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Below is an in-depth analysis and side-by-side comparison of Chuck E. Cheese's vs Boston's Restaurant & Sports Bar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,170,000 - $1,830,000 | $600,000 - $3,057,500 |
Franchise Fee | $50,000 - $800,000 | $50,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | 0,75% | - |
Year Founded | 1977 | 1964 |
Year Franchised | 1977 | 1978 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | To maintain our brand’s reputation, we ask that potential franchise owners meet the following:
Must be a resident of country to be developed and have knowledge of operating businesses including local regulations, real estate, and local cultures A passion for the brand, commitment and a drive to succeed Strong Leadership skills Strong business and financial acumen Good interpersonal and administrative skills An entrepreneurial mindset Capital to grow: Our minimum financial requirements are that potential franchise partners have a minumum of $800,000 in liquid assets that they can invest into each Chuck E. Cheese’s they develop If you would like to open 1-5 stores, it would require $800,000- $ 4 million in liquid assets to be invested in Chuck E Cheese’s. If you would like to open 6-10 stores, it would require $4- $8 million in liquid assets to invested in Chuck E. Cheese’s If you would like to open 11 or more stores, it would require $8.8 million in liquid assets to be invested in Chuck E. Cheese’s | To be considered as a candidate for a Boston's franchise, you (or your partnership) must be able to demonstrate at least $1,500,000 in net worth and at least $600,000 in liquid capital to invest in this business. Conversion requirements may be less. |
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 | - | Experienced trainers partner with the franchisees to offer ongoing individualized training and support. The team uses various training methods to increase knowledge around operations, functional roles within the restaurant, POS features and management fundamentals. |
Support | - | - |
Marketing | - | Franchisees will receive support on an individual and regional level in the form of highly targeted print and broadcast advertising, media buying, public relations and promotions. Field Marketing Managers support the franchisees with all marketing initiatives and help implement localized programs. |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |