Start-Up Costs and Fees |
||
| Madisons New York Grill & Bar | Damon's | |
| Investment | 175000 - 500000 | 1200000 - 3200000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 4% |
| Advertising Fee | ||
| Year Founded | 0 | 1979 |
| Year Franchised | 0 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Madisons New York Grill & Bar | Damon's | |
| Experience | Industry experience | |
Financing Options |
||
| Madisons New York Grill & Bar | Damon's | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Madisons New York Grill & Bar | 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 |
||
| Madisons New York Grill & Bar | Damon's | |
| 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Madisons New York Grill & Bar | |
| Damon's | |
| Franchise Fee | |
| Madisons New York Grill & Bar | |
| Damon's | |
| Royalty Fee | |
| Madisons New York Grill & Bar | 6% |
| Damon's | 4% |
| Advertising Fee | |
| Madisons New York Grill & Bar | |
| Damon's | |
| Year Founded | |
| Madisons New York Grill & Bar | 0 |
| Damon's | 1979 |
| Year Franchised | |
| Madisons New York Grill & Bar | 0 |
| Damon's | 1982 |
| Term Of Agreement | |
| Madisons New York Grill & Bar | 10 years |
| Damon's | 10 years |
| Renewal Fee | |
| Madisons New York Grill & Bar | |
| Damon's | |
Business Experience Requirements |
|
| Experience | |
| Madisons New York Grill & Bar | |
| Damon's | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Madisons New York Grill & Bar | No |
| Damon's | No |
| Start-up Costs | |
| Madisons New York Grill & Bar | |
| Damon's | |
| Equipment | |
| Madisons New York Grill & Bar} | |
| Damon's | |
| Inventory | |
| Madisons New York Grill & Bar | |
| Damon's | |
| Receivables | |
| Madisons New York Grill & Bar | |
| Damon's | |
| Payroll | |
| Madisons New York Grill & Bar | |
| Damon's | |
Training & Support |
|
| Training | |
| Madisons New York Grill & Bar | |
| Damon's | |
| Support | |
| Madisons New York Grill & Bar | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Madisons New York Grill & Bar | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Madisons New York Grill & Bar | |
| 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 | |
| Madisons New York Grill & Bar | 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 |
| 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 | |
| Madisons New York Grill & Bar | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Damon's | |
| International Expansion | |
| Madisons New York Grill & Bar | |
| Damon's | |