| ||||
Updated RecentlyFatburger vs Philly Dawgz Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fatburger vs Philly Dawgz including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $498,100 - $850,600 | $77,000 - $135,000 |
| Franchise Fee | $50,000 | $30,000 |
| Royalty Fee | 6% | 3.5% |
| Advertising Fee | 2% | 3% local +1% Nat'l |
| Year Founded | 1952 | - |
| Year Franchised | 1990 | - |
| Term Of Agreement | 5 Year | - |
| Term Of Agreement | 5 Year | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | * Net Worth: $1,500,000.00 * Liquidity: $500,000.00 * For multi-unit deals, must meet all FCCR and capital requirements * Financial resources to support the business with debt/equity when necessary * Ability to develop additional restaurants (if required) * Excellent personal/professional and financial references * Clear credit and criminal background checks * Leadership standing in the community through participation with civic organizations * Understands the “business of running the business” * Sound business management skills * Mid-level entrepreneur spirit * Demonstrates leadership skills * Ability to manage and direct human resources under a proven system * Has an understanding of how to develop leadership skills on his/her team * Demonstrates a strong work ethic and a high level of integrity * Customer focused and responsive to customer needs * Possesses a strong decision-making ability * Effective communication skills * Ability to follow directions * Has a passion and enthusiasm for the business * Interested in working in a fast-paced and highly charged industry * Possesses a drive and desire to succeed | � Leadership/people skills � Sales/Marketing skills � Financial Stability and required amount of capital � A great desire to succeed and grow your own business |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | -Proper training is absolutely essential for maintaining a successful operation while maintaining the consistency and integrity of the Fatburger operation and brand. To that end, Fatburger sets rigorous standards for staff development.
-Fatburger provides its franchisees with a detailed and comprehensive curriculum outlining how to operate their Fatburger business. Franchisees will receive thorough instructions in:
| - |
| Support | When franchisees join the Fatburger family, they receive the support provided by an organization committed to their success. Fatburger franchisees will also benefit from the experience of a professional management team. Fatburger has developed an effective, systematic process to get our franchisees up and running quickly. That includes architecture and design support, operational support, purchasing support, equipment selection support, training and recruitment support, advertising and marketing support, and real estate support. | - |
| Marketing | -No business can be successful without creative advertising and an intelligent marketing plan. To continually attract a diverse customer base, Fatburger advertising must react faster, be more daring, more innovative, and more focused on the specific community in which each location is situated. Fatburger's past experience has shown this is the only proven method to stay ahead of the competition. -Fatburger's flair for creative advertising and marketing sets us apart from other restaurants. The distinctive history, the L.A. roots, the world famous cooked-to-order burger, and the look and sound of the restaurants, all provide great opportunities for innovative marketing. | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Fatburger
The now famous Fatburger Restaurant had humble beginnings many years ago in the spotless kitchen of Ms. Lovie Yancey. Her guests enjoyed her hamburgers so much that she was encouraged to share her unique recipe with the world. Ms. Yancey took their advice and opened her first restaurant in Los Angeles, in 1952. She called this restaurant "Fatburger," while her loyal customers called it, "The Last Great Hamburger Stand." Now, over 60 years later, the red and yellow sign still holds the same promise. A promise to serve customers a great hamburger prepared fresh daily at every location. Customers will never find a frozen or prefabricated Fatburger in our restaurants.
At Fatburger, we are proud to say that word of mouth has filled our restaurants for over 60 years. Demographically, our appeal is limitless. Our customers come from every walk of life, mirroring the diversity of every community in which we are located. Teenagers, families with young children, singles, senior citizens, and people from all income levels, and ethnic backgrounds love a great burger. They tell their friends and associates about the superb homemade taste, spotless surroundings, friendly atmosphere and courteous service that they experience at Fatburger Restaurants
About Philly Dawgz
Welcome to Philly Dawgz, bringing Chicago Style hot dawgz to the nation! Philly Dawgz Chicago Style offers a competitive advantage over other franchises with a unique menu, which is very different from traditional burger and French fry restaurants. In offering a flexible menu, franchisees are able to adjust the menu to fit their customer demographics. This in turn leads Philly Dawgz to truly have something for everyone on the menu. As a franchise owner, you will enjoy a simple food concept that is easy to set up and popular with customers. No previous food industry or business ownership experience is necessary. A Unique, Distinct Experience for Customers Philly Dawgz was established to bring Chicago-style flavor, nationwide! The menu is as diverse as the city itself, from the fully dressed Chicago Style hot dog to delicious home-style, slow cooked BBQ and authentic Latin cuisine! From rib tips to Italian beef to burritos, there really is something for everyone on our dynamic menu. Philly Dawgz uses 100% Vienna Beef With all seven original ingredients, our Chicago Dawgz is sure to tantalize customers taste buds with a flavor all its own. The atmosphere is fun and friendly; the decor is vibrant with ketchup and mustard colors and old-time record sleeve decorations. A Simple Concept to Own Philly Dawgz is also an easy concept: Anyone can do it, and it can fit in virtually any space! In fact, a sit down location can seat up to 28 people in just under 600 square feet. There are also many other options such as kiosks, mall food courts, airports, Philly Dawgz hot dog trailers, or even a space that is quick serve with no seating! We offer flexibility - the ability to change the menu to accommodate specific customers' wants and needs. A Philly Dawgz restaurant is also easy to set up and maintain. The equipment and procedures required are straightforward and user-friendly, making it easy to train new employees. And, few employees are required as the turnaround from the customer ordering to the customer receiving his or her food is minimal and quick. An Excellent Business System Philly Dawgz offers an excellent business system competitive with any other food concept on the market. We will help you select an appropriate site for your Philly Dawgz store as well as help guide you in the development of your business systems. We offer pre-designed marketing and advertising forms for you to customize creative marketing to your specific location. We will train your manager to the Philly Dawgz system standards so that you too can offer an outstanding product. Each Philly Dawgz franchisee will receive a comprehensive Food Standards and Operations Manual which details the food preparation requirements to create Philly Dawgz masterpieces. No food experience is required to open a Philly Dawgz franchise.