Start-Up Costs and Fees |
||
| National Restaurant Properties | Weichert Real Estate | |
| Investment | 39450 - 105700 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1968 | 1969 |
| Year Franchised | 1990 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| National Restaurant Properties | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| National Restaurant Properties | Weichert Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| National Restaurant Properties | Weichert Real Estate | |
| Training | 2 weeks | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| National Restaurant Properties | Weichert Real Estate | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| National Restaurant Properties | |
| Weichert Real Estate | |
| Franchise Fee | |
| National Restaurant Properties | |
| Weichert Real Estate | |
| Royalty Fee | |
| National Restaurant Properties | 6% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| National Restaurant Properties | 2% |
| Weichert Real Estate | 2% |
| Year Founded | |
| National Restaurant Properties | 1968 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| National Restaurant Properties | 1990 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| National Restaurant Properties | 20 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| National Restaurant Properties | 20% of current franchise fee |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| National Restaurant Properties | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| National Restaurant Properties | |
| Weichert Real Estate | |
| Start-up Costs | |
| National Restaurant Properties | |
| Weichert Real Estate | |
| Equipment | |
| National Restaurant Properties} | |
| Weichert Real Estate | |
| Inventory | |
| National Restaurant Properties | |
| Weichert Real Estate | |
| Receivables | |
| National Restaurant Properties | |
| Weichert Real Estate | |
| Payroll | |
| National Restaurant Properties | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| National Restaurant Properties | 2 weeks |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| National Restaurant Properties | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| National Restaurant Properties | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| National Restaurant Properties | |
| Weichert Real Estate | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| National Restaurant Properties | |
| Weichert Real Estate | 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 | |
| National Restaurant Properties | |
| Weichert Real Estate | |
| International Expansion | |
| National Restaurant Properties | |
| Weichert Real Estate | |