Start-Up Costs and Fees |
||
| Locos Grill & Pub | Bagger Daves | |
| Investment | 575400 - 1960000 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | |
| Advertising Fee | ||
| Year Founded | 1988 | 0 |
| Year Franchised | 1997 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Locos Grill & Pub | Bagger Daves | |
| Experience | Customer service skills | 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 |
||
| Locos Grill & Pub | Bagger Daves | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Locos Grill & Pub | Bagger Daves | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is 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 |
||
| Locos Grill & Pub | Bagger Daves | |
| US Expansion | Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, | 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Locos Grill & Pub | |
| Bagger Daves | |
| Franchise Fee | |
| Locos Grill & Pub | |
| Bagger Daves | |
| Royalty Fee | |
| Locos Grill & Pub | 4% |
| Bagger Daves | |
| Advertising Fee | |
| Locos Grill & Pub | |
| Bagger Daves | |
| Year Founded | |
| Locos Grill & Pub | 1988 |
| Bagger Daves | 0 |
| Year Franchised | |
| Locos Grill & Pub | 1997 |
| Bagger Daves | 0 |
| Term Of Agreement | |
| Locos Grill & Pub | 10 years |
| Bagger Daves | |
| Renewal Fee | |
| Locos Grill & Pub | |
| Bagger Daves | |
Business Experience Requirements |
|
| Experience | |
| Locos Grill & Pub | Customer service skills |
| 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 | |
| Locos Grill & Pub | No |
| Bagger Daves | No |
| Start-up Costs | |
| Locos Grill & Pub | |
| Bagger Daves | |
| Equipment | |
| Locos Grill & Pub} | |
| Bagger Daves | |
| Inventory | |
| Locos Grill & Pub | |
| Bagger Daves | |
| Receivables | |
| Locos Grill & Pub | |
| Bagger Daves | |
| Payroll | |
| Locos Grill & Pub | |
| Bagger Daves | |
Training & Support |
|
| Training | |
| Locos Grill & Pub | |
| Bagger Daves | |
| Support | |
| Locos Grill & Pub | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Bagger Daves | |
| Marketing | |
| Locos Grill & Pub | Co-op advertising, Ad slicks, National media, Regional advertising |
| Bagger Daves | |
| Operations | |
| Locos Grill & Pub | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is 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 | |
| Locos Grill & Pub | Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, |
| 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 | |
| Locos Grill & Pub | |
| Bagger Daves | |
| International Expansion | |
| Locos Grill & Pub | |
| Bagger Daves | |