Start-Up Costs and Fees |
||
| Famous Sam's | Sculpture Hospitality | |
| Investment | 586000 - 1200000 | 40900 - 69600 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | $15/audit |
| Advertising Fee | $6/audit | |
| Year Founded | 1979 | 1987 |
| Year Franchised | 1989 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Famous Sam's | Sculpture Hospitality | |
| Experience | General business experience Industry experience preferred, not required; strong management background | Industry experience General business experience Marketing skills Sales experience |
Financing Options |
||
| Famous Sam's | Sculpture Hospitality | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Famous Sam's | Sculpture Hospitality | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | 46% of all franchisees own more than one unit 100% of current franchisees are owner/operators | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
||
| Famous Sam's | Sculpture Hospitality | |
| US Expansion | Arizona, Colorado, Nevada, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Famous Sam's | |
| Sculpture Hospitality | |
| Franchise Fee | |
| Famous Sam's | |
| Sculpture Hospitality | |
| Royalty Fee | |
| Famous Sam's | 5% |
| Sculpture Hospitality | $15/audit |
| Advertising Fee | |
| Famous Sam's | |
| Sculpture Hospitality | $6/audit |
| Year Founded | |
| Famous Sam's | 1979 |
| Sculpture Hospitality | 1987 |
| Year Franchised | |
| Famous Sam's | 1989 |
| Sculpture Hospitality | 1990 |
| Term Of Agreement | |
| Famous Sam's | 20 years |
| Sculpture Hospitality | 20 years |
| Renewal Fee | |
| Famous Sam's | |
| Sculpture Hospitality | $1K every 5 years |
Business Experience Requirements |
|
| Experience | |
| Famous Sam's | General business experience Industry experience preferred, not required; strong management background |
| Sculpture Hospitality | Industry experience General business experience Marketing skills Sales experience |
Financing Options |
|
| Franchise Fees | |
| Famous Sam's | No |
| Sculpture Hospitality | No |
| Start-up Costs | |
| Famous Sam's | |
| Sculpture Hospitality | |
| Equipment | |
| Famous Sam's} | |
| Sculpture Hospitality | |
| Inventory | |
| Famous Sam's | |
| Sculpture Hospitality | |
| Receivables | |
| Famous Sam's | |
| Sculpture Hospitality | |
| Payroll | |
| Famous Sam's | |
| Sculpture Hospitality | |
Training & Support |
|
| Training | |
| Famous Sam's | |
| Sculpture Hospitality | |
| Support | |
| Famous Sam's | Newsletter, Meetings, Toll-free phone line, Field operations/evaluations |
| Sculpture Hospitality | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Famous Sam's | Co-op advertising |
| Sculpture Hospitality | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Famous Sam's | 46% of all franchisees own more than one unit 100% of current franchisees are owner/operators |
| Sculpture Hospitality | Franchise can be run from home. International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Famous Sam's | Arizona, Colorado, Nevada, |
| Sculpture Hospitality | |
| Canada Expansion | |
| Famous Sam's | |
| Sculpture Hospitality | |
| International Expansion | |
| Famous Sam's | |
| Sculpture Hospitality | |