Start-Up Costs and Fees |
||
| Damon's | Old Carolina Barbecue Co. | |
| Investment | 1200000 - 3200000 | 309800 - 687000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 0.50% | |
| Year Founded | 1979 | 2006 |
| Year Franchised | 1982 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Damon's | Old Carolina Barbecue Co. | |
| Experience | Industry experience | |
Financing Options |
||
| Damon's | Old Carolina Barbecue Co. | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Damon's | Old Carolina Barbecue Co. | |
| Training | ||
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Damon's | Old Carolina Barbecue Co. | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Damon's | |
| Old Carolina Barbecue Co. | |
| Franchise Fee | |
| Damon's | |
| Old Carolina Barbecue Co. | |
| Royalty Fee | |
| Damon's | 4% |
| Old Carolina Barbecue Co. | 5% |
| Advertising Fee | |
| Damon's | |
| Old Carolina Barbecue Co. | 0.50% |
| Year Founded | |
| Damon's | 1979 |
| Old Carolina Barbecue Co. | 2006 |
| Year Franchised | |
| Damon's | 1982 |
| Old Carolina Barbecue Co. | 2012 |
| Term Of Agreement | |
| Damon's | 10 years |
| Old Carolina Barbecue Co. | |
| Renewal Fee | |
| Damon's | |
| Old Carolina Barbecue Co. | |
Business Experience Requirements |
|
| Experience | |
| Damon's | Industry experience |
| Old Carolina Barbecue Co. | |
Financing Options |
|
| Franchise Fees | |
| Damon's | No |
| Old Carolina Barbecue Co. | No |
| Start-up Costs | |
| Damon's | |
| Old Carolina Barbecue Co. | |
| Equipment | |
| Damon's} | |
| Old Carolina Barbecue Co. | |
| Inventory | |
| Damon's | |
| Old Carolina Barbecue Co. | |
| Receivables | |
| Damon's | |
| Old Carolina Barbecue Co. | |
| Payroll | |
| Damon's | |
| Old Carolina Barbecue Co. | |
Training & Support |
|
| Training | |
| Damon's | |
| Old Carolina Barbecue Co. | |
| Support | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Old Carolina Barbecue Co. | |
| Marketing | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Old Carolina Barbecue Co. | |
| Operations | |
| Damon's | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Old Carolina Barbecue Co. | |
Expansion Plans |
|
| US Expansion | |
| Damon's | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Old Carolina Barbecue Co. | Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia |
| Canada Expansion | |
| Damon's | |
| Old Carolina Barbecue Co. | |
| International Expansion | |
| Damon's | |
| Old Carolina Barbecue Co. | |