Start-Up Costs and Fees |
||
| Bagger Daves | Runza Restaurants | |
| Investment | 0 - 0 | 1250000 - 2720000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1%+up to 4% locally | |
| Year Founded | 0 | 1949 |
| Year Franchised | 0 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bagger Daves | Runza Restaurants | |
| 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. | |
Financing Options |
||
| Bagger Daves | Runza Restaurants | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Bagger Daves | Runza Restaurants | |
| Training | ||
| Support | ||
| 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 | |
Expansion Plans |
||
| Bagger Daves | Runza Restaurants | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bagger Daves | |
| Runza Restaurants | |
| Franchise Fee | |
| Bagger Daves | |
| Runza Restaurants | |
| Royalty Fee | |
| Bagger Daves | |
| Runza Restaurants | 5% |
| Advertising Fee | |
| Bagger Daves | |
| Runza Restaurants | 1%+up to 4% locally |
| Year Founded | |
| Bagger Daves | 0 |
| Runza Restaurants | 1949 |
| Year Franchised | |
| Bagger Daves | 0 |
| Runza Restaurants | 1970 |
| Term Of Agreement | |
| Bagger Daves | |
| Runza Restaurants | 10 years |
| Renewal Fee | |
| Bagger Daves | |
| Runza Restaurants | $5,000 |
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. |
| Runza Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Bagger Daves | |
| Runza Restaurants | |
| Start-up Costs | |
| Bagger Daves | |
| Runza Restaurants | |
| Equipment | |
| Bagger Daves} | |
| Runza Restaurants | |
| Inventory | |
| Bagger Daves | |
| Runza Restaurants | |
| Receivables | |
| Bagger Daves | |
| Runza Restaurants | |
| Payroll | |
| Bagger Daves | |
| Runza Restaurants | |
Training & Support |
|
| Training | |
| Bagger Daves | |
| Runza Restaurants | |
| Support | |
| Bagger Daves | |
| Runza Restaurants | |
| Marketing | |
| Bagger Daves | |
| Runza Restaurants | |
| 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 |
| Runza Restaurants | |
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 |
| Runza Restaurants | |
| Canada Expansion | |
| Bagger Daves | |
| Runza Restaurants | |
| International Expansion | |
| Bagger Daves | |
| Runza Restaurants | |