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Below is an in-depth analysis and side-by-side comparison of Babaz 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 | N/A | $122,850 - $213,450 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 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 | - | 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 | - | - |
Looking for an investment opportunity that will allow you to operate your own business with financial success? Babaz, a growing company offers you the best of both worlds as well as financial security to help build your future. Babaz is always looking for ambitious and hard working people to become part of our growing team. Why Join Us? An investment in your future Highly developed retail marketing plans Effective and coordinated advertising Streamlined central supply source Comprehensive training program: theoretical, practical and on-site Knowledgeable field support team Site selection and lease negotiations Sell both services and products for complimentary profits Flat-rate royalty Food industry is recession proof Constant cash flow Over 50 years of combined experience Our winning team!