Start-Up Costs and Fees |
||
| Seacrets | Symposium Cafe | |
| Investment | 1639333 - 3061667 | 625000 - 675000 |
| Franchise Fee | ||
| Royalty Fee | 6% and 10% from hotel | 4% |
| Advertising Fee | 1% local | 1% |
| Year Founded | 0 | 1996 |
| Year Franchised | 0 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Seacrets | Symposium Cafe | |
| 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. | |
Financing Options |
||
| Seacrets | Symposium Cafe | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Seacrets | Symposium Cafe | |
| 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 | 3 full months of training for up to three individuals at an existing Symposium Cafe location. |
| 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. | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Seacrets | Symposium Cafe | |
| US Expansion | ||
| Canada Expansion | Ontario | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Seacrets | |
| Symposium Cafe | |
| Franchise Fee | |
| Seacrets | |
| Symposium Cafe | |
| Royalty Fee | |
| Seacrets | 6% and 10% from hotel |
| Symposium Cafe | 4% |
| Advertising Fee | |
| Seacrets | 1% local |
| Symposium Cafe | 1% |
| Year Founded | |
| Seacrets | 0 |
| Symposium Cafe | 1996 |
| Year Franchised | |
| Seacrets | 0 |
| Symposium Cafe | 2004 |
| Term Of Agreement | |
| Seacrets | 10 years+10 +10 |
| Symposium Cafe | |
| Renewal Fee | |
| Seacrets | |
| Symposium Cafe | |
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. |
| Symposium Cafe | |
Financing Options |
|
| Franchise Fees | |
| Seacrets | |
| Symposium Cafe | |
| Start-up Costs | |
| Seacrets | |
| Symposium Cafe | |
| Equipment | |
| Seacrets} | |
| Symposium Cafe | |
| Inventory | |
| Seacrets | |
| Symposium Cafe | |
| Receivables | |
| Seacrets | |
| Symposium Cafe | |
| Payroll | |
| Seacrets | |
| Symposium Cafe | |
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 |
| Symposium Cafe | 3 full months of training for up to three individuals at an existing Symposium Cafe location. |
| 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. |
| Symposium Cafe | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. |
| Marketing | |
| Seacrets | |
| Symposium Cafe | |
| Operations | |
| Seacrets | |
| Symposium Cafe | |
Expansion Plans |
|
| US Expansion | |
| Seacrets | |
| Symposium Cafe | |
| Canada Expansion | |
| Seacrets | |
| Symposium Cafe | Ontario |
| International Expansion | |
| Seacrets | |
| Symposium Cafe | |