Start-Up Costs and Fees |
||
| Mikes Restaurants | F&M Deli Express | |
| Investment | 650000 - 695000 | 145000 - 285000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3%Nat'l+1.5%Local | |
| Year Founded | 1967 | 1968 |
| Year Franchised | 1968 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mikes Restaurants | F&M Deli Express | |
| Experience | ||
Financing Options |
||
| Mikes Restaurants | F&M Deli Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mikes Restaurants | F&M Deli Express | |
| Training | ||
| Support | Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising | |
| Operations | Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Mikes Restaurants | F&M Deli Express | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mikes Restaurants | |
| F&M Deli Express | |
| Franchise Fee | |
| Mikes Restaurants | |
| F&M Deli Express | |
| Royalty Fee | |
| Mikes Restaurants | 5% |
| F&M Deli Express | 5% |
| Advertising Fee | |
| Mikes Restaurants | 3%Nat'l+1.5%Local |
| F&M Deli Express | |
| Year Founded | |
| Mikes Restaurants | 1967 |
| F&M Deli Express | 1968 |
| Year Franchised | |
| Mikes Restaurants | 1968 |
| F&M Deli Express | 2005 |
| Term Of Agreement | |
| Mikes Restaurants | |
| F&M Deli Express | 20 years |
| Renewal Fee | |
| Mikes Restaurants | |
| F&M Deli Express | 50% of then franchise fee |
Business Experience Requirements |
|
| Experience | |
| Mikes Restaurants | |
| F&M Deli Express | |
Financing Options |
|
| Franchise Fees | |
| Mikes Restaurants | |
| F&M Deli Express | |
| Start-up Costs | |
| Mikes Restaurants | |
| F&M Deli Express | |
| Equipment | |
| Mikes Restaurants} | |
| F&M Deli Express | |
| Inventory | |
| Mikes Restaurants | |
| F&M Deli Express | |
| Receivables | |
| Mikes Restaurants | |
| F&M Deli Express | |
| Payroll | |
| Mikes Restaurants | |
| F&M Deli Express | |
Training & Support |
|
| Training | |
| Mikes Restaurants | |
| F&M Deli Express | |
| Support | |
| Mikes Restaurants | |
| F&M Deli Express | Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Mikes Restaurants | |
| F&M Deli Express | Co-op advertising |
| Operations | |
| Mikes Restaurants | |
| F&M Deli Express | Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Mikes Restaurants | |
| F&M Deli Express | |
| Canada Expansion | |
| Mikes Restaurants | |
| F&M Deli Express | |
| International Expansion | |
| Mikes Restaurants | |
| F&M Deli Express | |