Start-Up Costs and Fees |
||
| Red Hot & Blue | Wimpys Diner | |
| Investment | 380700 - 1000000 | 250000 - 500000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 2% | |
| Year Founded | 1988 | 1988 |
| Year Franchised | 1990 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Hot & Blue | Wimpys Diner | |
| Experience | Industry experience | |
Financing Options |
||
| Red Hot & Blue | Wimpys Diner | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Hot & Blue | Wimpys Diner | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | |
| 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 | Wimpys Diner | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Hot & Blue | |
| Wimpys Diner | |
| Franchise Fee | |
| Red Hot & Blue | |
| Wimpys Diner | |
| Royalty Fee | |
| Red Hot & Blue | 5% |
| Wimpys Diner | 4% |
| Advertising Fee | |
| Red Hot & Blue | |
| Wimpys Diner | 2% |
| Year Founded | |
| Red Hot & Blue | 1988 |
| Wimpys Diner | 1988 |
| Year Franchised | |
| Red Hot & Blue | 1990 |
| Wimpys Diner | 1992 |
| Term Of Agreement | |
| Red Hot & Blue | 20 years |
| Wimpys Diner | |
| Renewal Fee | |
| Red Hot & Blue | |
| Wimpys Diner | |
Business Experience Requirements |
|
| Experience | |
| Red Hot & Blue | Industry experience |
| Wimpys Diner | |
Financing Options |
|
| Franchise Fees | |
| Red Hot & Blue | No |
| Wimpys Diner | No |
| Start-up Costs | |
| Red Hot & Blue | |
| Wimpys Diner | |
| Equipment | |
| Red Hot & Blue} | |
| Wimpys Diner | |
| Inventory | |
| Red Hot & Blue | |
| Wimpys Diner | |
| Receivables | |
| Red Hot & Blue | |
| Wimpys Diner | |
| Payroll | |
| Red Hot & Blue | |
| Wimpys Diner | |
Training & Support |
|
| Training | |
| Red Hot & Blue | |
| Wimpys Diner | |
| Support | |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Wimpys Diner | |
| Marketing | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Wimpys Diner | |
| 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) |
| Wimpys Diner | |
Expansion Plans |
|
| US Expansion | |
| Red Hot & Blue | |
| Wimpys Diner | 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 | |
| Red Hot & Blue | |
| Wimpys Diner | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Red Hot & Blue | |
| Wimpys Diner | |