Beef Jerky Experience vs The Halal Guys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Beef Jerky Experience vs The Halal Guys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$215,750 - $778,800 | $231,600 - $834,000 |
Franchise Fee |
$44,900 | N/A |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
2003 | 1990 |
Year Franchised |
2010 | 2014 |
Term Of Agreement |
5 years+5+5+5 | - |
Term Of Agreement |
5 years+5+5+5 | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | 5-10 Units Minimum Commitment · $1M liquid capital · $2M total net worth.
Liquidity Note: Franchisees must have clear access to at least $1M for the minimum 5-unit franchise, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores. |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/Yes | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/Yes | -/- |
Payroll |
-/Yes | -/- |
Training & Support |
Training |
The initial training covers all material aspects of the operation of a The Beef Jerky Outlet franchise
On-The-Job Training: 23-35 hours
Classroom Training: 13-19 hours
| - |
Support |
Comprehensive Training.
Ongoing Support.
Proven Inventory.
Site Development | - |
Marketing |
The Beef Jerky Outlet's name and reputation is an important part of our business.
You will spend a minimum of $1,000 on grand-opening advertising during the first three months of operations.
You will spend at least 2% of your gross sales per month on local advertising.
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app | - |
Operations |
Absentee Ownership Allowed
Number of Employees Required to Run: 2 - 4
| - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Beef Jerky Experience
Have you ever dreamed of having the time to do the things important to you while building your financial future? Beef Jerky Experience franchise affords franchisees the opportunity to create wealth while being present in their personal lives.
Taking the steps toward opening your own retail franchise business can be both an exciting and life changing experience. Beef Jerky Experience franchisees benefit from our proven track record while being in business for themselves, but not by themselves. We created the brand, system and support to help you take control of your financial future and live the American Dream. Through our wide range of expertise, there is always someone to turn to for answers. Beef Jerky Experience products are unique in that they are made in small batches and not distributed in the mass market. Beef jerky fans from far and wide arrive in "beef jerky heaven" when they visit our jerky franchise stores and are always seen wearing a smile. We offer our guests a unique sales proposition -Try Before You Buy. Guests are invited to test our different products until they find the flavor that's just right for them. This proposition results in higher average sales per transaction than at other retail franchise stores and very happy customers! Beef Jerky Experience turnkey franchise system is simple in comparison to other popular retail franchise concepts. We offer an easy-to-follow business model with little or no competition in the specialized market of beef jerky sales.
Within our system, Beef Jerky Experience franchisees enjoy:
-High quality product with extended shelf life
-Low outlet franchise operating costs
-Inventory that sells quickly, offering no need for warehouse storage
-A business with only a small amount of payroll and other general retail paperwork
-Freedom from major contracts
-Contact with one centralized, knowledgeable product team
-Personalized interaction with the hands-on owners of the overall outlet franchise
-Continuous, ongoing support
-Higher than average sales per transaction
Many of our best retail franchise opportunities are now available and we are searching for qualified individuals to become part of our growing, dynamic jerky franchise team. If you're ready to revolutionize your personal and financial freedom, Beef Jerky Experience is ready to hear from you.
The total investment necessary to begin operation of a Beef Jerky
Experience franchised business ranges from $215,750 to $396,900. This
includes between $60,850 to $65,850 that must be paid to the franchisor
and/or its affiliate.
The total investment necessary to begin operation
as a two Store Multi-Unit Operator ranges from $416,500-$778,800. This
includes $95,750 to $100,750 that must be paid to the franchisor or its
affiliate.
The Beef Jerky Experience offers qualified veterans 50% off its franchise fee.
#453 in Franchise 500 for 2020.
About The Halal Guys
The world famous The Halal Guys has created major global buzz with media and fans alike after announcing franchise deals for 225 new units in their first year of franchising! The concept originated with a humble food cart in Manhattan in 1990, and quickly grew into a leading tourist and native New Yorker destination for mouth-watering American Halal fare, including their signature chicken, gyro and falafel platters over rice and their world-famous white sauce. This original food cart is known as NYC's never-ending line! Due to overwhelming consumer demand and constant requests from fans, The Halal Guys is now franchising worldwide.
Franchisees must have clear access to at least $1M for the minimum 5-unit franchises, which includes: $500k or more that is immediately liquid and ready to invest, at least $800k+ in cash plus access to debt (line of credit or letter from lender that they are pre-qualified). This ensures you have adequate capital to buy territory and open first two stores.