Start-Up Costs and Fees |
||
| Red Hot & Blue | Indigo Joe's | |
| Investment | 380700 - 1000000 | 1200000 - 1300000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1.50% | |
| Year Founded | 1988 | 1994 |
| Year Franchised | 1990 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Hot & Blue | Indigo Joe's | |
| Experience | Industry experience | |
Financing Options |
||
| Red Hot & Blue | Indigo Joe's | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Red Hot & Blue | Indigo Joe's | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | Indigo Joe's provides on-going operational support through their field service representatives |
| Marketing | Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, Regional advertising |
| Operations | 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) | 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 |
||
| Red Hot & Blue | Indigo Joe's | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Hot & Blue | |
| Indigo Joe's | |
| Franchise Fee | |
| Red Hot & Blue | |
| Indigo Joe's | |
| Royalty Fee | |
| Red Hot & Blue | 5% |
| Indigo Joe's | 5% |
| Advertising Fee | |
| Red Hot & Blue | |
| Indigo Joe's | 1.50% |
| Year Founded | |
| Red Hot & Blue | 1988 |
| Indigo Joe's | 1994 |
| Year Franchised | |
| Red Hot & Blue | 1990 |
| Indigo Joe's | 2002 |
| Term Of Agreement | |
| Red Hot & Blue | 20 years |
| Indigo Joe's | 10 years +10 |
| Renewal Fee | |
| Red Hot & Blue | |
| Indigo Joe's | $10K |
Business Experience Requirements |
|
| Experience | |
| Red Hot & Blue | Industry experience |
| Indigo Joe's | |
Financing Options |
|
| Franchise Fees | |
| Red Hot & Blue | No |
| Indigo Joe's | No |
| Start-up Costs | |
| Red Hot & Blue | |
| Indigo Joe's | |
| Equipment | |
| Red Hot & Blue} | |
| Indigo Joe's | |
| Inventory | |
| Red Hot & Blue | |
| Indigo Joe's | |
| Receivables | |
| Red Hot & Blue | |
| Indigo Joe's | |
| Payroll | |
| Red Hot & Blue | |
| Indigo Joe's | |
Training & Support |
|
| Training | |
| Red Hot & Blue | |
| 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. |
| Support | |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Indigo Joe's | Indigo Joe's provides on-going operational support through their field service representatives |
| Marketing | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Indigo Joe's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| 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) |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Red Hot & Blue | |
| Indigo Joe's | |
| Canada Expansion | |
| Red Hot & Blue | |
| Indigo Joe's | |
| International Expansion | |
| Red Hot & Blue | |
| Indigo Joe's | |