Start-Up Costs and Fees |
||
| Damon's | St. Louis Bar and Grill | |
| Investment | 1200000 - 3200000 | 200000 - 850000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1979 | 1992 |
| Year Franchised | 1982 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | St. Louis Bar and Grill | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | St. Louis Bar and Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | St. Louis Bar and 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 | St. Louis Bar and 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 | |
| St. Louis Bar and Grill | |
| Franchise Fee | |
| Damon's | |
| St. Louis Bar and Grill | |
| Royalty Fee | |
| Damon's | 4% |
| St. Louis Bar and Grill | 6% |
| Advertising Fee | |
| Damon's | |
| St. Louis Bar and Grill | 1% |
| Year Founded | |
| Damon's | 1979 |
| St. Louis Bar and Grill | 1992 |
| Year Franchised | |
| Damon's | 1982 |
| St. Louis Bar and Grill | 2002 |
| Term Of Agreement | |
| Damon's | 10 years |
| St. Louis Bar and Grill | |
| Renewal Fee | |
| Damon's | |
| St. Louis Bar and Grill | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| St. Louis Bar and Grill | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| St. Louis Bar and Grill | No |
| Start-up Costs | |
| Damon's | |
| St. Louis Bar and Grill | |
| Equipment | |
| Damon's} | |
| St. Louis Bar and Grill | |
| Inventory | |
| Damon's | |
| St. Louis Bar and Grill | |
| Receivables | |
| Damon's | |
| St. Louis Bar and Grill | |
| Payroll | |
| Damon's | |
| St. Louis Bar and Grill | |
Training & Support |
|
| Training | |
| Damon's | |
| St. Louis Bar and Grill | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| St. Louis Bar and Grill | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| St. Louis Bar and 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) |
| St. Louis Bar and 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, |
| St. Louis Bar and Grill | |
| Canada Expansion | |
| Damon's | |
| St. Louis Bar and Grill | 0 |
| International Expansion | |
| Damon's | |
| St. Louis Bar and Grill | |