Franchise Info
The Coney Island Experience
IT ALL STARTS WITH THE WEINER
Founded by Greek immigrant Christ Economou in 1926 in downtown Tulsa, Coney Island Hot Weiner Shop has fed generations of Oklahomans. It is now seeking entrepreneurs to help the brand grow to 500 locations over the next 10 years across the U.S. and internationally.
"Coney Island Hot Weiner Shop has spent the last 92 years perfecting our brand and business model. The timing is right to bring our pioneering fast-casual brand to the world,” says Vicki Economou, managing partner of CVE, LLC, owner of the brand." Coneys possess the unique ability to be instantly recognizable and familiar with families in any market across the U.S. This is a 92-year-old track record of success for potential investors. After nine decades, this is just the beginning for us.”
Elements Of Success
Top quality training and support all the way.
Coney Island Hot Weiner franchising system is a step-by-step method for developing your own restaurant. Whether you are a beginning developer or a seasoned restaurateur, the support system will guide you through site selection, the architecture and construction phases, to restaurant training and Grand Opening. Coney Island Hot Weiner management training program is a comprehensive restaurant management course, covering every aspect of restaurant ownership and management and is done right in our corporate location in Tulsa.
Ongoing support focuses on communication. The company views its franchisees as its customers - exceeding their expectations is a daily goal. By focusing on communication and committing to excellence, Coney Island Hot Weiner dedicates itself to the success of its franchisees.
Owner/Operator Opportunity
As the owner/operator of a Coney Island Hot Weiner restaurant, you receive use of the brand name, trademarks, recipes, operational systems & methods, and decor. Additionally, you will receive support in these specific areas:
Facility planning on site location and architectural design.
Specifications for fixtures, equipment and leasehold improvements.
Assistance in site selection and lease negotiation.
Corporate training for owner/operator and director of operations/general managers.
Kitchen/back of the house workflow design.
Ongoing support from members of the training and operations team.
Ongoing updates for increasing profitability.
Efficiency in all systems. Favorable national contracts with suppliers of goods and services.
Operating manuals, policies, procedures and business management systems.
Coney Island Hot Weiner Shop has implemented the following elements.
Coney Island Culture
A "people focus” is a priority. Important to this culture is the understanding that people make the difference. Coney Island Hot Weiner Shop has created a culture for employees where respect, honesty and dignity become the standard and Coney Island Hot Weiner becomes the employer and restaurant of choice.
Local Store Marketing, Social Networking
These will be the marketing mediums to remind current customers and to find new ones to experience Coney Island Hot Weiner. Two percent of store sales will be allocated for this cause.
Menu Enhancements
The Coney Island Hot Weiner team will not only continue to perfect current recipes, but will also continue to research and develop unique and flavorful recipes and menu offering.
Quality Service
In order to maintain its image, Coney Island Hot Weiner provides attentive and friendly service always continuing to invest in better training systems.
Retail Merchandising
Each unit offers a limited amount of quality merchandise displaying the Coney Island Hot Weiner logos and designs.
Consistent, Quality Food
First and foremost, Coney Island Hot Weiner will continue to develop systems that will ensure the highest quality and consistency.
Operational Controls
Utilize strict operational controls to insure simplified replication of operations over multiple locations. This applies equally to product control and to financial control.
Distinctive Design Features
Each Coney Island Hot Weiner unit displays a collection of vintage style artwork such as photos, paintings, memorabilia, etc..
In-store Branding
Coney Island Hot Weiner will increase its awareness by developing its unique brand which will be used for marketing posters, point of purchase materials, menus, banners, etc..
How Much Does It Cost?
The total investment to open a Coney Island Hot Wiener depends on size of space, location, scope of improvements, and amount of furniture, fixtures and equipment needed. Estimated costs are outlined below:
Your Estimated Initial Investment:
Franchise Fee:$25000.00
Royalty Fee: 7%
Units Open from 8 to 4
Total Investment Range Including Franchise Fee: $175,000 - $250,000 (USD)
Next Steps
CONFERENCE CALL: Present Coney Island Hot Wiener opportunity and answer your questions
FILL OUT A PRE-APPROVAL APPLICATION: Franchise approval granted
FRANCHISE DISCLOSURE DOCUMENT (FDD): Present our FDD for review
SELECT TERRITORY: Where do you want a Coney Island Hot Wiener shop? Are you interested in developing a region or territory?
EXECUTE FRANCHISE AGREEMENT: Welcome to the Coney Island Hot Wiener Family!!
REAL ESTATE: Begin the search for your Coney Island Hot Wiener.
ORIENTATION & TRAINING: Train at Coney Island Hot Wiener Shop in Tulsa for one week.