.