Start-Up Costs and Fees |
||
| Red Hot & Blue | Symposium Cafe | |
| Investment | 380700 - 1000000 | 625000 - 675000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 1% | |
| Year Founded | 1988 | 1996 |
| Year Franchised | 1990 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Hot & Blue | Symposium Cafe | |
| Experience | Industry experience | |
Financing Options |
||
| Red Hot & Blue | Symposium Cafe | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Hot & Blue | Symposium Cafe | |
| Training | 3 full months of training for up to three individuals at an existing Symposium Cafe location. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. |
| Marketing | Ad slicks, National media, 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) | |
Expansion Plans |
||
| Red Hot & Blue | Symposium Cafe | |
| US Expansion | ||
| Canada Expansion | Ontario | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Hot & Blue | |
| Symposium Cafe | |
| Franchise Fee | |
| Red Hot & Blue | |
| Symposium Cafe | |
| Royalty Fee | |
| Red Hot & Blue | 5% |
| Symposium Cafe | 4% |
| Advertising Fee | |
| Red Hot & Blue | |
| Symposium Cafe | 1% |
| Year Founded | |
| Red Hot & Blue | 1988 |
| Symposium Cafe | 1996 |
| Year Franchised | |
| Red Hot & Blue | 1990 |
| Symposium Cafe | 2004 |
| Term Of Agreement | |
| Red Hot & Blue | 20 years |
| Symposium Cafe | |
| Renewal Fee | |
| Red Hot & Blue | |
| Symposium Cafe | |
Business Experience Requirements |
|
| Experience | |
| Red Hot & Blue | Industry experience |
| Symposium Cafe | |
Financing Options |
|
| Franchise Fees | |
| Red Hot & Blue | No |
| Symposium Cafe | No |
| Start-up Costs | |
| Red Hot & Blue | |
| Symposium Cafe | |
| Equipment | |
| Red Hot & Blue} | |
| Symposium Cafe | |
| Inventory | |
| Red Hot & Blue | |
| Symposium Cafe | |
| Receivables | |
| Red Hot & Blue | |
| Symposium Cafe | |
| Payroll | |
| Red Hot & Blue | |
| Symposium Cafe | |
Training & Support |
|
| Training | |
| Red Hot & Blue | |
| Symposium Cafe | 3 full months of training for up to three individuals at an existing Symposium Cafe location. |
| Support | |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Symposium Cafe | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. |
| Marketing | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Symposium Cafe | |
| 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) |
| Symposium Cafe | |
Expansion Plans |
|
| US Expansion | |
| Red Hot & Blue | |
| Symposium Cafe | |
| Canada Expansion | |
| Red Hot & Blue | |
| Symposium Cafe | Ontario |
| International Expansion | |
| Red Hot & Blue | |
| Symposium Cafe | |