Start-Up Costs and Fees |
||
| Durango Steak House | Damon's | |
| Investment | 397000 - 865000 | 1200000 - 3200000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4% | |
| Advertising Fee | ||
| Year Founded | 0 | 1979 |
| Year Franchised | 0 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Durango Steak House | Damon's | |
| Experience | Industry experience | |
Financing Options |
||
| Durango Steak House | Damon's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Durango Steak House | Damon's | |
| 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 |
||
| Durango Steak House | Damon's | |
| 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 | |
| Durango Steak House | |
| Damon's | |
| Franchise Fee | |
| Durango Steak House | |
| Damon's | |
| Royalty Fee | |
| Durango Steak House | |
| Damon's | 4% |
| Advertising Fee | |
| Durango Steak House | |
| Damon's | |
| Year Founded | |
| Durango Steak House | 0 |
| Damon's | 1979 |
| Year Franchised | |
| Durango Steak House | 0 |
| Damon's | 1982 |
| Term Of Agreement | |
| Durango Steak House | |
| Damon's | 10 years |
| Renewal Fee | |
| Durango Steak House | |
| Damon's | |
Business Experience Requirements |
|
| Experience | |
| Durango Steak House | |
| Damon's | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Durango Steak House | |
| Damon's | |
| Start-up Costs | |
| Durango Steak House | |
| Damon's | |
| Equipment | |
| Durango Steak House} | |
| Damon's | |
| Inventory | |
| Durango Steak House | |
| Damon's | |
| Receivables | |
| Durango Steak House | |
| Damon's | |
| Payroll | |
| Durango Steak House | |
| Damon's | |
Training & Support |
|
| Training | |
| Durango Steak House | |
| Damon's | |
| Support | |
| Durango Steak House | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Durango Steak House | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Durango Steak House | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Durango Steak House | |
| 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, |
| Canada Expansion | |
| Durango Steak House | |
| Damon's | |
| International Expansion | |
| Durango Steak House | |
| Damon's | |