Start-Up Costs and Fees |
||
| Indigo Joe's | Ruby Tuesday | |
| Investment | 1200000 - 1300000 | 1559650 - 3877400 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4% of gross sales |
| Advertising Fee | 1.50% | 1.5% of gross sales |
| Year Founded | 1994 | 1972 |
| Year Franchised | 2002 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Indigo Joe's | Ruby Tuesday | |
| Experience | ||
Financing Options |
||
| Indigo Joe's | Ruby Tuesday | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Indigo Joe's | Ruby Tuesday | |
| 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 | |
| Marketing | Co-op advertising, Ad slicks, 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) | |
Expansion Plans |
||
| Indigo Joe's | Ruby Tuesday | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Indigo Joe's | |
| Ruby Tuesday | |
| Franchise Fee | |
| Indigo Joe's | |
| Ruby Tuesday | |
| Royalty Fee | |
| Indigo Joe's | 5% |
| Ruby Tuesday | 4% of gross sales |
| Advertising Fee | |
| Indigo Joe's | 1.50% |
| Ruby Tuesday | 1.5% of gross sales |
| Year Founded | |
| Indigo Joe's | 1994 |
| Ruby Tuesday | 1972 |
| Year Franchised | |
| Indigo Joe's | 2002 |
| Ruby Tuesday | 1997 |
| Term Of Agreement | |
| Indigo Joe's | 10 years +10 |
| Ruby Tuesday | |
| Renewal Fee | |
| Indigo Joe's | $10K |
| Ruby Tuesday | |
Business Experience Requirements |
|
| Experience | |
| Indigo Joe's | |
| Ruby Tuesday | |
Financing Options |
|
| Franchise Fees | |
| Indigo Joe's | No |
| Ruby Tuesday | No |
| Start-up Costs | |
| Indigo Joe's | |
| Ruby Tuesday | |
| Equipment | |
| Indigo Joe's} | |
| Ruby Tuesday | |
| Inventory | |
| Indigo Joe's | |
| Ruby Tuesday | |
| Receivables | |
| Indigo Joe's | |
| Ruby Tuesday | |
| Payroll | |
| Indigo Joe's | |
| Ruby Tuesday | |
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. |
| Ruby Tuesday | |
| Support | |
| Indigo Joe's | Indigo Joe's provides on-going operational support through their field service representatives |
| Ruby Tuesday | |
| Marketing | |
| Indigo Joe's | Co-op advertising, Ad slicks, Regional advertising |
| Ruby Tuesday | |
| 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) |
| Ruby Tuesday | |
Expansion Plans |
|
| US Expansion | |
| Indigo Joe's | |
| Ruby Tuesday | |
| Canada Expansion | |
| Indigo Joe's | |
| Ruby Tuesday | 0 |
| International Expansion | |
| Indigo Joe's | |
| Ruby Tuesday | |