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New England Hot Dog Company

Hot dog & ice cream restaurant

Background

Founded: 2004 Franchising since: 2005
100 Cummings Center, #231G
Beverly, Massachusetts 01915
Phone:
(978)922-5105


Franchisor is a privately-held company with 4 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 3 0 0 1
2005 0 0 0 1

Where Seeking Franchisees
In the U.S. Northeast, United states

Exclusive territories available.
Territory size: Provided geography protection

Costs and Fees

Total investment: $135K-250K
Franchise fee: $30K
Ongoing royalty fee: 6%
Term of agreement: 5 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 3 - 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 4 weeks

Ongoing Support
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

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