Start-Up Costs and Fees |
||
| Symposium Cafe | Red Hot & Blue | |
| Investment | 625000 - 675000 | 380700 - 1000000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 1996 | 1988 |
| Year Franchised | 2004 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Symposium Cafe | Red Hot & Blue | |
| Experience | Industry experience | |
Financing Options |
||
| Symposium Cafe | Red Hot & Blue | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Symposium Cafe | Red Hot & Blue | |
| Training | 3 full months of training for up to three individuals at an existing Symposium Cafe location. | |
| Support | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. | 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 |
||
| Symposium Cafe | Red Hot & Blue | |
| US Expansion | ||
| Canada Expansion | Ontario | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Symposium Cafe | |
| Red Hot & Blue | |
| Franchise Fee | |
| Symposium Cafe | |
| Red Hot & Blue | |
| Royalty Fee | |
| Symposium Cafe | 4% |
| Red Hot & Blue | 5% |
| Advertising Fee | |
| Symposium Cafe | 1% |
| Red Hot & Blue | |
| Year Founded | |
| Symposium Cafe | 1996 |
| Red Hot & Blue | 1988 |
| Year Franchised | |
| Symposium Cafe | 2004 |
| Red Hot & Blue | 1990 |
| Term Of Agreement | |
| Symposium Cafe | |
| Red Hot & Blue | 20 years |
| Renewal Fee | |
| Symposium Cafe | |
| Red Hot & Blue | |
Business Experience Requirements |
|
| Experience | |
| Symposium Cafe | |
| Red Hot & Blue | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Symposium Cafe | |
| Red Hot & Blue | |
| Start-up Costs | |
| Symposium Cafe | |
| Red Hot & Blue | |
| Equipment | |
| Symposium Cafe} | |
| Red Hot & Blue | |
| Inventory | |
| Symposium Cafe | |
| Red Hot & Blue | |
| Receivables | |
| Symposium Cafe | |
| Red Hot & Blue | |
| Payroll | |
| Symposium Cafe | |
| Red Hot & Blue | |
Training & Support |
|
| Training | |
| Symposium Cafe | 3 full months of training for up to three individuals at an existing Symposium Cafe location. |
| Red Hot & Blue | |
| Support | |
| Symposium Cafe | A transition tutor is assigned to directly assist you on a regular basis in your restaurant franchise for a period of 10 weeks. This tutor works closely with you through the opening stages of your cafe, the day-to-day operating systems and procedures to ensure a successful start-up of your restaurant. This program is designed to strengthen and build the Franchise operators commitment to our proven systems. Our unique 10 weeks in-store program is crucial to building your team, establishing a strong customer base, growing restaurant sales and operating a successful Symposium Cafe franchise. The field consulting team provides ongoing support and training through restaurant visits and coaching. They ensure all Symposium Cafe systems, specifications and standards are in place to drive consistent operations and profitable sales. Professional operations staff makes ongoing visits to your restaurant to hear any concerns you may have. They'll also conduct restaurant audits, which expose areas of concern within your operation. Our regional managers work with our Franchisees to develop action plans to correct and eliminate any problems uncovered. |
| Red Hot & Blue | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | |
| Symposium Cafe | |
| Red Hot & Blue | Ad slicks, National media, Regional advertising |
| Operations | |
| Symposium Cafe | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Symposium Cafe | |
| Red Hot & Blue | |
| Canada Expansion | |
| Symposium Cafe | Ontario |
| Red Hot & Blue | |
| International Expansion | |
| Symposium Cafe | |
| Red Hot & Blue | |