Start-Up Costs and Fees |
||
| Ruby Tuesday | Indigo Joe's | |
| Investment | 1559650 - 3877400 | 1200000 - 1300000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% of gross sales | 5% |
| Advertising Fee | 1.5% of gross sales | 1.50% |
| Year Founded | 1972 | 1994 |
| Year Franchised | 1997 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ruby Tuesday | Indigo Joe's | |
| Experience | ||
Financing Options |
||
| Ruby Tuesday | Indigo Joe's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ruby Tuesday | 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 | Indigo Joe's provides on-going operational support through their field service representatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 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 |
||
| Ruby Tuesday | Indigo Joe's | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ruby Tuesday | |
| Indigo Joe's | |
| Franchise Fee | |
| Ruby Tuesday | |
| Indigo Joe's | |
| Royalty Fee | |
| Ruby Tuesday | 4% of gross sales |
| Indigo Joe's | 5% |
| Advertising Fee | |
| Ruby Tuesday | 1.5% of gross sales |
| Indigo Joe's | 1.50% |
| Year Founded | |
| Ruby Tuesday | 1972 |
| Indigo Joe's | 1994 |
| Year Franchised | |
| Ruby Tuesday | 1997 |
| Indigo Joe's | 2002 |
| Term Of Agreement | |
| Ruby Tuesday | |
| Indigo Joe's | 10 years +10 |
| Renewal Fee | |
| Ruby Tuesday | |
| Indigo Joe's | $10K |
Business Experience Requirements |
|
| Experience | |
| Ruby Tuesday | |
| Indigo Joe's | |
Financing Options |
|
| Franchise Fees | |
| Ruby Tuesday | |
| Indigo Joe's | |
| Start-up Costs | |
| Ruby Tuesday | |
| Indigo Joe's | |
| Equipment | |
| Ruby Tuesday} | |
| Indigo Joe's | |
| Inventory | |
| Ruby Tuesday | |
| Indigo Joe's | |
| Receivables | |
| Ruby Tuesday | |
| Indigo Joe's | |
| Payroll | |
| Ruby Tuesday | |
| Indigo Joe's | |
Training & Support |
|
| Training | |
| Ruby Tuesday | |
| 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 | |
| Ruby Tuesday | |
| Indigo Joe's | Indigo Joe's provides on-going operational support through their field service representatives |
| Marketing | |
| Ruby Tuesday | |
| Indigo Joe's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Ruby Tuesday | |
| 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 | |
| Ruby Tuesday | |
| Indigo Joe's | |
| Canada Expansion | |
| Ruby Tuesday | 0 |
| Indigo Joe's | |
| International Expansion | |
| Ruby Tuesday | |
| Indigo Joe's | |