Friendly Banners vs Seacrets Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Friendly Banners vs Seacrets including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Friendly Banners Seacrets
Investment 450000 - 450000 1639333 - 3061667
Franchise Fee
Royalty Fee 4% 6% and 10% from hotel
Advertising Fee 2% 1% local
Year Founded 1989 0
Year Franchised 1989 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Friendly Banners Seacrets
Experience *You or an operating partner within your franchise team must have significant foodservice and/or hospitality experience in order to qualify to become a Seacrets franchise owner. *In most cases, we expect franchise owners/operating partners to take an active role in daily operations. *Sales, customer relations, and supervisory skills, plus a strong work ethic coupled with honesty and integrity, are also important. *You must be able to meet the financial requirements for developing and operating a Seacrets business.

Financing Options

  Friendly Banners Seacrets
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Friendly Banners Seacrets
Training *You and your key management and kitchen staff will receive up to eight weeks of training at our corporate location. *Additional training will be provided if hotel or nightclub operations are part of your franchise business
Support *Site Selection & Build-Out Guidance: site selection, building design and interior and exterior decor. *Initial Training and Ongoing Support: comprehensive corporate- and local-based training covering key business management functions. (Additional training will be provided to franchisees who oversee hotel or nightclub operations.) *Inventory Assistance: including planning and ordering initial equipment and supplies. *Established Standards and Procedures for every part of the business (front of house, back of house, bar, restaurant, music venues, and more), all detailed in our confidential operations manual. *Exclusive recipes, ingredients and cooking techniques for our specialty dishes, many of which are made from scratch; plus proprietary branded food products for retail sale. *Relationships with approved vendors and built-in volume discounts. *Marketing guidance and pre-developed materials for local advertising and promotions.
Marketing
Operations

Expansion Plans

  Friendly Banners Seacrets
US Expansion
Canada Expansion British Columbia, Ontario
International Expansion

Start-Up Costs and Fees Mobile

Investment
Friendly Banners
Seacrets
Franchise Fee
Friendly Banners
Seacrets
Royalty Fee
Friendly Banners 4%
Seacrets 6% and 10% from hotel
Advertising Fee
Friendly Banners 2%
Seacrets 1% local
Year Founded
Friendly Banners 1989
Seacrets 0
Year Franchised
Friendly Banners 1989
Seacrets 0
Term Of Agreement
Friendly Banners
Seacrets 10 years+10 +10
Renewal Fee
Friendly Banners
Seacrets


Business Experience Requirements

Experience
Friendly Banners
Seacrets *You or an operating partner within your franchise team must have significant foodservice and/or hospitality experience in order to qualify to become a Seacrets franchise owner. *In most cases, we expect franchise owners/operating partners to take an active role in daily operations. *Sales, customer relations, and supervisory skills, plus a strong work ethic coupled with honesty and integrity, are also important. *You must be able to meet the financial requirements for developing and operating a Seacrets business.

Financing Options

 
Franchise Fees
Friendly Banners
Seacrets
Start-up Costs
Friendly Banners
Seacrets
Equipment
Friendly Banners}
Seacrets
Inventory
Friendly Banners
Seacrets
Receivables
Friendly Banners
Seacrets
Payroll
Friendly Banners
Seacrets

Training & Support

Training
Friendly Banners
Seacrets *You and your key management and kitchen staff will receive up to eight weeks of training at our corporate location. *Additional training will be provided if hotel or nightclub operations are part of your franchise business
Support
Friendly Banners
Seacrets *Site Selection & Build-Out Guidance: site selection, building design and interior and exterior decor. *Initial Training and Ongoing Support: comprehensive corporate- and local-based training covering key business management functions. (Additional training will be provided to franchisees who oversee hotel or nightclub operations.) *Inventory Assistance: including planning and ordering initial equipment and supplies. *Established Standards and Procedures for every part of the business (front of house, back of house, bar, restaurant, music venues, and more), all detailed in our confidential operations manual. *Exclusive recipes, ingredients and cooking techniques for our specialty dishes, many of which are made from scratch; plus proprietary branded food products for retail sale. *Relationships with approved vendors and built-in volume discounts. *Marketing guidance and pre-developed materials for local advertising and promotions.
Marketing
Friendly Banners
Seacrets
Operations
Friendly Banners
Seacrets

Expansion Plans

US Expansion
Friendly Banners
Seacrets
Canada Expansion
Friendly Banners British Columbia, Ontario
Seacrets
International Expansion
Friendly Banners
Seacrets