Start-Up Costs and Fees |
||
| Shula's Steak House | Damon's | |
| Investment | 1126600 - 3037500 | 1200000 - 3200000 |
| Franchise Fee | 0 | |
| Royalty Fee | 12% | 4% |
| Advertising Fee | Not less than $30,000 | |
| Year Founded | 0 | 1979 |
| Year Franchised | 0 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Shula's Steak House | Damon's | |
| Experience | Industry experience | |
Financing Options |
||
| Shula's Steak House | Damon's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Shula's Steak House | Damon's | |
| Training | The Franchise Owner, the Head Coach, the Business Development Manager, the Shula's Chef, and any oth er employees that designated must attend and complete the Basic training program. The training is based at the franchise premise for 14 days. The franchisee must pay for the expenses incurred by the franchisor during the basic training. The Head Coach, Business Development Manager, and Shula's Chef must complete the Managers' Training Program, which consists of three to five business days located at corporate headquarters. | |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | The franchisee must act as or hire a designated Head Coach to act as the franchised business's general manager. The Head Coach must devote, on a full-time basis, his or her best efforts to managing and operating the franchised business. The franchised business requires the Head Coach's day-to-day supervision. The franchisee must also hire a Business Development Manager, who is primarily responsible for developing business from individuals and organizations within the protected territory. The franchisee must also hire a Shula's Chef, who is the franchised business's head chef and is primar ily responsible for operating and managing its kitchen. | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Shula's Steak House | Damon's | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Shula's Steak House | |
| Damon's | |
| Franchise Fee | |
| Shula's Steak House | |
| Damon's | |
| Royalty Fee | |
| Shula's Steak House | 12% |
| Damon's | 4% |
| Advertising Fee | |
| Shula's Steak House | Not less than $30,000 |
| Damon's | |
| Year Founded | |
| Shula's Steak House | 0 |
| Damon's | 1979 |
| Year Franchised | |
| Shula's Steak House | 0 |
| Damon's | 1982 |
| Term Of Agreement | |
| Shula's Steak House | 10 years +10+10 |
| Damon's | 10 years |
| Renewal Fee | |
| Shula's Steak House | |
| Damon's | |
Business Experience Requirements |
|
| Experience | |
| Shula's Steak House | |
| Damon's | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Shula's Steak House | |
| Damon's | |
| Start-up Costs | |
| Shula's Steak House | |
| Damon's | |
| Equipment | |
| Shula's Steak House} | |
| Damon's | |
| Inventory | |
| Shula's Steak House | |
| Damon's | |
| Receivables | |
| Shula's Steak House | |
| Damon's | |
| Payroll | |
| Shula's Steak House | |
| Damon's | |
Training & Support |
|
| Training | |
| Shula's Steak House | The Franchise Owner, the Head Coach, the Business Development Manager, the Shula's Chef, and any oth er employees that designated must attend and complete the Basic training program. The training is based at the franchise premise for 14 days. The franchisee must pay for the expenses incurred by the franchisor during the basic training. The Head Coach, Business Development Manager, and Shula's Chef must complete the Managers' Training Program, which consists of three to five business days located at corporate headquarters. |
| Damon's | |
| Support | |
| Shula's Steak House | |
| Damon's | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Shula's Steak House | |
| Damon's | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Shula's Steak House | The franchisee must act as or hire a designated Head Coach to act as the franchised business's general manager. The Head Coach must devote, on a full-time basis, his or her best efforts to managing and operating the franchised business. The franchised business requires the Head Coach's day-to-day supervision. The franchisee must also hire a Business Development Manager, who is primarily responsible for developing business from individuals and organizations within the protected territory. The franchisee must also hire a Shula's Chef, who is the franchised business's head chef and is primar ily responsible for operating and managing its kitchen. |
| Damon's | Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Shula's Steak House | |
| Damon's | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Shula's Steak House | |
| Damon's | |
| International Expansion | |
| Shula's Steak House | |
| Damon's | |