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Below is an in-depth analysis and side-by-side comparison of Krieger's vs Ben & Florentine Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $450,000 | $619,650 - $817,800 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | - |
Year Founded | 1991 | 2008 |
Year Franchised | 2002 | 2008 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | * The owner/operator follows six (6) weeks of training. (Theoretical & Practical) * Grand opening training & assistance for two (2) weeks |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
85% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
DO IT RIGHT, DO IT DELICIOUS, DO IT THE "BEN & FLORENTINE" WAY The Canadian and American markets are full of new openings and business opportunities. Ben & Florentine Restaurants Inc. aims to develop its territory strategically with restaurants of a high caliber. The Franchisees of Ben & Florentine benefit from a turnkey concept with a well established team. Our services include market studies, site-selection, lease negotiations, architectural design, interior decoration, marketing and promotional support and ongoing training.