Business Description

FAST EDDIE'S is a hamburger-based, fast-food, double-drive-thru restaurant with no inside seating. We have 100% pure-beef, quality hamburgers with shakes and fries to go. Try our crazy fries!

Franchisor Background

Year Established:  1989

Franchising Since:  2000

Operating Units:
Franchised Units:	6	60%
Company-Owned Units:	4	40%
Total Operating Units:	10	100.0%
Geographic Distribution: U.S.: 0 0% In 0 States Canada: 10 100% In 1 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 10 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Ontario	10

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$200-300K
Cash Investment:	$60-100K
Total Investment:	$200-400K
Average Total Investment:	$300K
Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	4%
Average Royalty:	4%
Advertising Fee:	2%

Average Number of Employees: 3 Full-time, 15 Part-time

Space Needs (in square footage): 900

Preferred Sites: Free-standing Building

Other Sites:

Encourage Conversions? No

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	5
Specific Industry Experience:	4
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	1- Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	Yes
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	18
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Not Applicable
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Not Applicable
Training:
1. Brantford, ON	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 2 U.S.: No Canada: Yes, Ontario Overseas: No	Request Franchisor Info   Submit an online form to receive information from Fast Eddie's.