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Below is an in-depth analysis and side-by-side comparison of Mr. Goodburger's vs Wahlburgers 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 | $1,680,000 - $2,885,000 |
Franchise Fee | $25,000 | $40,000 |
Royalty Fee | 6-8% | 6% |
Advertising Fee | - | - |
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 | Net worth: $5 Million | |
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 | - |
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.
Wahlburgers isn't accepting any individual franchisees Wahlburgers is
looking only for franchisee groups that want to open multiple restaurants.
Wahlburgers only considers franchisees with a net worth of at least $5 million.