Start-Up Costs and Fees |
||
| Black Bear Diners | Quaker Steak & Lube | |
| Investment | 1133800 - 2114200 | 1800000 - 3700000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 1% | 3% |
| Year Founded | 1995 | 1974 |
| Year Franchised | 2002 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Black Bear Diners | Quaker Steak & Lube | |
| Experience | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service | |
Financing Options |
||
| Black Bear Diners | Quaker Steak & Lube | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Black Bear Diners | Quaker Steak & Lube | |
| Training | On-The-Job Training: 240 hours Additional Training: At certified training restaurants | Available at headquarters: 8-10 weeks. |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, National media, Regional advertising |
| Operations | Number of Employees Required to Run: 65 | |
Expansion Plans |
||
| Black Bear Diners | Quaker Steak & Lube | |
| 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 | 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 | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
| Franchise Fee | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
| Royalty Fee | |
| Black Bear Diners | 4.50% |
| Quaker Steak & Lube | 5% |
| Advertising Fee | |
| Black Bear Diners | 1% |
| Quaker Steak & Lube | 3% |
| Year Founded | |
| Black Bear Diners | 1995 |
| Quaker Steak & Lube | 1974 |
| Year Franchised | |
| Black Bear Diners | 2002 |
| Quaker Steak & Lube | 1997 |
| Term Of Agreement | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
| Renewal Fee | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
Business Experience Requirements |
|
| Experience | |
| Black Bear Diners | |
| Quaker Steak & Lube | Quaker Steak & Lube is looking for franchise owners who will be passionate about the brand and philosophically aligned with our values and approach to operating a business. Criteria for a successful franchisee team: * Minimum $500,000 liquidity for single unit development and $1,000,000 liquidity for multi-unit development * Restaurant and/or operational experience * Strong understanding in executing Four-Walls and Local Marketing * Passion for guest service |
Financing Options |
|
| Franchise Fees | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
| Start-up Costs | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
| Equipment | |
| Black Bear Diners} | |
| Quaker Steak & Lube | |
| Inventory | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
| Receivables | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
| Payroll | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
Training & Support |
|
| Training | |
| Black Bear Diners | On-The-Job Training: 240 hours Additional Training: At certified training restaurants |
| Quaker Steak & Lube | Available at headquarters: 8-10 weeks. |
| Support | |
| Black Bear Diners | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Franchisee Intranet Platform |
| Quaker Steak & Lube | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Black Bear Diners | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Quaker Steak & Lube | Co-op advertising, National media, Regional advertising |
| Operations | |
| Black Bear Diners | Number of Employees Required to Run: 65 |
| Quaker Steak & Lube | |
Expansion Plans |
|
| US Expansion | |
| Black Bear Diners | 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 |
| Quaker Steak & Lube | 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 | |
| Black Bear Diners | |
| Quaker Steak & Lube | |
| International Expansion | |
| Black Bear Diners | |
| Quaker Steak & Lube | Worldwide, |