Start-Up Costs and Fees |
||
| Damon's | This Is It! Bar-B-Q & Seafood | |
| Investment | 1200000 - 3200000 | 413754 - 840205 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 1979 | 1982 |
| Year Franchised | 1982 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | This Is It! Bar-B-Q & Seafood | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | This Is It! Bar-B-Q & Seafood | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | This Is It! Bar-B-Q & Seafood | |
| Training | On-The-Job Training: 10 days Classroom Training: 25 days | |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates 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 | This Is It! Bar-B-Q & Seafood | |
| 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 | |
| This Is It! Bar-B-Q & Seafood | |
| Franchise Fee | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | |
| Royalty Fee | |
| Damon's | 4% |
| This Is It! Bar-B-Q & Seafood | 5% |
| Advertising Fee | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | 1% |
| Year Founded | |
| Damon's | 1979 |
| This Is It! Bar-B-Q & Seafood | 1982 |
| Year Franchised | |
| Damon's | 1982 |
| This Is It! Bar-B-Q & Seafood | 1992 |
| Term Of Agreement | |
| Damon's | 10 years |
| This Is It! Bar-B-Q & Seafood | |
| Renewal Fee | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| This Is It! Bar-B-Q & Seafood | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| This Is It! Bar-B-Q & Seafood | No |
| Start-up Costs | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | |
| Equipment | |
| Damon's} | |
| This Is It! Bar-B-Q & Seafood | |
| Inventory | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | |
| Receivables | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | |
| Payroll | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | |
Training & Support |
|
| Training | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | On-The-Job Training: 10 days Classroom Training: 25 days |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| This Is It! Bar-B-Q & Seafood | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| This Is It! Bar-B-Q & Seafood | Co-op Advertising Ad Templates Regional Advertising |
| 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) |
| This Is It! Bar-B-Q & Seafood | |
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, |
| This Is It! Bar-B-Q & Seafood | |
| Canada Expansion | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | |
| International Expansion | |
| Damon's | |
| This Is It! Bar-B-Q & Seafood | |