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Updated RecentlyRumbi Island Grill vs Binghamton Hots Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rumbi Island Grill vs Binghamton Hots including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $350,000 - $495,500 | $122,850 - $213,450 |
| Franchise Fee | $35,000 | $25,000 |
| Royalty Fee | 5%-8% | 5% |
| Advertising Fee | 2% | 2% |
| Year Founded | - | - |
| Year Franchised | - | - |
| Term Of Agreement | - | 10 years +5+5 |
| Term Of Agreement | - | 10 years +5+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Some familiarity with restaurant operations is helpful, but it’s not required to be part of the Binghamton HOTS casual restaurant franchise program. We do look for people who will be dedicated to their restaurant operations, and who have solid business and people management experience. The ability to build a strong operations team and potentially open and operate multiple units are also important factors we evaluate. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/- |
| Start-up Costs | -/- | No/- |
| Equipment | -/- | No/- |
| Inventory | -/- | No/- |
| Receivables | -/- | No/- |
| Payroll | -/- | No/- |
Training & Support |
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| Training | Rumbi offers an 8-week General Manager Training Program as well as in-depth team-member training for all positions. Additional information regarding this training program will be made available to approved Rumbi Franchisees and Area Developers. | Classroom (up to 16 hours) On-the-job (up to 60 hours) sessions |
| Support | - | We will send a representative to assist you and your team on-site around the time of your Grand Opening. We will present you with a copy of our confidential operations manual to help you run your casual restaurant franchise properly on a day-to-day basis. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Rumbi Island Grill
Rumbi Island Grill is the industry leader in tropical fast-casual dining. Established in 2000 in Salt Lake City, Utah, there are now 23 in operation in Utah, Colorado and Arizona. Rumbi creates the ultimate mealtime getaway by blending authentic fare inspired by Jamaican, South Seas and Island cuisine, with quick, convenient service. The menu includes gourmet rice bowls, crisp, fresh salads, soups, sandwiches, beach burgers and platters. Favorites include the Voodoo Chicken Salad, Hawaiian Teriyaki Rice Bowl, juicy Jerk Chicken Sandwich, Aloha Mango Chicken Salad and main entrees like the Luau Pork Plate and tender Volcano-Blackened Mahi-Mahi. Rumbi is a privately held company headquartered in Sandy, Utah led by President and COO Stuart Gee.
Rumbi Island Grill has won "Best of State in Utah" honors in the Asian-Pacific cuisine category for four consecutive years from 2005-2008 and is one of only 43 restaurants in America to be honored by the Whole Grains Council for serving whole grains on its daily menu. Rumbi Island Grill was honored as the best fast casual restaurant in 2007 in the "Best of Greater Phoenix" competition. For more information, please visit: www.rumbi.com.
About Binghamton Hots
Everyone, from college kids and downtown residents to families and workers from local businesses, comes in to Binghamton HOTS for food and fun, throughout the day and night.
You can create your own local a destination that appeals to today’s consumers, including Millennials, who want creative menu options loaded with convenience.
You can create your own local a destination that appeals to today’s consumers, including Millennials, who want creative menu options loaded with convenience.
- You can build business with flexible service options across multiple dayparts - from lunch to dinner to late night - and even offer carry-out, delivery, and catering options, too.
- You can be part of the immense restaurant industry, where demand for customization, convenience and flavor have quick service and fast-casual sales on a continual upward growth trend.
Best of all, you can operate your local HOTS spot with confidence, with our full support at every stage of your restaurant’s operations.