Chester's vs Binghamton Hots Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Chester's vs Binghamton Hots including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Chester's Franchise
Binghamton Hots Franchise
Investment $12,385 - $277,313$122,850 - $213,450
Franchise Fee $3,500$25,000
Royalty Fee -5%
Advertising Fee -2%
Year Founded 1952-
Year Franchised 2004-
Term Of Agreement 10 years10 years +5+5
Term Of Agreement 10 years10 years +5+5
Renewal Fee --


Business Experience Requirements

 
Chester's Franchise
Binghamton Hots Franchise
Experience
  • General business experience
  • Some familiarity with restaurant operations is helpful, but it’s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate.

    Financing Options

     
    Chester's Franchise
    Binghamton Hots Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/-
    Start-up Costs No/YesNo/-
    Equipment No/YesNo/-
    Inventory No/NoNo/-
    Receivables No/NoNo/-
    Payroll No/NoNo/-

    Training & Support

     
    Chester's Franchise
    Binghamton Hots Franchise
    Training On-The-Job Training: 30 hours Classroom Training: 3 hours Ongoing training as required Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet PlatformWe will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis.
    Marketing Ad Templates Social media-
    Operations International franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 8

    Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Chester's Franchise
    Binghamton Hots Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Chester's

    Chester’s serves Great Tasting Fresh Fried Chicken that’s cooked to perfection, with a unique taste and style. Our secret is a family recipe and process that’s been successful for over 40 years. Chester’s brings you delicious fried chicken, tempting tenders, sandwiches, wraps, salads, breakfast items and more. And that’s not all we’re known for! Our chicken is complimented by our signature Potato Wedges, Chester’s Original Sauce and delicious biscuits and sides. We offer a great deal of flexibility in the placement of Chester’s including restaurant-in-store (convenience stores, truck stops, supermarkets), co-branded with other national brands, malls and food-courts, and in-line shopping center locations. And there is variety in our menu formats, including take-out only, take-out and dine-in. We can tailor the restaurant to meet your needs and to properly position Chester’s in your market.

    "Entrepreneur

    #180 in Franchise 500 for 2020.
    #112 in Franchise 500 for 2021.


    About Binghamton Hots

    Everyone, from college kids and downtown residents to families and workers from local businesses, comes in to Binghamton HOTS for food and fun, throughout the day and night.

    You can create your own local a destination that appeals to today’s consumers, including Millennials, who want creative menu options loaded with convenience.
    • You can build business with flexible service options across multiple dayparts - from lunch to dinner to late night - and even offer carry-out, delivery, and catering options, too.
    • You can be part of the immense restaurant industry, where demand for customization, convenience and flavor have quick service and fast-casual sales on a continual upward growth trend.
    Best of all, you can operate your local HOTS spot with confidence, with our full support at every stage of your restaurant’s operations.