Start-Up Costs and Fees |
||
| Houston Restaurants | Damon's | |
| Investment | 1350000 - 1350000 | 1200000 - 3200000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | ||
| Year Founded | 1998 | 1979 |
| Year Franchised | 1999 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Houston Restaurants | Damon's | |
| Experience | Industry experience | |
Financing Options |
||
| Houston Restaurants | Damon's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Houston Restaurants | 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 |
||
| Houston Restaurants | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Houston Restaurants | |
| Damon's | |
| Franchise Fee | |
| Houston Restaurants | |
| Damon's | |
| Royalty Fee | |
| Houston Restaurants | |
| Damon's | 4% |
| Advertising Fee | |
| Houston Restaurants | |
| Damon's | |
| Year Founded | |
| Houston Restaurants | 1998 |
| Damon's | 1979 |
| Year Franchised | |
| Houston Restaurants | 1999 |
| Damon's | 1982 |
| Term Of Agreement | |
| Houston Restaurants | |
| Damon's | 10 years |
| Renewal Fee | |
| Houston Restaurants | |
| Damon's | |
Business Experience Requirements |
|
| Experience | |
| Houston Restaurants | |
| Damon's | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Houston Restaurants | |
| Damon's | |
| Start-up Costs | |
| Houston Restaurants | |
| Damon's | |
| Equipment | |
| Houston Restaurants} | |
| Damon's | |
| Inventory | |
| Houston Restaurants | |
| Damon's | |
| Receivables | |
| Houston Restaurants | |
| Damon's | |
| Payroll | |
| Houston Restaurants | |
| Damon's | |
Training & Support |
|
| Training | |
| Houston Restaurants | |
| Damon's | |
| Support | |
| Houston Restaurants | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Houston Restaurants | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Houston Restaurants | |
| 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 | |
| Houston Restaurants | |
| 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 | |
| Houston Restaurants | 0 |
| Damon's | |
| International Expansion | |
| Houston Restaurants | |
| Damon's | |