Start-Up Costs and Fees |
||
| Damon's | Shane's Rib Shack | |
| Investment | 1200000 - 3200000 | 363000 - 558000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | ||
| Year Founded | 1979 | 2002 |
| Year Franchised | 1982 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Shane's Rib Shack | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Shane's Rib Shack | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Shane's Rib Shack | |
| Training | Hands-on experience in operating a Shane's Rib Shack restaurant in Atlanta, Georgia. This covers all facets of operating the Shane's Rib Shack business. A Shane's Rib Shack representative will then assist you at the opening of your first restaurant. | |
| 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 | Shane's Rib Shack | |
| 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 | |
| Shane's Rib Shack | |
| Franchise Fee | |
| Damon's | |
| Shane's Rib Shack | |
| Royalty Fee | |
| Damon's | 4% |
| Shane's Rib Shack | 5% |
| Advertising Fee | |
| Damon's | |
| Shane's Rib Shack | |
| Year Founded | |
| Damon's | 1979 |
| Shane's Rib Shack | 2002 |
| Year Franchised | |
| Damon's | 1982 |
| Shane's Rib Shack | 2005 |
| Term Of Agreement | |
| Damon's | 10 years |
| Shane's Rib Shack | 10 years+5+5 |
| Renewal Fee | |
| Damon's | |
| Shane's Rib Shack | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Shane's Rib Shack | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Shane's Rib Shack | No |
| Start-up Costs | |
| Damon's | |
| Shane's Rib Shack | |
| Equipment | |
| Damon's} | |
| Shane's Rib Shack | |
| Inventory | |
| Damon's | |
| Shane's Rib Shack | |
| Receivables | |
| Damon's | |
| Shane's Rib Shack | |
| Payroll | |
| Damon's | |
| Shane's Rib Shack | |
Training & Support |
|
| Training | |
| Damon's | |
| Shane's Rib Shack | Hands-on experience in operating a Shane's Rib Shack restaurant in Atlanta, Georgia. This covers all facets of operating the Shane's Rib Shack business. A Shane's Rib Shack representative will then assist you at the opening of your first restaurant. |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Shane's Rib Shack | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Shane's Rib Shack | |
| 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) |
| Shane's Rib Shack | |
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, |
| Shane's Rib Shack | |
| Canada Expansion | |
| Damon's | |
| Shane's Rib Shack | 0 |
| International Expansion | |
| Damon's | |
| Shane's Rib Shack | |