Start-Up Costs and Fees |
||
| Outback Steakhouse | Damon's | |
| Investment | 2489700 - 6065000 | 1200000 - 3200000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3.50% | 4% |
| Advertising Fee | ||
| Year Founded | 1987 | 1979 |
| Year Franchised | 0 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Outback Steakhouse | Damon's | |
| Experience | Industry experience | |
Financing Options |
||
| Outback Steakhouse | Damon's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Outback Steakhouse | 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 |
||
| Outback Steakhouse | 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 | |
| Outback Steakhouse | |
| Damon's | |
| Franchise Fee | |
| Outback Steakhouse | |
| Damon's | |
| Royalty Fee | |
| Outback Steakhouse | 3.50% |
| Damon's | 4% |
| Advertising Fee | |
| Outback Steakhouse | |
| Damon's | |
| Year Founded | |
| Outback Steakhouse | 1987 |
| Damon's | 1979 |
| Year Franchised | |
| Outback Steakhouse | 0 |
| Damon's | 1982 |
| Term Of Agreement | |
| Outback Steakhouse | |
| Damon's | 10 years |
| Renewal Fee | |
| Outback Steakhouse | |
| Damon's | |
Business Experience Requirements |
|
| Experience | |
| Outback Steakhouse | |
| Damon's | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Outback Steakhouse | |
| Damon's | |
| Start-up Costs | |
| Outback Steakhouse | |
| Damon's | |
| Equipment | |
| Outback Steakhouse} | |
| Damon's | |
| Inventory | |
| Outback Steakhouse | |
| Damon's | |
| Receivables | |
| Outback Steakhouse | |
| Damon's | |
| Payroll | |
| Outback Steakhouse | |
| Damon's | |
Training & Support |
|
| Training | |
| Outback Steakhouse | |
| Damon's | |
| Support | |
| Outback Steakhouse | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Outback Steakhouse | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Outback Steakhouse | |
| 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 | |
| Outback Steakhouse | |
| 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 | |
| Outback Steakhouse | 0 |
| Damon's | |
| International Expansion | |
| Outback Steakhouse | |
| Damon's | |