Start-Up Costs and Fees |
||
| Runza Restaurants | Bagger Daves | |
| Investment | 1250000 - 2720000 | 0 - 0 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 1%+up to 4% locally | |
| Year Founded | 1949 | 0 |
| Year Franchised | 1970 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Runza Restaurants | Bagger Daves | |
| Experience | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. | |
Financing Options |
||
| Runza Restaurants | Bagger Daves | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Runza Restaurants | Bagger Daves | |
| Training | ||
| Support | ||
| Marketing | ||
| Operations | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required | |
Expansion Plans |
||
| Runza Restaurants | Bagger Daves | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Runza Restaurants | |
| Bagger Daves | |
| Franchise Fee | |
| Runza Restaurants | |
| Bagger Daves | |
| Royalty Fee | |
| Runza Restaurants | 5% |
| Bagger Daves | |
| Advertising Fee | |
| Runza Restaurants | 1%+up to 4% locally |
| Bagger Daves | |
| Year Founded | |
| Runza Restaurants | 1949 |
| Bagger Daves | 0 |
| Year Franchised | |
| Runza Restaurants | 1970 |
| Bagger Daves | 0 |
| Term Of Agreement | |
| Runza Restaurants | 10 years |
| Bagger Daves | |
| Renewal Fee | |
| Runza Restaurants | $5,000 |
| Bagger Daves | |
Business Experience Requirements |
|
| Experience | |
| Runza Restaurants | |
| Bagger Daves | Although new to franchising, Bagger Dave's has seen a high level of interest in franchising the concept. To measure a candidate's qualifications, we have established both net worth and liquid asset are a minimum of $300,000 per store and a net worth per store of $1,200,000. We also require that no more than 80% of the start-up costs be leveraged; 20% of any single stores start-up costs must be in liquid assets. |
Financing Options |
|
| Franchise Fees | |
| Runza Restaurants | |
| Bagger Daves | |
| Start-up Costs | |
| Runza Restaurants | |
| Bagger Daves | |
| Equipment | |
| Runza Restaurants} | |
| Bagger Daves | |
| Inventory | |
| Runza Restaurants | |
| Bagger Daves | |
| Receivables | |
| Runza Restaurants | |
| Bagger Daves | |
| Payroll | |
| Runza Restaurants | |
| Bagger Daves | |
Training & Support |
|
| Training | |
| Runza Restaurants | |
| Bagger Daves | |
| Support | |
| Runza Restaurants | |
| Bagger Daves | |
| Marketing | |
| Runza Restaurants | |
| Bagger Daves | |
| Operations | |
| Runza Restaurants | |
| Bagger Daves | Each franchise restaurant location must at all times have a full-time, qualified, experienced General Manager (GM). The GM must have direct experience in unit-level management within the restaurant industry. Each franchise group must also have a person with multi-unit restaurant management experience. If you do not personally have this background and experience, you will be required to have what we call an "Operating Partner." Your Operating Partner will be responsible for operations of your franchised restaurant network. It is your responsibility to secure an Operating Partner if you do not have the substantive experience required |
Expansion Plans |
|
| US Expansion | |
| Runza Restaurants | |
| Bagger Daves | 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 | |
| Runza Restaurants | |
| Bagger Daves | |
| International Expansion | |
| Runza Restaurants | |
| Bagger Daves | |