Start-Up Costs and Fees |
||
| Eggspectation | Shoney's Restaurants | |
| Investment | 650000 - 1500000 | 568000 - 2800000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 2.5-3.5% |
| Advertising Fee | 2% Nat'l 1% local | |
| Year Founded | 1993 | 1968 |
| Year Franchised | 1998 | 1971 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Eggspectation | Shoney's Restaurants | |
| Experience | Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous | |
Financing Options |
||
| Eggspectation | Shoney's Restaurants | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Eggspectation | Shoney's Restaurants | |
| Training | *An initial training program as defined in the franchise agreement. *Training programs, seminars and other related activities regarding the operation of the Restaurant as we reasonably deem necessary or appropriate. *Certain on-site remedial training when requested and found appropriate. | |
| Support | *Site selection. *Onsite assistance prior to and during restaurant opening. *Regular visits, evaluations of the Restaurant, products and services provided at the Restaurant to ensure that the high standards of quality, appearance and service of the System are maintained. *Our prototype restaurant design and consultation provided during restaurant construction. *Assist in local marketing and advertising for your restaurant unit. *Advice and written materials (including updates to the Manuals) concerning techniques for managing and operating the Restaurant, including new developments and improvements in equipment, food products, packaging and preparation. *The use of our established supply sources, including negotiated prices that could not likely be attained by an independent operator. *Merchandising support programs, product tie-ins and seasonal promotions to attract new customers, enhance customer loyalty to maximize the frequency of visits. *The benefit of our Research and Development team that is constantly testing new products and searching for new ideas and better ways to serve customers. | |
| Marketing | *With available marketing funds, we plan marketing campaigns on regional or national level. *Assist in local marketing and advertising for your restaurant unit. | |
| Operations | ||
Expansion Plans |
||
| Eggspectation | Shoney's Restaurants | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Eggspectation | |
| Shoney's Restaurants | |
| Franchise Fee | |
| Eggspectation | |
| Shoney's Restaurants | |
| Royalty Fee | |
| Eggspectation | 5% |
| Shoney's Restaurants | 2.5-3.5% |
| Advertising Fee | |
| Eggspectation | 2% Nat'l 1% local |
| Shoney's Restaurants | |
| Year Founded | |
| Eggspectation | 1993 |
| Shoney's Restaurants | 1968 |
| Year Franchised | |
| Eggspectation | 1998 |
| Shoney's Restaurants | 1971 |
| Term Of Agreement | |
| Eggspectation | |
| Shoney's Restaurants | |
| Renewal Fee | |
| Eggspectation | |
| Shoney's Restaurants | |
Business Experience Requirements |
|
| Experience | |
| Eggspectation | |
| Shoney's Restaurants | Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous |
Financing Options |
|
| Franchise Fees | |
| Eggspectation | |
| Shoney's Restaurants | |
| Start-up Costs | |
| Eggspectation | |
| Shoney's Restaurants | |
| Equipment | |
| Eggspectation} | |
| Shoney's Restaurants | |
| Inventory | |
| Eggspectation | |
| Shoney's Restaurants | |
| Receivables | |
| Eggspectation | |
| Shoney's Restaurants | |
| Payroll | |
| Eggspectation | |
| Shoney's Restaurants | |
Training & Support |
|
| Training | |
| Eggspectation | *An initial training program as defined in the franchise agreement. *Training programs, seminars and other related activities regarding the operation of the Restaurant as we reasonably deem necessary or appropriate. *Certain on-site remedial training when requested and found appropriate. |
| Shoney's Restaurants | |
| Support | |
| Eggspectation | *Site selection. *Onsite assistance prior to and during restaurant opening. *Regular visits, evaluations of the Restaurant, products and services provided at the Restaurant to ensure that the high standards of quality, appearance and service of the System are maintained. *Our prototype restaurant design and consultation provided during restaurant construction. *Assist in local marketing and advertising for your restaurant unit. *Advice and written materials (including updates to the Manuals) concerning techniques for managing and operating the Restaurant, including new developments and improvements in equipment, food products, packaging and preparation. *The use of our established supply sources, including negotiated prices that could not likely be attained by an independent operator. *Merchandising support programs, product tie-ins and seasonal promotions to attract new customers, enhance customer loyalty to maximize the frequency of visits. *The benefit of our Research and Development team that is constantly testing new products and searching for new ideas and better ways to serve customers. |
| Shoney's Restaurants | |
| Marketing | |
| Eggspectation | *With available marketing funds, we plan marketing campaigns on regional or national level. *Assist in local marketing and advertising for your restaurant unit. |
| Shoney's Restaurants | |
| Operations | |
| Eggspectation | |
| Shoney's Restaurants | |
Expansion Plans |
|
| US Expansion | |
| Eggspectation | 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 |
| Shoney's Restaurants | |
| Canada Expansion | |
| Eggspectation | |
| Shoney's Restaurants | 0 |
| International Expansion | |
| Eggspectation | |
| Shoney's Restaurants | |