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Below is an in-depth analysis and side-by-side comparison of Philly Connection vs Burger 21 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $154,000 - $261,500 | $448,247 - $1,175,164 |
Franchise Fee | $20,000 | $27,000 - $40,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 1% -3% |
Year Founded | 1980 | 2010 |
Year Franchised | 1987 | 2011 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $5000 | - |
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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | - | *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Advantages of Philly Connection:
1. Quality ingredients.
2. Focus on
hot food, but we also offer cold
hoagies. Hot food sells in the evening/dinner time. The cold sandwich sells more at lunch.
3. Unique steak product.
4. Philly Connection offers french fries, onion rings, and chicken tenders.
5. Philly Connection grills orders in front of the customer.
6.
Franchisee receives cooking equipment with its investment. When product offerings change, the franchisee already has this
equipment.
Burger 21 is a new, innovative fast casual restaurant franchise concept that is changing consumers' expectations of the "better burger" category. With its chef-inspired creations, unique concept design and exceptional dining experience, Burger 21 is positioned for enormous growth.