Start-Up Costs and Fees |
||
| Bagger Daves | Hardee's | |
| Investment | 0 - 0 | 1454000 - 2046000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | 5.50% | |
| Year Founded | 0 | 1961 |
| Year Franchised | 0 | 1962 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bagger Daves | Hardee'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 General business experience Preferable operational experience in a restaurant, but will consider people who have owned their own business |
Financing Options |
||
| Bagger Daves | Hardee's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bagger Daves | Hardee's | |
| Training | Available at franchisee's location, 8 weeks management training & at grand opening | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| 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 | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| Bagger Daves | Hardee'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 | Mid West, North East, North West, South, South East, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bagger Daves | |
| Hardee's | |
| Franchise Fee | |
| Bagger Daves | |
| Hardee's | |
| Royalty Fee | |
| Bagger Daves | |
| Hardee's | 4% |
| Advertising Fee | |
| Bagger Daves | |
| Hardee's | 5.50% |
| Year Founded | |
| Bagger Daves | 0 |
| Hardee's | 1961 |
| Year Franchised | |
| Bagger Daves | 0 |
| Hardee's | 1962 |
| Term Of Agreement | |
| Bagger Daves | |
| Hardee's | 20 years |
| Renewal Fee | |
| Bagger Daves | |
| Hardee's | Varies |
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. |
| Hardee's | Industry experience General business experience Preferable operational experience in a restaurant, but will consider people who have owned their own business |
Financing Options |
|
| Franchise Fees | |
| Bagger Daves | |
| Hardee's | |
| Start-up Costs | |
| Bagger Daves | |
| Hardee's | |
| Equipment | |
| Bagger Daves} | |
| Hardee's | |
| Inventory | |
| Bagger Daves | |
| Hardee's | |
| Receivables | |
| Bagger Daves | |
| Hardee's | |
| Payroll | |
| Bagger Daves | |
| Hardee's | |
Training & Support |
|
| Training | |
| Bagger Daves | |
| Hardee's | Available at franchisee's location, 8 weeks management training & at grand opening |
| Support | |
| Bagger Daves | |
| Hardee's | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Bagger Daves | |
| Hardee's | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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 |
| Hardee's | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. |
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 |
| Hardee's | Mid West, North East, North West, South, South East, |
| Canada Expansion | |
| Bagger Daves | |
| Hardee's | |
| International Expansion | |
| Bagger Daves | |
| Hardee's | |