Taxi's Restaurants International vs Hwy 55 Burgers, Shakes & Fries Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taxi's Restaurants International vs Hwy 55 Burgers, Shakes & Fries including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Taxi's Restaurants International Franchise
Hwy 55 Burgers, Shakes & Fries Franchise
Investment N/A $196,055 - $433,055
Franchise Fee $25,000 $25,000
Royalty Fee - 5%
Advertising Fee - 1%
Year Founded - 1991
Year Franchised - 1993
Term Of Agreement - 10 years
Term Of Agreement - 10 years
Renewal Fee - -


Business Experience Requirements

 
Taxi's Restaurants International Franchise
Hwy 55 Burgers, Shakes & Fries Franchise
Experience -

We're looking for individuals with: *Strong business experience *A commitment to quality food & customer service *Restaurant industry know-how


Financing Options

 
Taxi's Restaurants International Franchise
Hwy 55 Burgers, Shakes & Fries Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Taxi's Restaurants International Franchise
Hwy 55 Burgers, Shakes & Fries Franchise
Training -

Full training program Hwy 55 will send trained representatives to work with you and your team at your restaurant for a total of 10 working days. We will assist with 5 on-site pre-opening days and 5 on-site post-opening days. We reserve the right to stay longer to ensure a successful opening. Costs of the training program are included in your franchise fee; however, all travel and lodging costs will be at the franchisee’s expense. On-The-Job Training: 40 hours Classroom Training: 40 hours

Support - Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -

We have established and will administer a Marketing/Advertising fund on behalf of the Hwy 55 brand to provide national or regional creative materials for the benefit of your Hwy 55 location. We currently require Hwy 55 Franchisees to contribute 1% of gross sales for each restaurant to the Marketing/Advertising fund. In addition to contributions described above, we recommend you spend annually throughout the term of the franchise agreement, 2% of gross sales of the restaurant for local advertising in your primary area of responsibility. This amount is not paid to us, but rather is spend by you at your discretion. As a member of your local business community, you know the best local advertising opportunities. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app

Operations - Absentee Ownership Allowed Number of Employees Required to Run: 20 - 50

Expansion Plans

 
Taxi's Restaurants International Franchise
Hwy 55 Burgers, Shakes & Fries Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - Yes

Start-Up Costs and Fees Mobile

Investment
Taxi's Restaurants International Franchise
N/A
Hwy 55 Burgers, Shakes & Fries Franchise
$196,055 - $433,055
Franchise Fee
Taxi's Restaurants International Franchise
$25,000
Hwy 55 Burgers, Shakes & Fries Franchise
$25,000
Royalty Fee
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
5%
Advertising Fee
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
1%
Year Founded
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
1991
Year Franchised
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
1993
Term Of Agreement
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
10 years
Renewal Fee
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
-


Business Experience Requirements

Experience
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise

We're looking for individuals with: *Strong business experience *A commitment to quality food & customer service *Restaurant industry know-how


Financing Options

  In-House/3rd Party
Franchise Fees
Taxi's Restaurants International Franchise
-/-
Hwy 55 Burgers, Shakes & Fries Franchise
-/-
Start-up Costs
Taxi's Restaurants International Franchise
-/-
Hwy 55 Burgers, Shakes & Fries Franchise
-/-
Equipment
Taxi's Restaurants International Franchise
-/-
Hwy 55 Burgers, Shakes & Fries Franchise
-/-
Inventory
Taxi's Restaurants International Franchise
-/-
Hwy 55 Burgers, Shakes & Fries Franchise
-/-
Receivables
Taxi's Restaurants International Franchise
-/-
Hwy 55 Burgers, Shakes & Fries Franchise
-/-
Payroll
Taxi's Restaurants International Franchise
-/-
Hwy 55 Burgers, Shakes & Fries Franchise
-/-

Training & Support

Training
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise

Full training program Hwy 55 will send trained representatives to work with you and your team at your restaurant for a total of 10 working days. We will assist with 5 on-site pre-opening days and 5 on-site post-opening days. We reserve the right to stay longer to ensure a successful opening. Costs of the training program are included in your franchise fee; however, all travel and lodging costs will be at the franchisee’s expense. On-The-Job Training: 40 hours Classroom Training: 40 hours

Support
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise

We have established and will administer a Marketing/Advertising fund on behalf of the Hwy 55 brand to provide national or regional creative materials for the benefit of your Hwy 55 location. We currently require Hwy 55 Franchisees to contribute 1% of gross sales for each restaurant to the Marketing/Advertising fund. In addition to contributions described above, we recommend you spend annually throughout the term of the franchise agreement, 2% of gross sales of the restaurant for local advertising in your primary area of responsibility. This amount is not paid to us, but rather is spend by you at your discretion. As a member of your local business community, you know the best local advertising opportunities. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app

Operations
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
Absentee Ownership Allowed Number of Employees Required to Run: 20 - 50

Expansion Plans

US Expansion
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
Yes
Canada Expansion
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
-
International Expansion
Taxi's Restaurants International Franchise
-
Hwy 55 Burgers, Shakes & Fries Franchise
Yes

Company Overviews

About Taxi's Restaurants International

About Hwy 55 Burgers, Shakes & Fries

Hwy 55 Burgers Shakes & Fries has been serving up good times and great food since 1991. We've achieved a lot in the last over 25 years, growing to over 100 restaurants across North Carolina, South Carolina, Virginia, Ohio and Florida, with 500 more locations scheduled to open in the next 7 years. During that time, our mission has remained the same: to provide each guest with world-class service and fresh food in a family atmosphere. 
Hwy 55 Burgers Shakes & Fries fits a niche between fast food and casual dining, offering the customer the best benefits of both segments. We provide the convenience of fast food, with rapid response times and an affordable menu, but with a twist: our freshly made food is a much tastier alternative to typical pre-cooked hamburgers and french fries. We offer
 *Limited menu with widespread appeal
 *Several store design/location options
 *An efficient operational system
 *Strong online/on-site training & marketing programs
 *Access to our network of hand-picked food vendors
 *Ongoing support from a dedicated franchise team
 *A firm foundation for success
 The Hwy 55 Burgers Shakes & Fries franchise program is designed for the growth of the individual and the company; it's not an investment, it's a family. We look forward to using our talents to help you realize your personal and financial goals, and to helping others do the same! At Hwy 55 Burgers Shakes & Fries, we expect the highest quality from our menu and staff, right on up to our franchisees. We're looking for dedicated individuals that want to control their own destiny while building an organization consumed by a passion for serving people. Those who join us as franchise owners will have the tools at hand to quickly build and grow their business, plus the support of a team that has been there before. If you are going to be an Area Developer, then you will sign an Area Development Agreement and pay an area development fee. The amount of the Area Development Fee will depend on the number of Hwy 55 Burgers Shakes & Fries restaurants to be developed under the Area Development Agreement, and will be calculated as follows: $25,000 for the first Hwy 55 restaurant plus a deposit of $12,000 for each additional Hwy 55 restaurant to be opened under that agreement. For example, if you will develop three Hwy 55 restaurants, the Area Development Fee is calculated as $25,000 + (2 x $12,500 = $25,000) = $50,000.

Veteran Incentives  10% off franchise fee