Start-Up Costs and Fees |
||
| Phillips Seafood | Shuckin' Shack | |
| Investment | 1000000 - 5000000 | 252700 - 841750 |
| Franchise Fee | ||
| Royalty Fee | 5% | 3.5-5.5% |
| Advertising Fee | 2% | 1.50% |
| Year Founded | 0 | 2007 |
| Year Franchised | 0 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Phillips Seafood | Shuckin' Shack | |
| Experience | * Multiple restaurant/or hospitality experience * Existing infrastructure to develop operations and expansion * Solid capitalization to meet an endorsed development plan * Appropriate experience in the desired market or venue * Commitment to timely development * Passion to safeguard a Heritage brand of almost 100 years | |
Financing Options |
||
| Phillips Seafood | Shuckin' Shack | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Phillips Seafood | Shuckin' Shack | |
| Training | On-The-Job Training: 80 hours Classroom Training: 64 hours | |
| Support | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 20 | |
Expansion Plans |
||
| Phillips Seafood | Shuckin' Shack | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Phillips Seafood | |
| Shuckin' Shack | |
| Franchise Fee | |
| Phillips Seafood | |
| Shuckin' Shack | |
| Royalty Fee | |
| Phillips Seafood | 5% |
| Shuckin' Shack | 3.5-5.5% |
| Advertising Fee | |
| Phillips Seafood | 2% |
| Shuckin' Shack | 1.50% |
| Year Founded | |
| Phillips Seafood | 0 |
| Shuckin' Shack | 2007 |
| Year Franchised | |
| Phillips Seafood | 0 |
| Shuckin' Shack | 2014 |
| Term Of Agreement | |
| Phillips Seafood | |
| Shuckin' Shack | |
| Renewal Fee | |
| Phillips Seafood | |
| Shuckin' Shack | |
Business Experience Requirements |
|
| Experience | |
| Phillips Seafood | * Multiple restaurant/or hospitality experience * Existing infrastructure to develop operations and expansion * Solid capitalization to meet an endorsed development plan * Appropriate experience in the desired market or venue * Commitment to timely development * Passion to safeguard a Heritage brand of almost 100 years |
| Shuckin' Shack | |
Financing Options |
|
| Franchise Fees | |
| Phillips Seafood | |
| Shuckin' Shack | |
| Start-up Costs | |
| Phillips Seafood | |
| Shuckin' Shack | |
| Equipment | |
| Phillips Seafood} | |
| Shuckin' Shack | |
| Inventory | |
| Phillips Seafood | |
| Shuckin' Shack | |
| Receivables | |
| Phillips Seafood | |
| Shuckin' Shack | |
| Payroll | |
| Phillips Seafood | |
| Shuckin' Shack | |
Training & Support |
|
| Training | |
| Phillips Seafood | |
| Shuckin' Shack | On-The-Job Training: 80 hours Classroom Training: 64 hours |
| Support | |
| Phillips Seafood | |
| Shuckin' Shack | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Phillips Seafood | |
| Shuckin' Shack | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Phillips Seafood | |
| Shuckin' Shack | Absentee Ownership Allowed Number of Employees Required to Run: 20 |
Expansion Plans |
|
| US Expansion | |
| Phillips Seafood | |
| Shuckin' Shack | |
| Canada Expansion | |
| Phillips Seafood | |
| Shuckin' Shack | |
| International Expansion | |
| Phillips Seafood | |
| Shuckin' Shack | |