Start-Up Costs and Fees |
||
| Cora's | Huddle House | |
| Investment | 550000 - 900000 | 510435 - 1379575 |
| Franchise Fee | ||
| Royalty Fee | 5% of net | 4% |
| Advertising Fee | 2% National Fund; 1% Local Fund | 510,435 to $1,379,575 |
| Year Founded | 1987 | 1964 |
| Year Franchised | 1994 | 1966 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cora's | Huddle House | |
| Experience | ||
Financing Options |
||
| Cora's | Huddle House | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cora's | Huddle House | |
| Training | We provide franchisees with 5 weeks of theoretical and practical training. | |
| Support | We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant. | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company. | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 24 Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators) |
Expansion Plans |
||
| Cora's | Huddle House | |
| US Expansion | Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Missouri, Mississippi, North Carolina, Ohio, South Carolina, Tennessee, Texas, Virginia, West Virginia, | |
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cora's | |
| Huddle House | |
| Franchise Fee | |
| Cora's | |
| Huddle House | |
| Royalty Fee | |
| Cora's | 5% of net |
| Huddle House | 4% |
| Advertising Fee | |
| Cora's | 2% National Fund; 1% Local Fund |
| Huddle House | 510,435 to $1,379,575 |
| Year Founded | |
| Cora's | 1987 |
| Huddle House | 1964 |
| Year Franchised | |
| Cora's | 1994 |
| Huddle House | 1966 |
| Term Of Agreement | |
| Cora's | |
| Huddle House | 15 years |
| Renewal Fee | |
| Cora's | |
| Huddle House | |
Business Experience Requirements |
|
| Experience | |
| Cora's | |
| Huddle House | |
Financing Options |
|
| Franchise Fees | |
| Cora's | |
| Huddle House | |
| Start-up Costs | |
| Cora's | |
| Huddle House | |
| Equipment | |
| Cora's} | |
| Huddle House | |
| Inventory | |
| Cora's | |
| Huddle House | |
| Receivables | |
| Cora's | |
| Huddle House | |
| Payroll | |
| Cora's | |
| Huddle House | |
Training & Support |
|
| Training | |
| Cora's | We provide franchisees with 5 weeks of theoretical and practical training. |
| Huddle House | |
| Support | |
| Cora's | We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant. |
| Huddle House | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Cora's | |
| Huddle House | Co-op advertising, Ad slicks, National media |
| Operations | |
| Cora's | We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company. |
| Huddle House | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 24 Absentee ownership of franchise is allowed. (60% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Cora's | |
| Huddle House | Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Missouri, Mississippi, North Carolina, Ohio, South Carolina, Tennessee, Texas, Virginia, West Virginia, |
| Canada Expansion | |
| Cora's | 0 |
| Huddle House | 0 |
| International Expansion | |
| Cora's | |
| Huddle House | |