Start-Up Costs and Fees |
||
| Damon's | Bar-B-Cutie | |
| Investment | 1200000 - 3200000 | 266986 - 2080491 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1979 | 1950 |
| Year Franchised | 1982 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Bar-B-Cutie | |
| Experience | Industry experience | General business experience |
Financing Options |
||
| Damon's | Bar-B-Cutie | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Damon's | Bar-B-Cutie | |
| Training | On-The-Job Training: 250 hours Classroom Training: 50 hours | |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Damon's | Bar-B-Cutie | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Damon's | |
| Bar-B-Cutie | |
| Franchise Fee | |
| Damon's | |
| Bar-B-Cutie | |
| Royalty Fee | |
| Damon's | 4% |
| Bar-B-Cutie | 5% |
| Advertising Fee | |
| Damon's | |
| Bar-B-Cutie | 2% |
| Year Founded | |
| Damon's | 1979 |
| Bar-B-Cutie | 1950 |
| Year Franchised | |
| Damon's | 1982 |
| Bar-B-Cutie | 2003 |
| Term Of Agreement | |
| Damon's | 10 years |
| Bar-B-Cutie | 10 years |
| Renewal Fee | |
| Damon's | |
| Bar-B-Cutie | $5K |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Bar-B-Cutie | General business experience |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Bar-B-Cutie | No |
| Start-up Costs | |
| Damon's | |
| Bar-B-Cutie | |
| Equipment | |
| Damon's} | |
| Bar-B-Cutie | |
| Inventory | |
| Damon's | |
| Bar-B-Cutie | |
| Receivables | |
| Damon's | |
| Bar-B-Cutie | |
| Payroll | |
| Damon's | |
| Bar-B-Cutie | |
Training & Support |
|
| Training | |
| Damon's | |
| Bar-B-Cutie | On-The-Job Training: 250 hours Classroom Training: 50 hours |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Bar-B-Cutie | Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Bar-B-Cutie | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Damon's | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Bar-B-Cutie | 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Damon's | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Bar-B-Cutie | |
| Canada Expansion | |
| Damon's | |
| Bar-B-Cutie | 0 |
| International Expansion | |
| Damon's | |
| Bar-B-Cutie | |