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Below is an in-depth analysis and side-by-side comparison of Burger Hut vs Fulton Market Burger Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $376,092 - And Up | $275,000 - $405,000 |
Franchise Fee | N/A | $15,000 |
Royalty Fee | 4.5% | 4% |
Advertising Fee | - | 2% |
Year Founded | 1978 | 1999 |
Year Franchised | 2007 | 2004 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
In 1978, we had a plan to work in a friendly environment where our guests would be welcomed and always feel comfortable; one that offered quality food at value prices. We wanted to serve food quickly, but not serve fast food. We wanted to serve popular and common food (after all, what's more common than a burger in the USA?) but prepare it in an uncommon way -- with special attention to quality and selection. We wanted our guests to have plenty of fresh choices when it came to condiments. We wanted a place we could be proud of and where we would make lots of new friends!
The original Burger Hut in Chico, California was located just across the railroad tracks from California State University, Chico. Over the years we have consistently provided quick value-packed meals to college students, while helping many work their way through school as employees. As our popularity grew, so did our business, and we opened several other Burger Hut locations nearby.
Today, Burger Hut continues to serve the highest quality food. A family owned and operated restaurant tradition, Burger Hut Burgers takes pride in being a part of the community. Our philosophy remains simple -- provide quality fresh food at reasonable prices and let the guests decide what goes on their burgers.
As an effective business operator, you wish to minimize risk and maximize profit. That is exactly what successful franchising is all about. Franchised businesses have a higher success rate than independent businesses. This is a fact. It is generally accepted that an estimated 40% of all non-franchised businesses do not make it to the end of their first year of operation, and 80% will fail within their first five years of operation. And even the 20% that do manage to survive are not safe, as 90% of them will fail within the next five years. In most cases this is not due to lack of revenues and its mostly based on lack of experience, support and management skills. By joining a Franchise, franchisees can benefit from the Brand marketing, purchasing power and management expertise offered by well-established franchisors. This is particularly attractive to those persons entering the highly competitive food service industry for the first time. As a result of the positive interaction between franchisee and franchisor, our restaurant owner/operators are much more likely to be financially successful than were they to enter the industry as independent restaurateurs.