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Frequently Asked Questions
- What type of person makes the best franchisee?
- Friendly, hard working, committed individuals who genuinely care about satisfying their customers and take pride in being the absolute best at what they do. Experience in some aspect of the food business is desirable but not required. Your commitment to delivering the ‘best’ big, juicy ‘run-down-your-chin-good’ burger that has ever been delivered in your city is required. Delivery of quality food is a unique and challenging concept, no one has done it before and that’s why Burger Joe’s Takeout/Delivery is such an exciting business opportunity.
- How large is a Protected Territory?
- No other Burger Joe’s Delivery/Takeout will be allowed to open or deliver within your territory which will extend in a 3 mile radius from your site.
- How long will it take to get started?
- There are many variables in getting your unit open. The amount of time it takes to find a location and sign the lease; the extent of remodeling needed; the availability of equipment; the scheduling of your training; and the ability to hire and train your staff all enter into the equation. Most units open 60 to 120 days from the signing of a lease.
- How much does a Burger Joe’s Franchise cost to open?
- The initial franchise fee is $25,000 for your first unit. Because many persons want more than one unit, all subsequent units have a lower franchise fee of $18,000. In addition, you should have $100,000 to $135,000 to cover all the anticipated costs of opening and running your business for the first several months. Typically, $10,000 to $15,000 of this amount will be held in reserve for working capital to support operating expenses such as rent and payroll during the start-up period.
- Is any financing available?
- Burger Joe’s does not offer any financing to prospective franchisees. If you are still working and feel you’ll need to borrow funds to invest in your franchise, we suggest you arrange for an Equity Line loan on your residence that you can draw upon as your needs dictate. It’s typically advisable to make these arrangements before you leave your current job.
- Do I buy my equipment and food from Burger Joe’s?
- Burger Joe’s will specify the equipment and food products you will need to open and run your restaurant. We have established quality standards. However, we do not sell either equipment or food. You purchase these directly from vendors - most of whom will give you quantity discounts based on the volume purchased by all Burger Joe’s franchisees collectively.
- What are the ongoing costs of a franchise?
- Like most franchisors there is a royalty on your ongoing sales. The Burger Joe’s royalty is currently 5% of your gross sales, minus sales tax. As the Burger Joe’s franchise system expands there may also be a Marketing fund created to be used to promote the Brand across all franchised territories. The Marketing Fund would be set at 2% of your gross sales, less sales tax, based on the current Franchise Agreement. Burger Joe’s staff would administer the funds, however all Marketing Fund allocations would be reviewed and approved by a designated Marketing Fund Franchisee Advisory Council.
- How much can I earn?
- We are unable to provide predictions of how much you will earn in your specific franchise. Your ability and willingness to execute the business plan we’ll share with you during your training will be a prime factor in your success. You control your profit margins and expenses in your franchise.
- What steps should I take to further explore the Burger Joe’s Franchise?
- Complete our Request for Consideration questionnaire and return it in the enclosed envelope. Once we receive your information our Franchise Licensing Consultant will contact you.
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© 2009 Burger Joe's of America
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