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Below is an in-depth analysis and side-by-side comparison of Denny's vs Le Biftheque including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $305,000 - $2,404,695 | N/A |
Franchise Fee | $10,000 - $30,000 | $40,000 |
Royalty Fee | 4.5%-7% | - |
Advertising Fee | 3%-3.5% | - |
Year Founded | 1953 | 1981 |
Year Franchised | 1984 | 1989 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | $10K for 10 years | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | On-The-Job Training: 91 hours Classroom Training: 16 hours Additional Training: At existing Denny's restaurants | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing Loyalty program/app | - |
Operations |
44% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 Absentee Ownership Allowed | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Le Biftheque restaurants, with over a quarter of a century of experience, are renowned for exceptional meals at unparalelled value. We age and cut our beef in our own retail butcher shops, allowing us to offer our guests the complete steakhouse experience. With banquet and meeting facilities, we can accommodate every corporate and private need.