Start-Up Costs and Fees |
||
| Rockin' Baja Lobster | Barberitos | |
| Investment | 240400 - 1200000 | 119800 - 554025 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% local | |
| Year Founded | 1992 | 2000 |
| Year Franchised | 2004 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rockin' Baja Lobster | Barberitos | |
| Experience | Industry experience General business experience | Restaurant experience is not necessary! The Barberitos system was conceived and set up to be successful for people coming from outside the restaurant industry as well as existing restaurateurs. Our time tested methods and outstanding field support, along with your passion to succeed are all that are needed. Solely " or collectively as an ownership group " have a net worth of at least $700,000 and liquid assets of at least $200,000. Must be able to pass a background inquiry, including credit worthiness, no criminal history, no extensive litigation and a satisfactory motor vehicle report. Must be willing to work hard and be a hands-on operator. Must have a passion for the Barberitos brand and promote and carry out our mission statement. |
Financing Options |
||
| Rockin' Baja Lobster | Barberitos | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rockin' Baja Lobster | Barberitos | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 100%% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Rockin' Baja Lobster | Barberitos | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rockin' Baja Lobster | |
| Barberitos | |
| Franchise Fee | |
| Rockin' Baja Lobster | |
| Barberitos | |
| Royalty Fee | |
| Rockin' Baja Lobster | 5% |
| Barberitos | 5% |
| Advertising Fee | |
| Rockin' Baja Lobster | |
| Barberitos | 2% local |
| Year Founded | |
| Rockin' Baja Lobster | 1992 |
| Barberitos | 2000 |
| Year Franchised | |
| Rockin' Baja Lobster | 2004 |
| Barberitos | 2000 |
| Term Of Agreement | |
| Rockin' Baja Lobster | 10 years |
| Barberitos | 10 years |
| Renewal Fee | |
| Rockin' Baja Lobster | |
| Barberitos | |
Business Experience Requirements |
|
| Experience | |
| Rockin' Baja Lobster | Industry experience General business experience |
| Barberitos | Restaurant experience is not necessary! The Barberitos system was conceived and set up to be successful for people coming from outside the restaurant industry as well as existing restaurateurs. Our time tested methods and outstanding field support, along with your passion to succeed are all that are needed. Solely " or collectively as an ownership group " have a net worth of at least $700,000 and liquid assets of at least $200,000. Must be able to pass a background inquiry, including credit worthiness, no criminal history, no extensive litigation and a satisfactory motor vehicle report. Must be willing to work hard and be a hands-on operator. Must have a passion for the Barberitos brand and promote and carry out our mission statement. |
Financing Options |
|
| Franchise Fees | |
| Rockin' Baja Lobster | No |
| Barberitos | No |
| Start-up Costs | |
| Rockin' Baja Lobster | |
| Barberitos | |
| Equipment | |
| Rockin' Baja Lobster} | |
| Barberitos | |
| Inventory | |
| Rockin' Baja Lobster | |
| Barberitos | |
| Receivables | |
| Rockin' Baja Lobster | |
| Barberitos | |
| Payroll | |
| Rockin' Baja Lobster | |
| Barberitos | |
Training & Support |
|
| Training | |
| Rockin' Baja Lobster | |
| Barberitos | |
| Support | |
| Rockin' Baja Lobster | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Barberitos | |
| Marketing | |
| Rockin' Baja Lobster | Co-op advertising, National media, Regional advertising |
| Barberitos | |
| Operations | |
| Rockin' Baja Lobster | International franchisees required to buy multiple units/master licenses; 100%% of all franchisees own more than one unit Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
| Barberitos | |
Expansion Plans |
|
| US Expansion | |
| Rockin' Baja Lobster | |
| Barberitos | |
| Canada Expansion | |
| Rockin' Baja Lobster | 0 |
| Barberitos | |
| International Expansion | |
| Rockin' Baja Lobster | |
| Barberitos | |