Start-Up Costs and Fees |
||
| Damon's | Billy Sims BBQ | |
| Investment | 1200000 - 3200000 | 174200 - 446100 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 6% |
| Advertising Fee | ||
| Year Founded | 1979 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Billy Sims BBQ | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Billy Sims BBQ | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Billy Sims BBQ | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| 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) | |
Expansion Plans |
||
| Damon's | Billy Sims BBQ | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Damon's | |
| Billy Sims BBQ | |
| Franchise Fee | |
| Damon's | |
| Billy Sims BBQ | |
| Royalty Fee | |
| Damon's | 4% |
| Billy Sims BBQ | 6% |
| Advertising Fee | |
| Damon's | |
| Billy Sims BBQ | |
| Year Founded | |
| Damon's | 1979 |
| Billy Sims BBQ | 0 |
| Year Franchised | |
| Damon's | 1982 |
| Billy Sims BBQ | 0 |
| Term Of Agreement | |
| Damon's | 10 years |
| Billy Sims BBQ | 10 years |
| Renewal Fee | |
| Damon's | |
| Billy Sims BBQ | $2,500 |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Billy Sims BBQ | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Billy Sims BBQ | No |
| Start-up Costs | |
| Damon's | |
| Billy Sims BBQ | |
| Equipment | |
| Damon's} | |
| Billy Sims BBQ | |
| Inventory | |
| Damon's | |
| Billy Sims BBQ | |
| Receivables | |
| Damon's | |
| Billy Sims BBQ | |
| Payroll | |
| Damon's | |
| Billy Sims BBQ | |
Training & Support |
|
| Training | |
| Damon's | |
| Billy Sims BBQ | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Billy Sims BBQ | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Billy Sims BBQ | |
| 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) |
| Billy Sims BBQ | |
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, |
| Billy Sims BBQ | |
| Canada Expansion | |
| Damon's | |
| Billy Sims BBQ | |
| International Expansion | |
| Damon's | |
| Billy Sims BBQ | |