Start-Up Costs and Fees |
||
| Damon's | Swiss Chalet | |
| Investment | 1200000 - 3200000 | 1600000 - 1800000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 4% | |
| Year Founded | 1979 | 0 |
| Year Franchised | 1982 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Swiss Chalet | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Swiss Chalet | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Swiss Chalet | |
| 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 | Swiss Chalet | |
| 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 | |
| Swiss Chalet | |
| Franchise Fee | |
| Damon's | |
| Swiss Chalet | |
| Royalty Fee | |
| Damon's | 4% |
| Swiss Chalet | 5% |
| Advertising Fee | |
| Damon's | |
| Swiss Chalet | 4% |
| Year Founded | |
| Damon's | 1979 |
| Swiss Chalet | 0 |
| Year Franchised | |
| Damon's | 1982 |
| Swiss Chalet | 0 |
| Term Of Agreement | |
| Damon's | 10 years |
| Swiss Chalet | 20 Years |
| Renewal Fee | |
| Damon's | |
| Swiss Chalet | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Swiss Chalet | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Swiss Chalet | No |
| Start-up Costs | |
| Damon's | |
| Swiss Chalet | |
| Equipment | |
| Damon's} | |
| Swiss Chalet | |
| Inventory | |
| Damon's | |
| Swiss Chalet | |
| Receivables | |
| Damon's | |
| Swiss Chalet | |
| Payroll | |
| Damon's | |
| Swiss Chalet | |
Training & Support |
|
| Training | |
| Damon's | |
| Swiss Chalet | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Swiss Chalet | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Swiss Chalet | |
| 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) |
| Swiss Chalet | |
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, |
| Swiss Chalet | |
| Canada Expansion | |
| Damon's | |
| Swiss Chalet | 0 |
| International Expansion | |
| Damon's | |
| Swiss Chalet | |