Start-Up Costs and Fees |
||
| Damon's | Crabby Joes | |
| Investment | 1200000 - 3200000 | 700000 - 850000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1979 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Crabby Joes | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Crabby Joes | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Crabby Joes | |
| 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 | Crabby Joes | |
| 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 | Ontario | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Damon's | |
| Crabby Joes | |
| Franchise Fee | |
| Damon's | |
| Crabby Joes | |
| Royalty Fee | |
| Damon's | 4% |
| Crabby Joes | 5% |
| Advertising Fee | |
| Damon's | |
| Crabby Joes | 2% |
| Year Founded | |
| Damon's | 1979 |
| Crabby Joes | 0 |
| Year Franchised | |
| Damon's | 1982 |
| Crabby Joes | 0 |
| Term Of Agreement | |
| Damon's | 10 years |
| Crabby Joes | |
| Renewal Fee | |
| Damon's | |
| Crabby Joes | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Crabby Joes | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Crabby Joes | No |
| Start-up Costs | |
| Damon's | |
| Crabby Joes | |
| Equipment | |
| Damon's} | |
| Crabby Joes | |
| Inventory | |
| Damon's | |
| Crabby Joes | |
| Receivables | |
| Damon's | |
| Crabby Joes | |
| Payroll | |
| Damon's | |
| Crabby Joes | |
Training & Support |
|
| Training | |
| Damon's | |
| Crabby Joes | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Crabby Joes | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Crabby Joes | |
| 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) |
| Crabby Joes | |
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, |
| Crabby Joes | |
| Canada Expansion | |
| Damon's | |
| Crabby Joes | Ontario |
| International Expansion | |
| Damon's | |
| Crabby Joes | |