Start-Up Costs and Fees |
||
| Damon's | Shula's 2 Steak and Sports | |
| Investment | 1200000 - 3200000 | 1126600 - 3037500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 8% |
| Advertising Fee | Not less than $30000 | |
| Year Founded | 1979 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Shula's 2 Steak and Sports | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Shula's 2 Steak and Sports | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Shula's 2 Steak and Sports | |
| 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 | Shula's 2 Steak and Sports | |
| 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 | |
| Shula's 2 Steak and Sports | |
| Franchise Fee | |
| Damon's | |
| Shula's 2 Steak and Sports | |
| Royalty Fee | |
| Damon's | 4% |
| Shula's 2 Steak and Sports | 8% |
| Advertising Fee | |
| Damon's | |
| Shula's 2 Steak and Sports | Not less than $30000 |
| Year Founded | |
| Damon's | 1979 |
| Shula's 2 Steak and Sports | 0 |
| Year Franchised | |
| Damon's | 1982 |
| Shula's 2 Steak and Sports | 0 |
| Term Of Agreement | |
| Damon's | 10 years |
| Shula's 2 Steak and Sports | 10 years +10+10 |
| Renewal Fee | |
| Damon's | |
| Shula's 2 Steak and Sports | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Shula's 2 Steak and Sports | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Shula's 2 Steak and Sports | No |
| Start-up Costs | |
| Damon's | |
| Shula's 2 Steak and Sports | |
| Equipment | |
| Damon's} | |
| Shula's 2 Steak and Sports | |
| Inventory | |
| Damon's | |
| Shula's 2 Steak and Sports | |
| Receivables | |
| Damon's | |
| Shula's 2 Steak and Sports | |
| Payroll | |
| Damon's | |
| Shula's 2 Steak and Sports | |
Training & Support |
|
| Training | |
| Damon's | |
| Shula's 2 Steak and Sports | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Shula's 2 Steak and Sports | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Shula's 2 Steak and Sports | |
| 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) |
| Shula's 2 Steak and Sports | |
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, |
| Shula's 2 Steak and Sports | |
| Canada Expansion | |
| Damon's | |
| Shula's 2 Steak and Sports | |
| International Expansion | |
| Damon's | |
| Shula's 2 Steak and Sports | |