Start-Up Costs and Fees |
||
| Damon's | Shula's on the Beach | |
| Investment | 1200000 - 3200000 | 1126600 - 3037500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 10% |
| Advertising Fee | Not less than $30,000 | |
| Year Founded | 1979 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Shula's on the Beach | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Shula's on the Beach | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Shula's on the Beach | |
| 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 on the Beach | |
| 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 on the Beach | |
| Franchise Fee | |
| Damon's | |
| Shula's on the Beach | |
| Royalty Fee | |
| Damon's | 4% |
| Shula's on the Beach | 10% |
| Advertising Fee | |
| Damon's | |
| Shula's on the Beach | Not less than $30,000 |
| Year Founded | |
| Damon's | 1979 |
| Shula's on the Beach | 0 |
| Year Franchised | |
| Damon's | 1982 |
| Shula's on the Beach | 0 |
| Term Of Agreement | |
| Damon's | 10 years |
| Shula's on the Beach | 10 years +10+10 |
| Renewal Fee | |
| Damon's | |
| Shula's on the Beach | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Shula's on the Beach | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Shula's on the Beach | No |
| Start-up Costs | |
| Damon's | |
| Shula's on the Beach | |
| Equipment | |
| Damon's} | |
| Shula's on the Beach | |
| Inventory | |
| Damon's | |
| Shula's on the Beach | |
| Receivables | |
| Damon's | |
| Shula's on the Beach | |
| Payroll | |
| Damon's | |
| Shula's on the Beach | |
Training & Support |
|
| Training | |
| Damon's | |
| Shula's on the Beach | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Shula's on the Beach | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Shula's on the Beach | |
| 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 on the Beach | |
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 on the Beach | |
| Canada Expansion | |
| Damon's | |
| Shula's on the Beach | |
| International Expansion | |
| Damon's | |
| Shula's on the Beach | |