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Below is an in-depth analysis and side-by-side comparison of Applebee'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 | $2,009,038 - $8,267,250 | $619,650 - $817,800 |
Franchise Fee | $35,000 | $35,000 |
Royalty Fee | 4% initially, 5% possible after | 6% |
Advertising Fee | not less than 4% | - |
Year Founded | 1980 | 2008 |
Year Franchised | 2014 | 2008 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Our Ideal Franchise Partner -Is committed to a long term franchise relationship built on trust and respect -Knows how to build a brand -Understands that accessible pricing and value are core components of casual dining -Has prior hospitality experience or knowledge, particularly in critical areas like supply chain, quality assurance, real estate development, and marketing -Has or will have infrastructure dedicated to the development of our brand -Has material liquidity and net worth, with access to capital -Has a track record of developing multi-unit restaurant systems | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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.