Twin Peaks vs The Firkin Group of Pubs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Twin Peaks vs The Firkin Group of Pubs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Twin Peaks The Firkin Group of Pubs
Investment 1309800 - 2365900 297900 - 1000000
Franchise Fee 0
Royalty Fee 5% 5%
Advertising Fee 3%
Year Founded 2005 1987
Year Franchised 2005 1987
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Twin Peaks The Firkin Group of Pubs
Experience *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence. General business experience

Financing Options

  Twin Peaks The Firkin Group of Pubs
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Twin Peaks The Firkin Group of Pubs
Training *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews. Our Firkin training helps franchisees learn about running a successful and most importantly, profitable business. Every franchisee is required to complete an intense, mandatory training session over the course of 4 weeks that encompasses every aspect of the Firkin business. From day one, franchisees also have access to highly coveted, one of a kind, training materials including: * F.U. Firkin University in-house * F.U. Firkin University online * Firkin Autopilot ??" franchisee intranet
Support *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D Meetings, Purchasing cooperatives
Marketing Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer.
Operations *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed.. Franchisees required to buy multiple units/master licenses Absentee ownership of franchise is allowed.

Expansion Plans

  Twin Peaks The Firkin Group of Pubs
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 Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wyoming,
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Twin Peaks
The Firkin Group of Pubs
Franchise Fee
Twin Peaks
The Firkin Group of Pubs
Royalty Fee
Twin Peaks 5%
The Firkin Group of Pubs 5%
Advertising Fee
Twin Peaks 3%
The Firkin Group of Pubs
Year Founded
Twin Peaks 2005
The Firkin Group of Pubs 1987
Year Franchised
Twin Peaks 2005
The Firkin Group of Pubs 1987
Term Of Agreement
Twin Peaks 15 years
The Firkin Group of Pubs 10-20 years
Renewal Fee
Twin Peaks
The Firkin Group of Pubs


Business Experience Requirements

Experience
Twin Peaks *Multi-unit developers (ability to develop three or more restaurants): $500,000 liquid (per store); $1,500,000 net worth (per store). *Strong banking relationships and ability to secure funding. Management and Operating Requirements *At least five years multi-unit restaurant operations and development experience. *The ability to deliver a superlative customer experience while maintaining a dedication to develop the Twin Peaks culture. *Live in your market and have strong ties to the local community. *The ability to create and manage an organization that recruits, trains, retains and motivates people effectively. *Dedication to operations excellence.
The Firkin Group of Pubs General business experience

Financing Options

 
Franchise Fees
Twin Peaks
The Firkin Group of Pubs
Start-up Costs
Twin Peaks
The Firkin Group of Pubs
Equipment
Twin Peaks}
The Firkin Group of Pubs
Inventory
Twin Peaks
The Firkin Group of Pubs
Receivables
Twin Peaks
The Firkin Group of Pubs
Payroll
Twin Peaks
The Firkin Group of Pubs

Training & Support

Training
Twin Peaks *The franchise group's control person and all management participate in a 6-7 week training program at the Twin Peaks Training Center located in Dallas, Texas. *Additionally, we provide an opening training team to provide on-site pre-opening and opening training, supervision and assistance to you for a minimum of 14 days. *Once completed, franchisees receive regular updates to their training, including on-site visits and operation reviews.
The Firkin Group of Pubs Our Firkin training helps franchisees learn about running a successful and most importantly, profitable business. Every franchisee is required to complete an intense, mandatory training session over the course of 4 weeks that encompasses every aspect of the Firkin business. From day one, franchisees also have access to highly coveted, one of a kind, training materials including: * F.U. Firkin University in-house * F.U. Firkin University online * Firkin Autopilot ??" franchisee intranet
Support
Twin Peaks *Development and Site Selection help *Grand opening *Training teams *Meetings *Intranet system/Online training materials *Security/safety procedures *Field operations/evaluations *Purchasing cooperatives, R&D
The Firkin Group of Pubs Meetings, Purchasing cooperatives
Marketing
Twin Peaks Co-op advertising, Interactive Website, Merchandise, Email Club, Billboards, Girl of the Month photo shoots, Twin Peaks TV in house ads, Seasonal Costume changes, Private label beer.
The Firkin Group of Pubs
Operations
Twin Peaks *50% of all franchisees own more than one unit. *Number of employees needed to run franchised unit: 60. *Absentee ownership of franchise is allowed..
The Firkin Group of Pubs Franchisees required to buy multiple units/master licenses Absentee ownership of franchise is allowed.

Expansion Plans

US Expansion
Twin Peaks 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
The Firkin Group of Pubs Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, West Virginia, Wyoming,
Canada Expansion
Twin Peaks
The Firkin Group of Pubs
International Expansion
Twin Peaks
The Firkin Group of Pubs