Start-Up Costs and Fees |
||
| Red Hot & Blue | Eggspectation | |
| Investment | 380700 - 1000000 | 650000 - 1500000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% Nat'l 1% local | |
| Year Founded | 1988 | 1993 |
| Year Franchised | 1990 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Hot & Blue | Eggspectation | |
| Experience | Industry experience | |
Financing Options |
||
| Red Hot & Blue | Eggspectation | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Hot & Blue | Eggspectation | |
| Training | *An initial training program as defined in the franchise agreement. *Training programs, seminars and other related activities regarding the operation of the Restaurant as we reasonably deem necessary or appropriate. *Certain on-site remedial training when requested and found appropriate. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | *Site selection. *Onsite assistance prior to and during restaurant opening. *Regular visits, evaluations of the Restaurant, products and services provided at the Restaurant to ensure that the high standards of quality, appearance and service of the System are maintained. *Our prototype restaurant design and consultation provided during restaurant construction. *Assist in local marketing and advertising for your restaurant unit. *Advice and written materials (including updates to the Manuals) concerning techniques for managing and operating the Restaurant, including new developments and improvements in equipment, food products, packaging and preparation. *The use of our established supply sources, including negotiated prices that could not likely be attained by an independent operator. *Merchandising support programs, product tie-ins and seasonal promotions to attract new customers, enhance customer loyalty to maximize the frequency of visits. *The benefit of our Research and Development team that is constantly testing new products and searching for new ideas and better ways to serve customers. |
| Marketing | Ad slicks, National media, Regional advertising | *With available marketing funds, we plan marketing campaigns on regional or national level. *Assist in local marketing and advertising for your restaurant unit. |
| Operations | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Red Hot & Blue | Eggspectation | |
| 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Hot & Blue | |
| Eggspectation | |
| Franchise Fee | |
| Red Hot & Blue | |
| Eggspectation | |
| Royalty Fee | |
| Red Hot & Blue | 5% |
| Eggspectation | 5% |
| Advertising Fee | |
| Red Hot & Blue | |
| Eggspectation | 2% Nat'l 1% local |
| Year Founded | |
| Red Hot & Blue | 1988 |
| Eggspectation | 1993 |
| Year Franchised | |
| Red Hot & Blue | 1990 |
| Eggspectation | 1998 |
| Term Of Agreement | |
| Red Hot & Blue | 20 years |
| Eggspectation | |
| Renewal Fee | |
| Red Hot & Blue | |
| Eggspectation | |
Business Experience Requirements |
|
| Experience | |
| Red Hot & Blue | Industry experience |
| Eggspectation | |
Financing Options |
|
| Franchise Fees | |
| Red Hot & Blue | No |
| Eggspectation | No |
| Start-up Costs | |
| Red Hot & Blue | |
| Eggspectation | |
| Equipment | |
| Red Hot & Blue} | |
| Eggspectation | |
| Inventory | |
| Red Hot & Blue | |
| Eggspectation | |
| Receivables | |
| Red Hot & Blue | |
| Eggspectation | |
| Payroll | |
| Red Hot & Blue | |
| Eggspectation | |
Training & Support |
|
| Training | |
| Red Hot & Blue | |
| Eggspectation | *An initial training program as defined in the franchise agreement. *Training programs, seminars and other related activities regarding the operation of the Restaurant as we reasonably deem necessary or appropriate. *Certain on-site remedial training when requested and found appropriate. |
| Support | |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Eggspectation | *Site selection. *Onsite assistance prior to and during restaurant opening. *Regular visits, evaluations of the Restaurant, products and services provided at the Restaurant to ensure that the high standards of quality, appearance and service of the System are maintained. *Our prototype restaurant design and consultation provided during restaurant construction. *Assist in local marketing and advertising for your restaurant unit. *Advice and written materials (including updates to the Manuals) concerning techniques for managing and operating the Restaurant, including new developments and improvements in equipment, food products, packaging and preparation. *The use of our established supply sources, including negotiated prices that could not likely be attained by an independent operator. *Merchandising support programs, product tie-ins and seasonal promotions to attract new customers, enhance customer loyalty to maximize the frequency of visits. *The benefit of our Research and Development team that is constantly testing new products and searching for new ideas and better ways to serve customers. |
| Marketing | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Eggspectation | *With available marketing funds, we plan marketing campaigns on regional or national level. *Assist in local marketing and advertising for your restaurant unit. |
| Operations | |
| Red Hot & Blue | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
| Eggspectation | |
Expansion Plans |
|
| US Expansion | |
| Red Hot & Blue | |
| Eggspectation | 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 | |
| Red Hot & Blue | |
| Eggspectation | |
| International Expansion | |
| Red Hot & Blue | |
| Eggspectation | |