Start-Up Costs and Fees |
||
| Indigo Joe's | Red Hot & Blue | |
| Investment | 1200000 - 1300000 | 380700 - 1000000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1.50% | |
| Year Founded | 1994 | 1988 |
| Year Franchised | 2002 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Indigo Joe's | Red Hot & Blue | |
| Experience | Industry experience | |
Financing Options |
||
| Indigo Joe's | Red Hot & Blue | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Indigo Joe's | Red Hot & Blue | |
| Training | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. | |
| Support | Indigo Joe's provides on-going operational support through their field service representatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad slicks, National media, Regional advertising |
| Operations | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
||
| Indigo Joe's | Red Hot & Blue | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Indigo Joe's | |
| Red Hot & Blue | |
| Franchise Fee | |
| Indigo Joe's | |
| Red Hot & Blue | |
| Royalty Fee | |
| Indigo Joe's | 5% |
| Red Hot & Blue | 5% |
| Advertising Fee | |
| Indigo Joe's | 1.50% |
| Red Hot & Blue | |
| Year Founded | |
| Indigo Joe's | 1994 |
| Red Hot & Blue | 1988 |
| Year Franchised | |
| Indigo Joe's | 2002 |
| Red Hot & Blue | 1990 |
| Term Of Agreement | |
| Indigo Joe's | 10 years +10 |
| Red Hot & Blue | 20 years |
| Renewal Fee | |
| Indigo Joe's | $10K |
| Red Hot & Blue | |
Business Experience Requirements |
|
| Experience | |
| Indigo Joe's | |
| Red Hot & Blue | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Indigo Joe's | No |
| Red Hot & Blue | No |
| Start-up Costs | |
| Indigo Joe's | |
| Red Hot & Blue | |
| Equipment | |
| Indigo Joe's} | |
| Red Hot & Blue | |
| Inventory | |
| Indigo Joe's | |
| Red Hot & Blue | |
| Receivables | |
| Indigo Joe's | |
| Red Hot & Blue | |
| Payroll | |
| Indigo Joe's | |
| Red Hot & Blue | |
Training & Support |
|
| Training | |
| Indigo Joe's | Prior to the opening of the store, it is essential to successfully complete Indigo Joe's intensive 6-week franchise training program. This program will educate the franchise owner in all aspects of restaurant operations as well as provide him or her with all the necessary tools. Topics that will be covered include customer service, preparation of Indigo Joe's menu items, quality and food portion control, beverage and inventory management, cost control, employee hiring and scheduling, store safety guidelines, management tools and systems, turnover reduction and budgeting and forecasting. Store Opening training is provided for 7 days prior to the opening date and until 7 days after. This training is a more "hands on" approach to managing and successfully running an Indigo Joe's restaurant. |
| Red Hot & Blue | |
| Support | |
| Indigo Joe's | Indigo Joe's provides on-going operational support through their field service representatives |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | |
| Indigo Joe's | Co-op advertising, Ad slicks, Regional advertising |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Operations | |
| Indigo Joe's | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Red Hot & Blue | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 60 Absentee ownership of franchise is NOT allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Indigo Joe's | |
| Red Hot & Blue | |
| Canada Expansion | |
| Indigo Joe's | |
| Red Hot & Blue | |
| International Expansion | |
| Indigo Joe's | |
| Red Hot & Blue | |