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Below is an in-depth analysis and side-by-side comparison of Hooters vs Taste Of Mediterranean including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $956,500 - $4,275,000 | $99,000 - And Up |
Franchise Fee | $75,000 | $12,000 - $20,000 |
Royalty Fee | 5% | $1,000. a month, Flat Fee. |
Advertising Fee | 2.5% | 2% |
Year Founded | 1983 | 2004 |
Year Franchised | 1986 | 2007 |
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 | -/Yes |
Start-up Costs | -/Yes | -/Yes |
Equipment | -/Yes | -/Yes |
Inventory | -/Yes | -/Yes |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: Varies Classroom Training: Varies | Full hands on trianing for 2 weeks at one of our location. |
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 | - | - |
International Expansion | Yes | - |
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
Taste of Mediterranean offers great tasting Mediterranean specialty platters, appetizers, sandwiches, pitas, wraps, pizzas, and salads that customers love! We are proud of our great food. Now we are expanding to bring our delicious business opportunity to communities across Canada, USA and Beyond.As a franchisee, we offer you low start up costs, low franchise fees, and low royalties to help you get started with your successful new venture! We offer all our franchisees full training including business management, food management and cooking training. We offer you lease negotiation assistance and store set-up for a successful launch of your restaurant.