Start-Up Costs and Fees |
||
| Hamburger Mary's | Bagger Daves | |
| Investment | 417150 - 955500 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% (on first $150K monthly gross), 3% (on monthly gross above $150K) | |
| Advertising Fee | ||
| Year Founded | 1972 | 0 |
| Year Franchised | 1999 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hamburger Mary's | Bagger Daves | |
| Experience | Industry experience One partner must have bar/restaurant management experience | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
||
| Hamburger Mary's | Bagger Daves | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hamburger Mary's | Bagger Daves | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | ||
| Operations | 8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
||
| Hamburger Mary's | Bagger Daves | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Australia,New Zealand, Mexico, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hamburger Mary's | |
| Bagger Daves | |
| Franchise Fee | |
| Hamburger Mary's | |
| Bagger Daves | |
| Royalty Fee | |
| Hamburger Mary's | 4% (on first $150K monthly gross), 3% (on monthly gross above $150K) |
| Bagger Daves | |
| Advertising Fee | |
| Hamburger Mary's | |
| Bagger Daves | |
| Year Founded | |
| Hamburger Mary's | 1972 |
| Bagger Daves | 0 |
| Year Franchised | |
| Hamburger Mary's | 1999 |
| Bagger Daves | 0 |
| Term Of Agreement | |
| Hamburger Mary's | 5 years |
| Bagger Daves | |
| Renewal Fee | |
| Hamburger Mary's | |
| Bagger Daves | |
Business Experience Requirements |
|
| Experience | |
| Hamburger Mary's | Industry experience One partner must have bar/restaurant management experience |
| Bagger Daves | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
|
| Franchise Fees | |
| Hamburger Mary's | No |
| Bagger Daves | No |
| Start-up Costs | |
| Hamburger Mary's | |
| Bagger Daves | |
| Equipment | |
| Hamburger Mary's} | |
| Bagger Daves | |
| Inventory | |
| Hamburger Mary's | |
| Bagger Daves | |
| Receivables | |
| Hamburger Mary's | |
| Bagger Daves | |
| Payroll | |
| Hamburger Mary's | |
| Bagger Daves | |
Training & Support |
|
| Training | |
| Hamburger Mary's | |
| Bagger Daves | |
| Support | |
| Hamburger Mary's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Bagger Daves | |
| Marketing | |
| Hamburger Mary's | |
| Bagger Daves | |
| Operations | |
| Hamburger Mary's | 8% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Bagger Daves | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
|
| US Expansion | |
| Hamburger Mary's | |
| Bagger Daves | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Hamburger Mary's | |
| Bagger Daves | |
| International Expansion | |
| Hamburger Mary's | Australia,New Zealand, Mexico, Western Europe, |
| Bagger Daves | |