Start-Up Costs and Fees |
||
| Steaks To Go | Bagger Daves | |
| Investment | 110000 - 150000 | 0 - 0 |
| Franchise Fee | 0 | |
| Royalty Fee | $250/wk. or 3% | |
| Advertising Fee | ||
| Year Founded | 1990 | 0 |
| Year Franchised | 1995 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Steaks To Go | Bagger Daves | |
| Experience | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. | |
Financing Options |
||
| Steaks To Go | Bagger Daves | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Steaks To Go | Bagger Daves | |
| Training | ||
| Support | Grand opening, Internet, Field operations/evaluations | |
| Marketing | ||
| Operations | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
||
| Steaks To Go | Bagger Daves | |
| 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 | Canada, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Steaks To Go | |
| Bagger Daves | |
| Franchise Fee | |
| Steaks To Go | |
| Bagger Daves | |
| Royalty Fee | |
| Steaks To Go | $250/wk. or 3% |
| Bagger Daves | |
| Advertising Fee | |
| Steaks To Go | |
| Bagger Daves | |
| Year Founded | |
| Steaks To Go | 1990 |
| Bagger Daves | 0 |
| Year Franchised | |
| Steaks To Go | 1995 |
| Bagger Daves | 0 |
| Term Of Agreement | |
| Steaks To Go | 5 years |
| Bagger Daves | |
| Renewal Fee | |
| Steaks To Go | |
| Bagger Daves | |
Business Experience Requirements |
|
| Experience | |
| Steaks To Go | |
| Bagger Daves | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
|
| Franchise Fees | |
| Steaks To Go | No |
| Bagger Daves | No |
| Start-up Costs | |
| Steaks To Go | |
| Bagger Daves | |
| Equipment | |
| Steaks To Go} | |
| Bagger Daves | |
| Inventory | |
| Steaks To Go | |
| Bagger Daves | |
| Receivables | |
| Steaks To Go | |
| Bagger Daves | |
| Payroll | |
| Steaks To Go | |
| Bagger Daves | |
Training & Support |
|
| Training | |
| Steaks To Go | |
| Bagger Daves | |
| Support | |
| Steaks To Go | Grand opening, Internet, Field operations/evaluations |
| Bagger Daves | |
| Marketing | |
| Steaks To Go | |
| Bagger Daves | |
| Operations | |
| Steaks To Go | Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Bagger Daves | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
|
| US Expansion | |
| Steaks To Go | |
| Bagger Daves | 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 | |
| Steaks To Go | |
| Bagger Daves | |
| International Expansion | |
| Steaks To Go | Canada, Western Europe, |
| Bagger Daves | |