Start-Up Costs and Fees |
||
| Boston's Restaurant & Sports Bar | Russo's Coal-Fired Italian Kitchen | |
| Investment | 600000 - 3057500 | 295000 - 750000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2% | |
| Year Founded | 1964 | 1992 |
| Year Franchised | 1978 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Boston's Restaurant & Sports Bar | Russo's Coal-Fired Italian Kitchen | |
| Experience | To be considered as a candidate for a Boston's franchise, you (or your partnership) must be able to demonstrate at least $1,500,000 in net worth and at least $600,000 in liquid capital to invest in this business. Conversion requirements may be less. | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth |
Financing Options |
||
| Boston's Restaurant & Sports Bar | Russo's Coal-Fired Italian Kitchen | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Boston's Restaurant & Sports Bar | Russo's Coal-Fired Italian Kitchen | |
| Training | Experienced trainers partner with the franchisees to offer ongoing individualized training and support. The team uses various training methods to increase knowledge around operations, functional roles within the restaurant, POS features and management fundamentals. | 8 Week GM & Key Supervisor Training and Certification |
| Support | ||
| Marketing | Franchisees will receive support on an individual and regional level in the form of highly targeted print and broadcast advertising, media buying, public relations and promotions. Field Marketing Managers support the franchisees with all marketing initiatives and help implement localized programs. | |
| Operations | On site pre and post opening training and operational support with quarterly QA Visits. | |
Expansion Plans |
||
| Boston's Restaurant & Sports Bar | Russo's Coal-Fired Italian Kitchen | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
| Franchise Fee | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
| Royalty Fee | |
| Boston's Restaurant & Sports Bar | 5% |
| Russo's Coal-Fired Italian Kitchen | 7% |
| Advertising Fee | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | 2% |
| Year Founded | |
| Boston's Restaurant & Sports Bar | 1964 |
| Russo's Coal-Fired Italian Kitchen | 1992 |
| Year Franchised | |
| Boston's Restaurant & Sports Bar | 1978 |
| Russo's Coal-Fired Italian Kitchen | 1998 |
| Term Of Agreement | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | 10 years+5 |
| Renewal Fee | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
Business Experience Requirements |
|
| Experience | |
| Boston's Restaurant & Sports Bar | To be considered as a candidate for a Boston's franchise, you (or your partnership) must be able to demonstrate at least $1,500,000 in net worth and at least $600,000 in liquid capital to invest in this business. Conversion requirements may be less. |
| Russo's Coal-Fired Italian Kitchen | No Restaurant experience necessary but helpful Minimum financials are $175K to $400K in investment capital and a $600K to $1.0MM net worth |
Financing Options |
|
| Franchise Fees | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
| Start-up Costs | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
| Equipment | |
| Boston's Restaurant & Sports Bar} | |
| Russo's Coal-Fired Italian Kitchen | |
| Inventory | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
| Receivables | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
| Payroll | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
Training & Support |
|
| Training | |
| Boston's Restaurant & Sports Bar | Experienced trainers partner with the franchisees to offer ongoing individualized training and support. The team uses various training methods to increase knowledge around operations, functional roles within the restaurant, POS features and management fundamentals. |
| Russo's Coal-Fired Italian Kitchen | 8 Week GM & Key Supervisor Training and Certification |
| Support | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
| Marketing | |
| Boston's Restaurant & Sports Bar | Franchisees will receive support on an individual and regional level in the form of highly targeted print and broadcast advertising, media buying, public relations and promotions. Field Marketing Managers support the franchisees with all marketing initiatives and help implement localized programs. |
| Russo's Coal-Fired Italian Kitchen | |
| Operations | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | On site pre and post opening training and operational support with quarterly QA Visits. |
Expansion Plans |
|
| US Expansion | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |
| Canada Expansion | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | 0 |
| International Expansion | |
| Boston's Restaurant & Sports Bar | |
| Russo's Coal-Fired Italian Kitchen | |