Start-Up Costs and Fees |
||
| Bagger Daves | Hamburger Mary's | |
| Investment | 0 - 0 | 417150 - 955500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% (on first $150K monthly gross), 3% (on monthly gross above $150K) | |
| Advertising Fee | ||
| Year Founded | 0 | 1972 |
| Year Franchised | 0 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bagger Daves | Hamburger Mary's | |
| Experience | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. | Industry experience One partner must have bar/restaurant management experience |
Financing Options |
||
| Bagger Daves | Hamburger Mary's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bagger Daves | Hamburger Mary's | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | ||
| Operations | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required | 8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Bagger Daves | Hamburger Mary's | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Australia,New Zealand, Mexico, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bagger Daves | |
| Hamburger Mary's | |
| Franchise Fee | |
| Bagger Daves | |
| Hamburger Mary's | |
| Royalty Fee | |
| Bagger Daves | |
| Hamburger Mary's | 4% (on first $150K monthly gross), 3% (on monthly gross above $150K) |
| Advertising Fee | |
| Bagger Daves | |
| Hamburger Mary's | |
| Year Founded | |
| Bagger Daves | 0 |
| Hamburger Mary's | 1972 |
| Year Franchised | |
| Bagger Daves | 0 |
| Hamburger Mary's | 1999 |
| Term Of Agreement | |
| Bagger Daves | |
| Hamburger Mary's | 5 years |
| Renewal Fee | |
| Bagger Daves | |
| Hamburger Mary's | |
Business Experience Requirements |
|
| Experience | |
| Bagger Daves | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
| Hamburger Mary's | Industry experience One partner must have bar/restaurant management experience |
Financing Options |
|
| Franchise Fees | |
| Bagger Daves | |
| Hamburger Mary's | |
| Start-up Costs | |
| Bagger Daves | |
| Hamburger Mary's | |
| Equipment | |
| Bagger Daves} | |
| Hamburger Mary's | |
| Inventory | |
| Bagger Daves | |
| Hamburger Mary's | |
| Receivables | |
| Bagger Daves | |
| Hamburger Mary's | |
| Payroll | |
| Bagger Daves | |
| Hamburger Mary's | |
Training & Support |
|
| Training | |
| Bagger Daves | |
| Hamburger Mary's | |
| Support | |
| Bagger Daves | |
| Hamburger Mary's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Bagger Daves | |
| Hamburger Mary's | |
| Operations | |
| Bagger Daves | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
| Hamburger Mary's | 8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Bagger Daves | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Hamburger Mary's | |
| Canada Expansion | |
| Bagger Daves | |
| Hamburger Mary's | |
| International Expansion | |
| Bagger Daves | |
| Hamburger Mary's | Australia,New Zealand, Mexico, Western Europe, |