Start-Up Costs and Fees |
||
| Montana's | Famous Dave's | |
| Investment | 1600000 - 1800000 | 481750 - 4495750 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 4% | 1%Nat'l + 1.5% local |
| Year Founded | 1995 | 1995 |
| Year Franchised | 1998 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Montana's | Famous Dave's | |
| Experience | * Prefer Ownership/management experience in full service, casual dining restaurants, in or near the desired territories. * Multi unit experience is a big plus. * Single units will be considered depending on market conditions, demographics and other criteria. * If Area Development Agreement is chosen, minimum of three units required to be developed. * Minimum LIQUID net worth of $750,000. * Minimum per unit development costs could range from approx $900,000 to $4,000,000. * Proven commitment to customer service and quality food. | |
Financing Options |
||
| Montana's | Famous Dave's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Montana's | Famous Dave's | |
| Training | Montana s Franchise Leadership Certification training program is a 12 week program designed to be the industry standard in equipping you to successfully and confidently operate your business. Over the course of 12 weeks you will be trained on all aspects of the restaurant from the technical details of each position to the big picture of managing the entire business and leading your team. The program is a combination of extensive in-restaurant hands on training with the added benefit of attending leadership courses at Cara University. Through Cara University you will attend a series of courses delivered by the Academy of Leadership that will provide you with the knowledge and tools to develop your restaurant team to deliver a perfect guest experience every time. Our Academy of Compliance will train and certify you in all areas of Health and Safety, Food Safety and First Aid. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | All Montana s locations contribute 4% of sales to the Montana s Marketing fund which provides brand building support including advertising, promotions, and in-store merchandising materials to promote the brand and help grow sales. First-rate marketing programs using radio, TV, and print to promote Montana s restaurants. | Co-op advertising, Ad slicks, Regional advertising |
| Operations | Franchisees required to buy multiple units/master licenses; 84% of all franchisees own more than one unit Number of employees needed to run franchised unit: 65 Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Montana's | Famous Dave's | |
| US Expansion | Alabama, Arkansas, California, Connecticut, Louisiana, Massachusetts, Maine, Mississippi, North Carolina, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Washington, | |
| Canada Expansion | Alberta, British Columbia, Northwest Territories, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Montana's | |
| Famous Dave's | |
| Franchise Fee | |
| Montana's | |
| Famous Dave's | |
| Royalty Fee | |
| Montana's | 5% |
| Famous Dave's | 5% |
| Advertising Fee | |
| Montana's | 4% |
| Famous Dave's | 1%Nat'l + 1.5% local |
| Year Founded | |
| Montana's | 1995 |
| Famous Dave's | 1995 |
| Year Franchised | |
| Montana's | 1998 |
| Famous Dave's | 1998 |
| Term Of Agreement | |
| Montana's | 20 years |
| Famous Dave's | 20 years |
| Renewal Fee | |
| Montana's | |
| Famous Dave's | 50% of then-current fee |
Business Experience Requirements |
|
| Experience | |
| Montana's | |
| Famous Dave's | * Prefer Ownership/management experience in full service, casual dining restaurants, in or near the desired territories. * Multi unit experience is a big plus. * Single units will be considered depending on market conditions, demographics and other criteria. * If Area Development Agreement is chosen, minimum of three units required to be developed. * Minimum LIQUID net worth of $750,000. * Minimum per unit development costs could range from approx $900,000 to $4,000,000. * Proven commitment to customer service and quality food. |
Financing Options |
|
| Franchise Fees | |
| Montana's | |
| Famous Dave's | |
| Start-up Costs | |
| Montana's | |
| Famous Dave's | |
| Equipment | |
| Montana's} | |
| Famous Dave's | |
| Inventory | |
| Montana's | |
| Famous Dave's | |
| Receivables | |
| Montana's | |
| Famous Dave's | |
| Payroll | |
| Montana's | |
| Famous Dave's | |
Training & Support |
|
| Training | |
| Montana's | Montana s Franchise Leadership Certification training program is a 12 week program designed to be the industry standard in equipping you to successfully and confidently operate your business. Over the course of 12 weeks you will be trained on all aspects of the restaurant from the technical details of each position to the big picture of managing the entire business and leading your team. The program is a combination of extensive in-restaurant hands on training with the added benefit of attending leadership courses at Cara University. Through Cara University you will attend a series of courses delivered by the Academy of Leadership that will provide you with the knowledge and tools to develop your restaurant team to deliver a perfect guest experience every time. Our Academy of Compliance will train and certify you in all areas of Health and Safety, Food Safety and First Aid. |
| Famous Dave's | |
| Support | |
| Montana's | |
| Famous Dave's | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Montana's | All Montana s locations contribute 4% of sales to the Montana s Marketing fund which provides brand building support including advertising, promotions, and in-store merchandising materials to promote the brand and help grow sales. First-rate marketing programs using radio, TV, and print to promote Montana s restaurants. |
| Famous Dave's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Montana's | |
| Famous Dave's | Franchisees required to buy multiple units/master licenses; 84% of all franchisees own more than one unit Number of employees needed to run franchised unit: 65 Absentee ownership of franchise is NOT allowed. (97% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Montana's | |
| Famous Dave's | Alabama, Arkansas, California, Connecticut, Louisiana, Massachusetts, Maine, Mississippi, North Carolina, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Vermont, Washington, |
| Canada Expansion | |
| Montana's | Alberta, British Columbia, Northwest Territories, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan |
| Famous Dave's | |
| International Expansion | |
| Montana's | |
| Famous Dave's | |