Start-Up Costs and Fees |
||
| Seacrets | I Dream of Falafel | |
| Investment | 1639333 - 3061667 | 337811 - 470302 |
| Franchise Fee | ||
| Royalty Fee | 6% and 10% from hotel | 5% |
| Advertising Fee | 1% local | 3% |
| Year Founded | 0 | 2009 |
| Year Franchised | 0 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Seacrets | I Dream of Falafel | |
| Experience | *You or an operating partner within your franchise team must have significant foodservice and/or hospitality experience in order to qualify to become a Seacrets franchise owner. *In most cases, we expect franchise owners/operating partners to take an active role in daily operations. *Sales, customer relations, and supervisory skills, plus a strong work ethic coupled with honesty and integrity, are also important. *You must be able to meet the financial requirements for developing and operating a Seacrets business. | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
Financing Options |
||
| Seacrets | I Dream of Falafel | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Seacrets | I Dream of Falafel | |
| Training | *You and your key management and kitchen staff will receive up to eight weeks of training at our corporate location. *Additional training will be provided if hotel or nightclub operations are part of your franchise business | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
| Support | *Site Selection & Build-Out Guidance: site selection, building design and interior and exterior decor. *Initial Training and Ongoing Support: comprehensive corporate- and local-based training covering key business management functions. (Additional training will be provided to franchisees who oversee hotel or nightclub operations.) *Inventory Assistance: including planning and ordering initial equipment and supplies. *Established Standards and Procedures for every part of the business (front of house, back of house, bar, restaurant, music venues, and more), all detailed in our confidential operations manual. *Exclusive recipes, ingredients and cooking techniques for our specialty dishes, many of which are made from scratch; plus proprietary branded food products for retail sale. *Relationships with approved vendors and built-in volume discounts. *Marketing guidance and pre-developed materials for local advertising and promotions. | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Seacrets | I Dream of Falafel | |
| US Expansion | Illinois, Wisconsin | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Seacrets | |
| I Dream of Falafel | |
| Franchise Fee | |
| Seacrets | |
| I Dream of Falafel | |
| Royalty Fee | |
| Seacrets | 6% and 10% from hotel |
| I Dream of Falafel | 5% |
| Advertising Fee | |
| Seacrets | 1% local |
| I Dream of Falafel | 3% |
| Year Founded | |
| Seacrets | 0 |
| I Dream of Falafel | 2009 |
| Year Franchised | |
| Seacrets | 0 |
| I Dream of Falafel | 2011 |
| Term Of Agreement | |
| Seacrets | 10 years+10 +10 |
| I Dream of Falafel | 10 years +5+5 |
| Renewal Fee | |
| Seacrets | |
| I Dream of Falafel | |
Business Experience Requirements |
|
| Experience | |
| Seacrets | *You or an operating partner within your franchise team must have significant foodservice and/or hospitality experience in order to qualify to become a Seacrets franchise owner. *In most cases, we expect franchise owners/operating partners to take an active role in daily operations. *Sales, customer relations, and supervisory skills, plus a strong work ethic coupled with honesty and integrity, are also important. *You must be able to meet the financial requirements for developing and operating a Seacrets business. |
| I Dream of Falafel | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
Financing Options |
|
| Franchise Fees | |
| Seacrets | |
| I Dream of Falafel | |
| Start-up Costs | |
| Seacrets | |
| I Dream of Falafel | |
| Equipment | |
| Seacrets} | |
| I Dream of Falafel | |
| Inventory | |
| Seacrets | |
| I Dream of Falafel | |
| Receivables | |
| Seacrets | |
| I Dream of Falafel | |
| Payroll | |
| Seacrets | |
| I Dream of Falafel | |
Training & Support |
|
| Training | |
| Seacrets | *You and your key management and kitchen staff will receive up to eight weeks of training at our corporate location. *Additional training will be provided if hotel or nightclub operations are part of your franchise business |
| I Dream of Falafel | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
| Support | |
| Seacrets | *Site Selection & Build-Out Guidance: site selection, building design and interior and exterior decor. *Initial Training and Ongoing Support: comprehensive corporate- and local-based training covering key business management functions. (Additional training will be provided to franchisees who oversee hotel or nightclub operations.) *Inventory Assistance: including planning and ordering initial equipment and supplies. *Established Standards and Procedures for every part of the business (front of house, back of house, bar, restaurant, music venues, and more), all detailed in our confidential operations manual. *Exclusive recipes, ingredients and cooking techniques for our specialty dishes, many of which are made from scratch; plus proprietary branded food products for retail sale. *Relationships with approved vendors and built-in volume discounts. *Marketing guidance and pre-developed materials for local advertising and promotions. |
| I Dream of Falafel | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
| Marketing | |
| Seacrets | |
| I Dream of Falafel | |
| Operations | |
| Seacrets | |
| I Dream of Falafel | |
Expansion Plans |
|
| US Expansion | |
| Seacrets | |
| I Dream of Falafel | Illinois, Wisconsin |
| Canada Expansion | |
| Seacrets | |
| I Dream of Falafel | |
| International Expansion | |
| Seacrets | |
| I Dream of Falafel | |