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Updated RecentlyFriendly Banners vs Hooters Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Friendly Banners vs Hooters 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 | $956,500 - $4,275,000 |
| Franchise Fee | $30,000 | $75,000 |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 2% | 2.5% |
| Year Founded | 1989 | 1983 |
| Year Franchised | 1989 | 1986 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: Varies Classroom Training: Varies |
| Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | - | Ad Templates National Media Regional Advertising Social media Website development Loyalty program/app |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | No |
| Canada Expansion | Yes | - |
| International Expansion | No | Yes |
Company Overviews
About Friendly Banners
A family style restaurant concept featuring a program of ice cream desserts. Open for breakfast, lunch and dinner. Senior's discounts and children's menu available. A range of delicious, high quality ice cream treats from Big Scoop also tempts guests. These delicious treats can be enjoyed after a full-service meal in Banners' comfortable surroundings, or purchased as take-out items from the Big Scoop module unit within the Banners Restaurant.
About Hooters
There are no franchise opportunities available in the United States. Every region has been sold and our franchisees are not allowed to sub-franchise. International Hooters of America has franchise opportunities in the following countries: * Baltic States * Belorussia * Benelux * Bolivia * Bulgaria * Canada (Newfoundland) * Czech Republic * Denmark * Dominican Republic * Ecuador * Finland * France (multi-territory) * Hungary * Iceland * Italy (multi-territory) * Netherlands * Norway * Poland