TODOROFF'S® FEATURES
An All–American favorite food: Hot Dogs & Coney Islands
Four generations of experience and success since 1914
Todoroff's Original Chili sauce recipe is the reason for our Coney's success
Over 30 million Coney Islands sold
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TODOROFF'S® TARGET MARKET
Business Lunch – convenient, quick food that maximizes your lunch time
Families – easy and fast service for families in a rush. Our menu contains a variety of choices that are fresh, tasty, and easy on the pocketbook. Children love Coney Islands and hot dogs.
Senior Citizens – healthy menu with reasonable prices for fixed incomes
Teenagers And College Students – affordable prices that are quick and easy for lunch, dinner, and snacks after the movies
Everyone – loves Coneys!
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TRAINING PROGRAM
Restaurant experience is not required, but is desirable
Management background in food service is valuable
A complete training program to start your business
Three weeks training at our training facility
Two weeks training at your location
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FRANCHISE SUPPORT
Periodic franchise meetings and an annual conference
Franchise newsletter
Periodic store visits
Operations Manual – a virtual experienced partner
Buying Power – economies of scale
Group Advertising – economies of scale
We are motivated to help you succeed
Your Success Is Our Success!
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AS A TODOROFF'S® FRANCHISEE
During the term of your franchise, the Franchise Agreement allows you to operate a specific Todoroff's Original Coney Island restaurant, according to Todoroff's standards, for a specified period.
Term: The duration of the Franchise Agreement. (10 years)
Franchise Fee: An initial fee that covers the cost of your franchise activation.
Franchise Royalty: A weekly fee based upon the restaurant's sales performance. (5% of weekly sales)
Local Advertising Expenditure: All franchisees must advertise in their local area of business. The amount spent on advertising is based on the restaurant's sales performance. (2% of weekly sales)
National Advertising Fund: A weekly fee based on the restaurant's sales performance used to fund national advertising. (2% of weekly sales)
(We currently do not collect this fee.)
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TODOROFF'S® FRANCHISE INFORMATION OVERVIEW
The following table provides a brief overview of the requirements for becoming a Todoroff's franchisee.
| MINIMUM FINANCIAL REQUIREMENTS: |
Net Worth: $200,000 Liquid Assets: $100,000 |
| EXPERIENCE: |
Previous franchise or restaurant experience preferred |
| MULTI–UNIT DEVELOPMENT: |
3 restaurant minimum |
| TOTAL ESTIMATED INITIAL INVESTMENT: |
$354,500 – $789,500 (excluding real estate) |
| FRANCHISE FEE: |
$25,000 per unit |
| ROYALTY FEE: |
5% of gross sales |
| ADVERTISING FEE: |
2% of gross sales (local advertising) 2% of gross sales (national advertising) |
| UNIT SIZE: |
1,200 square feet to 1,800 square feet (approximately) |
| TERM OF FRANCHISE AGREEMENT: |
10 years |
We Are Passionate About Coney Islands!
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THIS IS NOT A SOLICITATION TO BUY NOR AN OFFER TO SELL FRANCHISES. AN OFFERING CAN ONLY BE MADE BY AN OFFERING CIRCULAR THAT MEETS THE REQUIREMENTS OF THE FEDERAL TRADE COMMISSION AND THE STATES IN WHICH AN OFFERING IS MADE. FRANCHISES WILL BE OFFERED FOR SALE ONLY IN THOSE STATES IN WHICH TODOROFF'S IS REGISTERED TO OFFER FRANCHISES FOR SALE OR IN WHICH REGISTRATION IS NOT REQUIRED. REGISTRATION IN ANY STATE DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE STATE NOR A FINDING BY THE STATE THAT THE INFORMATION PROVIDED IN THIS WEBSITE OR IN A TODOROFF'S OFFERING CIRCULAR IS TRUE, COMPLETE, AND NOT MISLEADING.
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