Start-Up Costs and Fees |
||
| Damon's | Rib City Grill | |
| Investment | 1200000 - 3200000 | 354500 - 825500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 4% |
| Advertising Fee | 1% marketing | |
| Year Founded | 1979 | 1989 |
| Year Franchised | 1982 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Rib City Grill | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Rib City Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Rib City Grill | |
| 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 | Rib City Grill | |
| 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 | |
| Rib City Grill | |
| Franchise Fee | |
| Damon's | |
| Rib City Grill | |
| Royalty Fee | |
| Damon's | 4% |
| Rib City Grill | 4% |
| Advertising Fee | |
| Damon's | |
| Rib City Grill | 1% marketing |
| Year Founded | |
| Damon's | 1979 |
| Rib City Grill | 1989 |
| Year Franchised | |
| Damon's | 1982 |
| Rib City Grill | 2004 |
| Term Of Agreement | |
| Damon's | 10 years |
| Rib City Grill | |
| Renewal Fee | |
| Damon's | |
| Rib City Grill | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Rib City Grill | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Rib City Grill | No |
| Start-up Costs | |
| Damon's | |
| Rib City Grill | |
| Equipment | |
| Damon's} | |
| Rib City Grill | |
| Inventory | |
| Damon's | |
| Rib City Grill | |
| Receivables | |
| Damon's | |
| Rib City Grill | |
| Payroll | |
| Damon's | |
| Rib City Grill | |
Training & Support |
|
| Training | |
| Damon's | |
| Rib City Grill | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Rib City Grill | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Rib City Grill | |
| 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) |
| Rib City Grill | |
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, |
| Rib City Grill | |
| Canada Expansion | |
| Damon's | |
| Rib City Grill | 0 |
| International Expansion | |
| Damon's | |
| Rib City Grill | |