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Below is an in-depth analysis and side-by-side comparison of L and L Franchise vs Shoney's Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $133,700 - $535,000 | $568,000 - $2,800,000 |
Franchise Fee | $30,000 | $25,000 - $35,000 |
Royalty Fee | 3%-4% | 2.5-3.5% |
Advertising Fee | 1%-2% | - |
Year Founded | 1976 | 1968 |
Year Franchised | 1991 | 1971 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | On-The-Job Training: 168 hours Classroom Training: 24 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | No |
L&L Franchise, Inc., the parent company of L&L Drive-Inn and L&L Hawaiian Barbecue has expanded across Hawaii and mainland United States to include over 175 locations serving the best in Hawaiian Barbecue(SM) Hawaiian style cuisine. The company's approach in providing great food and Aloha spirit has been well received by many throughout the United States. The franchise continues to grow at a rate of one store per week.
Since 1947, Shoney’s has been known for authentic southern dishes that are available for breakfast, lunch, supper and to-go.
Today, after completing an extensive revitalization program that includes a focus on freshly prepared, innovative menu items, beautifully redesigned restaurants with flat screen TV’s and modern furnishings and the commitment to give back to the communities we serve, Shoney’s truly is better than ever.
Shoney’s is a Nashville-based company with more than 140 restaurants located in 16 states. Each restaurant strives to give back and be a pillar to the community, which is the hallmark of Shoney’s culture. We support local schools, sports teams, the military, firefighters, police, EMTs and more.
From San Antonio, Texas to Dover, Ohio and every location in between, our restaurants are committed to partner with the communities we serve.
Grow with us! Make Shoney’s a part of your future and invest in a business you’ll be proud to own.