Indigo Joe's Franchise
Family sports pub restaurant
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
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How much does it cost to open a Indigo Joe's Franchise ?
The investment required to open a Indigo Joe's Franchise is between $1,200,000 - $1,300,000 . There is an initial franchise fee of $30,000 which grants you the license to run a business under the Indigo Joe's name.
Individual Franchise Costs
- Initial Investment:
$1,200,000 - - Initial Franchise Fee:
$30,000 - Royalty Fee:
5% - Advertising Fee:
1.50% - Term of Agreement:
10 years +10 - Renewal Fee:
$10K
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
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
Indigo Joe's Growth History
When did the first Indigo Joe's open? 1994When did Indigo Joe's start Franchising ? 2002
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 18 | 0 | 0 | 1 |
| 2004 | 12 | 0 | 0 | 1 |
| 2003 | 2 | 0 | 0 | 1 |
| 2002 | 0 | 0 | 0 | 1 |
| 2001 | N/A | N/A | N/A | 1 |
How much money you could make as a Indigo Joe's Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Indigo Joe's Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for Indigo Joe's and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Indigo Joe's franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.